New - 7 days on Rocket
$5,878 Closing Credit¹
#459624, Rogelio (Roy) Vela, Listing Office: Candela Realty LLC
$5,926
closing credit¹
2711 Larkspur Ave Edinburg, TX 78541
$499,000 List price
$5,926
Closing credit¹
4,698 sqft
0.3 acres
$106 / sqft
Multi-Family
Property details
About 2711 Larkspur Ave
Nestled in the vibrant and rapidly growing region of South Texas, this exceptional fourplex offers two units with 2 beds and 2 baths, and two more units with 3 beds and 2 baths. Situated in a prime location that combines urban conveniences with a touch of suburban tranquility, the fourplex is poised for rapid appreciation in the city of Edinburg. Rental demand is robust, supported by the proximity to major employers, educational institutions, and recreational facilities. A rare find in today’s market, this property comes with an assumable loan option, allowing the new owner to step into the existing mortgage with favorable terms. The assumable FHA loan featuring an interest rate of 3.625%, significantly below the current market average. This opportunity not only reduces the buyer’s initial financing hurdles but also enhances the long-term investment potential by locking in a lower rate.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size4,698 sqft
Lot size0.2571 Acres
Year built2021
ParkingAttached, Garage Faces Rear
MLS #458298
Summary
- MLS Number: 458298
- MLS Name: McAllenTX
- Office Name: Monarca Real Estate Group LLC
- Office Phone: (956) 862-2964
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.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/31/2025, 10:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
2711 Larkspur Ave
$5,926
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $563,038 | $14,661 |
| 2022 | $408,879 | $11,071 |
| 2021 | $64,960 | $1,521 |
History based on county public records data.
Nearby schools
5
De Zavala Elementary School
Public District EE-5
0.7 mi
•3615 W Rogers Rd
7
Truman Elementary School
Public District EE-5
1.4 mi
•701 W Rogers Rd
7
Idea Edinburg Academy
Public Charter PK-5
2.3 mi
•2753 N Roegiers 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 $43,591. Most Edinburg, TX residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
41%
<35k
48%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
25%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
37%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
11%
12-17 yrs old
35%
18-34 yrs old
27%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Soccer
NBA/WNBA
Where do the neighbors shop?
Burlington
Express/Express For Men
Dillards
Where do the neighbors go to eat?
Church's Chicken
Wingstop
Starbucks
What do the neighbors drive?
Chevrolet
Nissan
Pontiac
What do the neighbors listen to?
Urban Adult Contemporary
Christian Adult Contemporary- Urban Contemporary
All data provided by Home Junction and Claritas
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This home is located at 2711 Larkspur Ave in Edinburg, TX and zip code 78541. This 4,698 square foot home, which was built in 2021, sits on a 0.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $499,000.
From Rocket Homes Real Estate and based on county public records data.