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1007 Clarence Avenue
Edinburg TX 78541 US

$535,000

Active Listing ID 506224
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Lot: 0.22 Acres
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Other

$535,000

Active Listing ID 506224
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1007 Clarence Avenue This investor's dream in Border Trace, Edinburg delivers a projected 7.6% cap rate, owner financing available, and comes fully leased with a 90% historical occupancy rate. Just 8 minutes from UTRGV, this income-producing property sits in one of the Rio Grande Valley's most reliable rental corridors with steady demand from students, faculty, and medical professionals. The property offers a 3-bedroom/2-bath unit and a 2-bedroom/2-bath unit, making it attractive to a diverse renter pool and reducing vacancy risk across tenant turnover cycles. Its location near Expressway 83, UTRGV, Edinburg CCISD schools, medical facilities along US-281, keeps it competitive in the rental market year-round. The privacy-fenced backyard with mature oak trees and dedicated storage adds outdoor appeal that supports long-term tenant retention. With owner financing on the table, a proven occupancy track record, and dual-unit flexibility, this property is built to generate consistent cash flow from day one.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Sprinkler System
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Patio

School Information

  • School
  • Flores(Elementary)
  • Longoria(MiddleSchool)
  • Edinburg North H.S.(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 535000
  • unparsedaddress: 1007 Clarence Avenue
  • postalcity: Edinburg
  • stateorprovince: TX
  • country: US
  • postalcode: 78541
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2204
  • lotsizeunits: Acres
  • lotsizearea: 0.2204
  • livingarea: 4200
  • livingareaunits: Square Feet
  • latitude: 26.318387
  • longitude: -98.211004
  • listagentfullname: Victor Fuentes
  • listagentemail: victor@bigrealty.com
  • listagentkey: 3yd-GMARTX-801071391
  • listagentmlsid: 801071391
  • listagentpreferredphone: 9564321351
  • listagentofficephone: 9564321351
  • listofficekey: 3yd-GMARTX-814
  • listofficemlsid: 814
  • disclaimer: Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GMARTX
  • yearbuilt: 2024
  • countyorparish: Hidalgo
  • parcelnumber: A635000000005000
  • elementaryschool: Flores
  • highschool: Edinburg North H.S.
  • elementaryschooldistrict: Edinburg ISD
  • middleorjuniorschooldistrict: Edinburg ISD
  • highschooldistrict: Edinburg ISD
  • appliances: Electric Water Heater, Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • cooling: Central Air
  • constructionmaterials: Stone, Stucco
  • heating: Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 8
  • parkingfeatures: Garage
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Sprinkler System
  • patioandporchfeatures: Porch, Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.211006, 26.318386
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Benavides International Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"victor@bigrealty.com", "ListBrokerageCity":"Pharr", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rick@isellrgv.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Benavides International Group", "ListBrokeragePhone":"(956) 465-0011", "ListBrokeragePostalCode":"78577", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"802 E Expressway 83 Ste. A", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"4847 S Jackson Rd. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"814", "ListOfficeCity":"Edinburg", "ListOfficeCountry":"US", "ListOfficeEmail":"info@bigrealty.com", "ListOfficePostalCode":"78539", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Edinburg, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1007-N-Clarence-Ave_Edinburg_TX_78541_M91256-74041?f=listhub&s=GMARTX&m=506224&c=rexren", "MLSModificationTimestamp":"2026-06-03 15:35:24", "Neighborhoods":[{"Description":null, "Name":"Atwood Village"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9462, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/3/2026 4:37:14 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Victor Fuentes, BIG Realty, victor@bigrealty.com

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.