$6,472 Closing Credit¹
#463890, Irene Uribe Manrique de Lara, Listing office: Texas Landmark Realty LLC
$540,000 List price
520 Downing Ave Edinburg, TX 78539
$6,413
Closing credit¹
4,288 sqft
0.2 acres
$126 / sqft
Multi-Family
Property details
About 520 Downing Ave
Prime Income-Generating 4-Plex in Monmack Landing! Seize the opportunity to own a fully occupied, income-producing 4-plex in a highly desirable gated community in Edinburg. Strategically located near UTRGV, top dining spots, major expressways, and shopping centers – ensuring consistent tenant demand. Plus, tenants cover their own utilities, maximizing your cash flow. Don’t miss out – schedule your private tour today!
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size4,288 sqft
Lot size0.2428 Acres
Year built2018
ParkingNo Garage
MLS #471179
Summary
- Appliances: Range, Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator
- Flooring Type: Tile
- Parking: No Garage
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $540,000
- Price/SqFt: $125
- HOA Amount: $500 Annually
- Annual Tax Amount: $13,108
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Turn right onto S Bicentennial Blvd then for 6.9 mi turn right onto W Freddy Gonzalez Dr then for 1.0 mi turn left onto S Mon Mack Rd then for 0.6 mi turn right destination is on your left.
- Year Built: 2018
- Stories: 1
- Living Area: 4,288 SqFt
- Lot Size: 0.2428 Acres
- MLS Number: 471179
- MLS Name: McAllenTX
- Office Name: SANETI Realty Group
- Office Phone: (956) 520-2333
- Listing Agent: Alberto Sanchez Vega
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
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Last updated on: 6/26/2025, 11:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$540,000
520 Downing Ave
$6,413
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 | $503,388 | $13,108 |
| 2022 | $399,716 | $10,823 |
| 2021 | $360,671 | $9,881 |
| 2020 | $363,718 | $9,881 |
| 2019 | $221,588 | $1,894 |
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. Most Edinburg, TX residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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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Frequently asked questions
About 520 Downing Ave
The listing price of 520 Downing Ave property is $540,000.
The property 520 Downing Ave is a multi located in Edinburg, Texas, 78539.
Active Listing: 520 Downing Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 520 Downing Ave are: Freddy Gonzalez Elementary School (GreatSchools Rating 7/10), Canterbury Elementary School (GreatSchools Rating 7/10), Robert E. Lee Elementary School (GreatSchools Rating 6/10), South Middle School (GreatSchools Rating 6/10), Vista Academy of Edinburg (GreatSchools Rating 6/10), South Texas Independent School District Preparatory Academy (GreatSchools Rating 10/10), Robert Vela High School (GreatSchools Rating 5/10), South Texas Business Education & Technology Academy (GreatSchools Rating 8/10), Premier High Schools Career & Technical Education Center (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $13,108 (source: MLS/based on county public records data).
The property 520 Downing Ave is 4,288 SqFt (source: MLS/tax record).
The year of construction for 520 Downing Ave is 2018.
This home is located at 520 Downing Ave in Edinburg, TX and zip code 78539. This 4,288 square foot home, which was built in 2018, sits on a 0.24 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $540,000.
From Rocket Homes Real Estate and based on county public records data.