2516 Jeffery Drive, Edinburg TX 78542, Edinburg, Hidalgo, Residential Income

An Excellent Investment Opportunity!

This well-maintained multifamily property presents a solid investment opportunity with several recent improvements and stable cash flow. It features four units, each with appliances (several recently replaced). All units are tiled and include coffered ceilings. Most units also include washers and dryers, with laundry hookups available in all.

Currently, three active leases are in place: two units at $675/month and one at $625/month, with clear potential for rental increases to align with market rates.

Major capital improvements have already been completed, including:

– New roof installed in 2020

– Septic system for Units C and D replaced in 2025

– New HVAC system for Unit D installed in 2024

– Water heaters replaced in most units within the last 1–3 years

– As well as several new appliances, new ceiling fans, fresh paint in three units within the last couple of years, and many more miscellaneous improvements.