Fully Leased 12-Unit Complex in Prime Edinburg Location! Excellent investment opportunity just minutes from UTRGV, Walmart, Whataburger, Brew 7 Coffee, and a wide variety of restaurants and shopping. This well-maintained property offers: 12 spacious units, each with 2 bedrooms / 1.5 baths Appliances included: stove, refrigerator, washer, and dryer 2 covered parking spaces per unit for tenant convenience Recent updates: Roof replaced approx. 3 years ago, parking lot repaved, and new carports installed Fully leased and income-producing, this complex combines immediate cash flow with long-term value in one of the fastest-growing areas of the Rio Grande Valley.
For sale
$1,150,000
206 N Montevideo Ave, Edinburg, TX 78541
6beds
3baths
13,884sqft
:
Get pre-qualified$8,671/mo
Apartment, Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Spacious units
- 354 days |
- 97 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Maggie Harris 956-821-9990,
Keller Williams Realty Rgv
Source: Greater McAllen AOR,MLS#: 479169
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
- Laundry: Laundry Room, Washer/Dryer Connection
Features
- Built-in Features, Other
- Flooring: Other, Tile
Interior area
- Total structure area: 13,884
- Total interior livable area: 13,884 sqft
Property
Parking
- Total spaces: 24
- Parking features: Detached, Garage Faces Side
- Carport spaces: 24
Features
- Exterior features: Balcony, Mature Trees
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool
- Fencing: None
Lot
- Size: 0.87 Acres
- Features: Curb & Gutters, Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: W360003000002200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Flat
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Other
Community & HOA
Community
- Features: Curbs, Pool, Sidewalks, Street Lights
- Subdivision: West Manor
HOA
- Has HOA: No
Location
- Region: Edinburg
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $800,000
- Annual tax amount: $19,209
- Date on market: 8/23/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,186/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2025 | Listed for sale | $1,150,000+21.1%$83/sqft |
Source: Greater McAllen AOR #479169 Report a problem | ||
| 7/13/2022 | Listing removed | -- |
Source: Greater McAllen AOR #382918 Report a problem | ||
| 5/19/2022 | Listed for sale | $950,000$68/sqft |
Source: Greater McAllen AOR #382918 Report a problem | ||
| 4/13/2017 | Sold | -- |
Source: Greater McAllen AOR #196944 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,122 -0.5% | $800,000 |
| 2024 | $19,210 +15.5% | $800,000 +15.4% |
| 2023 | $16,627 +6% | $692,990 +15% |
| 2022 | $15,692 +12.5% | $602,600 +17% |
| 2021 | $13,945 | $515,000 +1.6% |
| 2020 | -- | $507,000 |
| 2019 | $13,794 -7.7% | $507,000 -3.4% |
| 2018 | $14,948 | $525,000 -2.2% |
| 2017 | $14,948 +22.6% | $536,889 +23% |
| 2016 | $12,195 +60.2% | $436,441 |
| 2015 | $7,610 | $436,441 +60.3% |
| 2014 | $7,610 | $272,294 -9.4% |
| 2013 | -- | $300,672 +177.5% |
| 2012 | -- | $108,369 -1.3% |
| 2011 | -- | $109,820 -17.8% |
| 2010 | -- | $133,551 -2.3% |
| 2009 | -- | $136,628 -2.2% |
| 2008 | -- | $139,707 +15% |
| 2007 | -- | $121,480 -2.1% |
| 2006 | -- | $124,089 +2.9% |
| 2005 | -- | $120,565 +13.3% |
| 2004 | -- | $106,422 -4.6% |
| 2003 | -- | $111,500 -0.4% |
| 2002 | -- | $111,892 |
| 2001 | -- | $111,892 -18.6% |
| 2000 | -- | $137,383 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78541
Nearby schools
GreatSchools rating
- 8/10De La Vina Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10B L Garza Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Edinburg North High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: De La Vina
- 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.
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- $493,000-- bd-- ba8.5k sqft201 N Montevideo Ave, Edinburg, TX 78541Off Market
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- $--1 bd1 ba850 sqft201 N Montevideo Ave #4, Edinburg, TX 78541Off Market
- $--1 bd1 ba-- sqft201 N Montevideo Ave APT 5, Edinburg, TX 78541Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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