$5,522 Closing Credit¹
#456164, Sabita Mahtani, Listing Office: Key Realty
$495,000 List price
503 Peabody Ave Edinburg, TX 78539
$5,878
Closing credit¹
3,424 sqft
0.2 acres
$145 / sqft
Multi-Family
Property details
About 503 Peabody Ave
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!
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size3,424 sqft
Lot size0.2025 Acres
Year built2018
ParkingNo Garage
MLS #463943
Summary
- MLS Number: 463943
- MLS Name: McAllenTX
- Office Name: Realty One Group Right Choice
- Office Phone: (956) 587-9237
- Listing Agent: Vikki Wright
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: 3/14/2025, 4:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
503 Peabody Ave
$5,878
closing credit¹
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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 | $418,814 | $9,902 |
| 2022 | $346,775 | $8,913 |
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. Typical income of Edinburg, TX residents is between $35k-100k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
56%
35k-100k
27%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
35%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
37%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Minor League Baseball Games
Major League Soccer (MLS)
Where do the neighbors shop?
New York & Company
Banana Republic
Express/Express For Men
Where do the neighbors go to eat?
Qdoba
Chick-fil-A
Sonic
What do the neighbors drive?
Infiniti
Kia
Pontiac
What do the neighbors listen to?
Active Rock
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 503 Peabody Ave in Edinburg, TX and zip code 78539. This 3,424 square foot home, which was built in 2018, sits on a 0.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $495,000.
From Rocket Homes Real Estate and based on county public records data.