2516 Jeffery Dr Edinburg, TX 78542
Property details
About 2516 Jeffery Dr
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.
Highlights
Summary
- Appliances: Range, Cooktop, Electric Water Heater, Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fan(s)
- Parking: No Garage
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $335,000
- Price/SqFt: $98
- Lot: Cul-De-Sac
- Directions: from expressway north tower pass canton and left on venus property shuld be at the end of the road
- Year Built: 2005
- Stories: 1
- Living Area: 3,417 SqFt
- Lot Size: 0.5202 Acres
- MLS Number: 467903
- MLS Name: McAllenTX
- Office Name: TNT Real Estate
- Office Phone: (956) 322-3020
- Listing Agent: Miguel Vargas
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/5/2025, 3:00:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$335,000
2516 Jeffery Dr
$3,978
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Betts Elementary School
Public District EE-5
1.6 mi
•2320 S Cesar Chavez Rd
7
Esparza Elementary School
Public District EE-5
1.7 mi
•2510 S Cesar Chavez Rd
3
Singleterry Elementary School
Public District PK-5
1.9 mi
•9113 N Val Verde Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,000. Residents of Edinburg, TX typically earn less than $<35k each year. The majority of families are married, with kids. Most residents in this area have high school diploma education.
This home is located at 2516 Jeffery Dr in Edinburg, TX and zip code 78542. This 3,417 square foot home, which was built in 2005, sits on a 0.52 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 19, 2025 and is currently priced at $335,000.