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For sale
  • $495,000

    503 Peabody Ave, Edinburg, TX 78539

    6beds
    6baths
    3,424sqft
    : 
    Quadruplex, Multi Family
    Built in 2018
    -- sqft lot
    $477,200 Zestimate®
    $145/sqft
    $42/mo HOA

    What's special

    Spacious two-bedroom two-bath unitsOne-bedroom and two-bedroom layoutsCozy one-bedroom one-bath units
    Welcome to this fantastic investment opportunity in the desirable Mon Mack Landing Gated Subdivision! This well-maintained fourplex features four units, offering a perfect blend of one-bedroom and two-bedroom layouts, making it an attractive option for a variety of tenants. The fourplex consists of two cozy one-bedroom, one-bath units, alongside two spacious two-bedroom, two-bath units. Each tenant is responsible for their own water bill. Situated in a sought-after neighborhood, this property is close to local amenities, schools, parks, and sopping ensuring convenience for tenants. Investment Potential: With a strong rental demand in the area, this fourplex is an excellent opportunity for investors looking to expand their portfolio or for first-time buyers seeking a multi-unit residence. Don’t miss your chance to own this versatile fourplex in Mon Mack Landing. Schedule a viewing today and explore the endless possibilities this property has to offer!
    160 days
    on Zillow
    |
    21
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2025 at 12:29pm

    Listed by:

    Vikki R. Wright 956-587-9237,

    Realty One Group Right Choice

    Source: Greater McAllen AOR,MLS#: 463943
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater, Water Heater (In Attic), Disposal, Dryer, Refrigerator, Stove/Range-Electric Coil
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Walk-In Closet(s)
    • Flooring: Tile
    Interior area
    • Total structure area: 3,424
    • Total interior livable area: 3,424 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: No Garage
    • Carport spaces: 8
    Features
    • Exterior features: None, Sprinkler System
    • Fencing: Privacy,Wood
    Lot
    • Size: 8,820.9 Square Feet
    • Features: Mature Trees, Sidewalks, Sprinkler System
    Details
    • Additional structures: Outbuilding (None)
    • Parcel number: M566501000009600

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick, Stone
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: None

    Community & HOA

    Community
    • Features: Gated, Sidewalks, Street Lights
    • Security: Smoke Detector(s)
    • Subdivision: Monmack Landing
    HOA
    • Has HOA: Yes
    • HOA fee: $500 annually
    • HOA name: Mon-Mack Landing, LLC
    Location
    • Region: Edinburg

    Financial & listing details

    • Price per square foot: $145/sqft
    • Tax assessed value: $447,754
    • Annual tax amount: $8,625
    • Date on market: 3/4/2025
    • Road surface type: Paved
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