An Excellent Investment FULLY RENTED This well-maintained multifamily property presents a solid investment opportunity with several recent improvements and stable cash flow. It features four units, each with appliances (several recently replaced). All units are tiled and include coffered ceilings. Most units also include washers and dryers, with laundry hookups available in all. Currently, 3 active leases are in place: 2 units at $675/month and one at $625/month, with clear potential for rental increases to align with market rates. Major capital improvements have already been completed, including: - New roof installed in 2020 - Septic system for Units C and D replaced in 2025 - New HVAC system for Unit D installed in 2024 - Water heaters replaced in most units within the last 1–3 years - As well as several new appliances, new ceiling fans, fresh paint in three units within the last couple of years, and many more improvements.
Sold
Price Unknown
2516 Jeffrey Dr, Edinburg, TX 78542
2beds
1baths
3,417sqft
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$--/sqft
$917 Estimated rent
Home value
Not available
Estimated sales range
Not available
$917/mo
Zestimate® history
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Coffered ceilingsEach with appliancesNew ceiling fans
Zillow last checked:
Listing updated:
Listed by:
Miguel Vargas 956-560-8245,
Tnt Real Estate
Source: Greater McAllen AOR,MLS#: 481566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 3,417
- Total interior livable area: 3,417 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Patio
- Exterior features: Mature Trees
- Fencing: Wood
Lot
- Size: 0.52 Acres
- Features: Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: S254200000000800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Sevilla
HOA
- Has HOA: No
Location
- Region: Edinburg
Financial & listing details
- Tax assessed value: $406,404
- Annual tax amount: $6,526
- Date on market: 9/23/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | -- |
Source: Greater McAllen AOR #481566 Report a problem | ||
| 12/10/2025 | Pending sale | $279,000$82/sqft |
Source: Greater McAllen AOR #481566 Report a problem | ||
| 11/14/2025 | Price change | $279,000-3.5%$82/sqft |
Source: Greater McAllen AOR #481566 Report a problem | ||
| 11/4/2025 | Price change | $289,000-3.3%$85/sqft |
Source: Greater McAllen AOR #481566 Report a problem | ||
| 9/25/2025 | Price change | $299,000-2%$88/sqft |
Source: Greater McAllen AOR #481566 Report a problem | ||
| 8/20/2025 | Price change | $305,000-3.2%$89/sqft |
Source: Greater McAllen AOR #467903 Report a problem | ||
| 7/17/2025 | Price change | $315,000-3.1%$92/sqft |
Source: Greater McAllen AOR #467903 Report a problem | ||
| 5/13/2025 | Price change | $325,000-3%$95/sqft |
Source: Greater McAllen AOR #467903 Report a problem | ||
| 4/19/2025 | Listed for sale | $335,000$98/sqft |
Source: Greater McAllen AOR #467903 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,620 +16.8% | $389,891 +20% |
| 2024 | $6,526 +8.4% | $324,909 +6.9% |
| 2023 | $6,019 +28.5% | $303,896 +32.4% |
| 2022 | $4,684 +12% | $229,455 +13.1% |
| 2021 | $4,183 | $202,907 -0.9% |
| 2020 | -- | $204,698 +0.2% |
| 2019 | $4,398 +9.7% | $204,218 +4.9% |
| 2018 | $4,009 | $194,723 +6.7% |
| 2017 | $4,009 +20.6% | $182,552 +21.2% |
| 2016 | $3,325 +2.5% | $150,644 +3.3% |
| 2015 | $3,246 | $145,812 -0.8% |
| 2014 | $3,246 | $146,989 -0.8% |
| 2013 | -- | $148,167 -0.8% |
| 2012 | -- | $149,344 -0.8% |
| 2011 | -- | $150,521 -8.4% |
| 2010 | -- | $164,325 -0.8% |
| 2009 | -- | $165,622 -0.8% |
| 2008 | -- | $166,932 +11.7% |
| 2007 | -- | $149,475 +36.3% |
| 2006 | -- | $109,657 +339.9% |
| 2005 | -- | $24,926 |
Find assessor info on the county website
Neighborhood: 78542
Nearby homes
- $--2 bd1 ba854 sqft2516 Jeffrey Dr APT A, Edinburg, TX 78542Off Market
- $--2 bd1 ba854 sqft2516 Jeffrey Dr #D, Edinburg, TX 78542Off Market
- $--2 bd1 ba854 sqft2516 Jeffrey Dr #B, Edinburg, TX 78542Off Market
- $145,0000.5 Acres2620 Jeffrey Dr, Edinburg, TX 78542Lot/Land
- $52,1180.52 AcresJeffery Dr, Edinburg, TX 78542Off Market
- $260,4000.52 Acres2504 Jeffrey Dr, Edinburg, TX 78542Off Market
- $227,9004 bd2 ba1.6k sqft2416 Jeffrey Dr, Edinburg, TX 78542Off Market
- $219,9003 bd2 ba1.6k sqft2607 Spades Ave, Edinburg, TX 78542Off Market
Nearby schools
GreatSchools rating
- 4/10Daniel Singleterry Sr Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Dora M Sauceda Middle SchoolGrades: 6-8Distance: 6.1 mi
- 2/10Donna North High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Singleterry
- Middle: Sauceda
- High: Donna North H.S.
- District: Donna 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.
- Texas
- Hidalgo County
- Edinburg
- 78542
- 2516 Jeffrey Dr
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