$5,938 Closing Credit¹
#1833199, Bryanna Hernandez, Listing Office: Imperio Real Estate LLC
$513,000 List price
405 Downing Ave Edinburg, TX 78539
$6,092
Closing credit¹
3,960 sqft
0.2 acres
$130 / sqft
Multi-Family
Property details
About 405 Downing Ave
Perfect for first-time investors looking to live on-site, this well-maintained 4-plex offers a rare opportunity to generate rental income while building equity. Three units are already rented, providing immediate cash flow, with one 2-bed, 2-bath unit available for an owner-occupant or new tenant. Located minutes from the university and the thriving city of Edinburg, this property is in a high-demand rental area, ensuring strong occupancy rates. Whether you're starting your investment journey or expanding your portfolio, this multifamily gem is a smart move.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size3,960 sqft
Lot size0.2314 Acres
Year built2017
ParkingDetached
MLS #464422
Summary
- MLS Number: 464422
- MLS Name: McAllenTX
- Office Name: Fox Real Estate Pros
- Office Phone: (956) 280-0405
- Listing Agent: Quincy Bonilla
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: 4/15/2025, 6:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$513,000
405 Downing Ave
$6,092
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 | $417,155 | $9,767 |
| 2022 | $379,232 | $9,792 |
| 2021 | $344,756 | $9,055 |
| 2020 | $345,043 | $9,374 |
| 2019 | $347,350 | $9,438 |
History based on county public records data.
Nearby schools
7
Freddy Gonzalez Elementary School
Public District EE-5
0.3 mi
•2401 S Sugar Rd
7
Canterbury Elementary School
Public District EE-5
1.1 mi
•2821 W Canton Rd
6
Robert E. Lee Elementary School
Public District EE-5
1.2 mi
•1215 W Sprague St
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 $79,345. Residents of Edinburg, TX typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
52%
35k-100k
27%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
12%
Single, with Kids
30%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Minor League Baseball Games
Horse Races
Where do the neighbors shop?
New York & Company
Stein Mart
Chico's
Where do the neighbors go to eat?
Qdoba
Chick-fil-A
LongHorn Steakhouse
What do the neighbors drive?
Infiniti
Kia
Buick
What do the neighbors listen to?
Active Rock
Talk/Personality- Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 405 Downing Ave in Edinburg, TX and zip code 78539. This 3,960 square foot home, which was built in 2017, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $513,000.
From Rocket Homes Real Estate and based on county public records data.