For sale

Price cut: $15K (7/16)

$340,000

1409 Prosperity Dr, Edinburg, TX 78541

8beds

8baths

3,808sqft

$2,547/mo

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Quadruplex, Multi Family

Built in 2003

-- sqft lot

$-- Zestimate^®

$89/sqft

$-- HOA

What's special

Tile flooring throughoutCeiling fansAmple covered parkingDecorative tray ceilingsFour spacious unitsFunctional open-concept layouts

Excellent investment opportunity in the heart of Edinburg! This well-maintained fourplex features four spacious units, each offering 2 bedrooms and 2 full bathrooms with approximately 952 living sq. ft. per unit. Property includes tile flooring throughout, central A/C, ceiling fans, washer/dryer connections, and kitchen appliances including refrigerator and stove/range. Functional open-concept layouts with decorative tray ceilings create an attractive living space for tenants. Located in the established Queens Ridge Estates subdivision with convenient access to UTRGV, Expressway 281/I-69C, shopping, dining, schools, and the Hidalgo County Courthouse. Property also features ample covered parking and separate utility setups. Great opportunity for an investor looking to add value with upside potential through lease-up.

83 days

93

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Electric Water Heater, Refrigerator, Stove/Range
Laundry: Laundry Closet, Washer/Dryer Connection

Features

Ceiling Fan(s)
Flooring: Tile
Windows: Double Pane Windows

Interior area

Total structure area: 3,808
Total interior livable area: 3,808 sqft

Property

Parking

Total spaces: 8
Parking features: Garage Faces Rear
Carport spaces: 8

Features

Exterior features: Mature Trees
Fencing: None

Lot

Size: 9,661 Square Feet
Features: Mature Trees, Sidewalks

Details

Additional structures: Outbuilding (None)
Parcel number: Q307000000000700

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

Year built: 2003

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Sidewalks, Street Lights
Security: Smoke Detector(s)
Subdivision: Queen's Ridge Estates

HOA

Has HOA: No

Location

Region: Edinburg

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $350,485
Annual tax amount: $8,377
Date on market: 5/9/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$806/mo

Price history

Date	Event	Price
7/16/2026	Price change	$340,000-4.2%$89/sqft
Source: Greater McAllen AOR #503955 Report a problem
5/9/2026	Listed for sale	$355,000+9.2%$93/sqft
Source: Greater McAllen AOR #503955 Report a problem
1/19/2022	Sold	--
Source: Greater McAllen AOR #366464 Report a problem
12/16/2021	Pending sale	$325,000$85/sqft
Source: Greater McAllen AOR #366464 Report a problem
11/19/2021	Listed for sale	$325,000$85/sqft
Source: Greater McAllen AOR #366464 Report a problem
11/11/2021	Pending sale	$325,000$85/sqft
Source: Greater McAllen AOR #366464 Report a problem
9/27/2021	Listed for sale	$325,000$85/sqft
Source: Greater McAllen AOR #366464 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,377 -3.9%	$350,485 -3.5%
2024	$8,721 -0.8%	$363,185 -0.8%
2023	$8,788 +29.7%	$366,262 +40.8%
2022	$6,775 +6.7%	$260,164 +11%
2021	$6,348	$234,434 -0.9%
2020	--	$236,456
2019	$6,434 +9.7%	$236,456 +3.8%
2018	$5,862	$227,749 +8.2%
2017	$5,862 +23.6%	$210,566 +24.1%
2016	$4,743 +2.7%	$169,739 +3.5%
2015	$4,619	$164,009 -0.8%
2014	$4,619	$165,266 -0.8%
2013	--	$166,522 -0.7%
2012	--	$167,778 -0.7%
2011	--	$169,035 -10.1%
2010	--	$188,102 -0.8%
2009	--	$189,547 +3%
2008	--	$183,981 +4.4%
2007	--	$176,238 +0%
2006	--	$176,190
2005	--	$176,190 +139.2%
2004	--	$73,659

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 78541

Getting around

5 / 100

Car-Dependent

37 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Truman Elementary School
Grades: PK-5Distance: 1.1 mi
6/10
B L Garza Middle School
Grades: 6-8Distance: 1.5 mi
4/10
Edinburg North High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Truman
Middle: B.L. Garza
High: Edinburg North H.S.
District: Edinburg ISD

Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.