#463943, Vikki Wright, Listing office: Realty One Group Right Choice
Property details
About 406 Peabody Ave
This is a great opportunity to purchase a fully occupied 4 plex in Mon Mack Landing, a great 4 plex subdivision, that offers a very good location towards North McAllen and Edinburg locations such as Best Buy, Domain Plaza, HEB, and more! There are (2) 3 bed 2 bath units and 2 bed 2 bath units that comprise this four plex, for a total of 3960 living sf. Each unit is 990 living SF, and features top end amenities and are in great condition! Currently bringing in $4200 a month in rental income with room for increase.
Highlights
Summary
- Appliances: Electric Water Heater, Other
- Flooring Type: Other
- Interior: Built-in Features, Ceiling Fan(s)
- Parking: Attached, Garage Faces Rear
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $515,000
- Price/SqFt: $130
- HOA Amount: $500 Annually
- Annual Tax Amount: $12,589
- Tax Year: 2023
- Directions: From 10th St and W SPRAGUE ST head EAST on W SPRAGUE ST; head NORTH on MON MACK RD; turn WEST on GARFIELD; head NORTH on PEABODY AVENUE; Multiplex is on the EAST side.
- Year Built: 2018
- Stories: 1
- Living Area: 3,960 SqFt
- Lot Size: 0.2314 Acres
- MLS Number: 476724
- MLS Name: McAllenTX
- Office Name: Glass Realty
- Office Phone: (956) 331-9329
- Listing Agent: Antonio Villeda
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: 8/1/2025, 3:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $483,456 | $12,589 |
2022 | $389,181 | $10,538 |
2021 | $346,774 | $9,501 |
2020 | $349,720 | $9,501 |
2019 | $325,580 | $1,805 |
History based on county public records data.
Nearby schools
8
Trevino Elementary School
Public District PK-5
0.4 mi
•909 S Mon Mack Rd
8
Cayetano Cavazos Elementary School
Public District EE-5
1.2 mi
•1501 Freddy Gonzales Rd
6
De La Vina Elementary School
Public District EE-5
1.3 mi
•1001 S Jackson 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 $75,000. The most common annual income of people living in Edinburg, TX is between $35k-100k. Most families are married, with kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 406 Peabody Ave
The listing price of 406 Peabody Ave property is $515,000.
The property 406 Peabody Ave is a multi located in Edinburg, Texas, 78539.
Active Listing: 406 Peabody Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 406 Peabody Ave are: Trevino Elementary School (GreatSchools Rating 8/10), Cayetano Cavazos Elementary School (GreatSchools Rating 8/10), De La Vina Elementary School (GreatSchools Rating 6/10), B.L. Garza Middle School (GreatSchools Rating 5/10), Vista Academy of Edinburg (GreatSchools Rating 6/10), South Texas Independent School District Preparatory Academy (GreatSchools Rating 10/10), South Texas Business Education & Technology Academy (GreatSchools Rating 8/10), Idea Quest College Preparatory (GreatSchools Rating 9/10), Premier High Schools Career & Technical Education Center (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $12,589 (source: MLS/based on county public records data).
The property 406 Peabody Ave is 3,960 SqFt (source: MLS/tax record).
The year of construction for 406 Peabody Ave is 2018.
This home is located at 406 Peabody Ave in Edinburg, TX and zip code 78539. This 3,960 square foot home, which was built in 2018, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $515,000.