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1605 N Molino Drive Edinburg, TX $ 535,000
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$ 535,000 Get more info
1605 N Molino Drive
$ 535,000
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New Construction
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1605 N Molino Drive

Edinburg, TX, 78541
$ 535,000
Bedrooms4 Baths4.0 Sq 3,712

Monthly Estimate*

$ 3,556

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Multi-Family Home for sale in Edinburg, TX

for $535,000 with 4 bedrooms and 4 full baths. This 3,712 square foot home was built in 2024 on a lot size of 0.2368.

Welcome all investors to the newest gated community Sugar Mills Estates in Edinburg. Centrally located, just minutes from the courthouse, UTRGV, restaurants, and shopping centers, this brand new under construction fourplex ensures convenience for both residents and potential tenants, making it an attractive prospect for investment. This modern property will comprise of four units, with two units featuring 2 bedrooms and 2 bathrooms, while the remaining units offer 3 bedrooms and 2 bathrooms, all embracing a modern open concept floorplan. High ceilings, tile flooring throughout, and kitchen will have custom cabinetry with quartz countertops. The units will be equipped with all essential appliances. Estimated time of completion is August 2024. Don't miss the chance to capitalized on this investment!

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Multi-Family Active

Price

$ 535,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,376

Style

Quadruplex

Lot Size

0.2368

Year Built

2024

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

432152
Features
General
Interior Features Dryer Microwave Walk-In Closet(s) Washer
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Dryer Microwave Refrigerator Stove/Range-Electric Smooth Washer
Exterior Features Other
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Stucco
Year Built 2024
Property SubType Quadruplex
Tax Year 2024
Gross Income 59400
Community Features Gated Sidewalks Street Lights
County Hidalgo
Insurance Expense 1600
New Construction Yes
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Sugar Mills Estates
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions Head north on Sugar Rd passing Chapin Rd. Subdivision entrance will be on the right hand side.
High School Edinburg North H.S.
City Edinburg
High School District Edinburg ISD
NumberOfUnitsTotal 4
Lot Size Units Square Feet
Lot Size Square Feet 10314.1368
Carport Spaces 8
Carport Y/N Yes
Street Name Molino
Elementary School Cavazos
Tax Annual Amount 2376
Home Warranty Y/N No
Middle/Junior High School Longoria
Property Condition New Construction
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Edinburg ISD
Elementary School District Edinburg ISD
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Interior
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Energy Features (Double Pane Windows)
Street Suffix Drive
Laundry Features Laundry Closet
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Exterior
Fencing Wood
Parking Features No Garage
Lot Features Sidewalks
Water Source Public
Total Parking 8
Lot Size Area 10314.1368
Foundation Details Slab
Number of Buildings 2
Building Area Total 3712
Lot Size Acres 0.2368
Road Surface Type Paved
Covered Spaces 8
Pool YN No
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* Excluded Features
List By
Jaime Lee Gonzalez

Listing Agent

Keller Williams Realty Rgv

Broker

jaime@jlgrealtor.com

Email

Affordability Calculator

$3,754
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,556
Monthly Property Taxes
$198
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
3048282 Elementary School
3057009 Middle School
Edinburg North H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/2/2024$535,000 Listed Price

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1605 N Molino Drive, Edinburg, TX, 78541 is a Multi-Family Home for sale at $535,000 with 3,712 sqft and a lot size of 0.2368. 1605 N Molino Drive has 4 bedrooms, 4.0 baths, and was built in 2024. The property's zip code is 78541 which is in Edinburg, TX

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