3302 S Sugar Rd

Edinburg, TX 78539

$1,750,000
Price
—
Beds
—
Baths
20,806 Sq. Ft.
$84 / Sq. Ft.
20,806
Sq. Ft.
$84
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Virtual Tour
Virtual Tour

Description

Out-of-town investors, take note—this is a rare opportunity to acquire an income-producing 11-unit townhome community in one of South Texas’ fastest-growing rental markets. Built in 2019, this property features spacious 3-bedroom, 3-story units designed to attract long-term tenants and consistent occupancy. Located in Edinburg, TX—just minutes from the rapidly growing McAllen area — this property benefits from strong economic drivers including a major university (UTRGV with 29,000+ students), top-tier...Out-of-town investors, take note—this is a rare opportunity to acquire an income-producing 11-unit townhome community in one of South Texas’ fastest-growing rental markets. Built in 2019, this property features spacious 3-bedroom, 3-story units designed to attract long-term tenants and consistent occupancy. Located in Edinburg, TX—just minutes from the rapidly growing McAllen area — this property benefits from strong economic drivers including a major university (UTRGV with 29,000+ students), top-tier medical institutions (DHR Health and Edinburg Regional Hospital), and significant public investments, fueling growth and sustained rental demand. Ideal for investors seeking passive income, this newer construction asset offers low maintenance requirements and strong rent comparables in a landlord-friendly market. A compelling opportunity to diversify your portfolio into a high-yield, growth-oriented market with favorable price points compared to major metro areas.
  1. Listed by Ingrid Cepeda • TREC #801071874 • Exp Realty Llc

Property Details for 3302 South Sugar Road

Community Features
Curbs, Gated, Sidewalks, Street Lights
Furnished
Unfurnished
Subdivision Name
Regency
LISTING UPDATED: 04/03/2026 12:27 AM

Property Details for 3302 South Sugar Road

StatusActive
MLS #500826
Days on Market6
Taxes$51,000 / year
HOA Fees$1,320 / year
Condo/Co-op Fees$15,000 / year
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2019
CountyHidalgo County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Exp Realty Llc
Add your commute

Virtual Tour

Building Information for 3302 South Sugar Road

Building/Complex3302 S Sugar RdFloor-Stories3Residences11Pet Policy-Pet Policy Details-Year Built2019Building Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$14,422 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,812

Property Taxes

$4,250

HOA Dues

$1,360

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3302 South Sugar Road

Summary
Location and General Information
  • Directions: At corner of Sugar Rd & Wisconsin - head north. Just ahead on right-hand (East side) is Nora Dr. Property is gated community on corner.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 20.0
  • Carport YN: Yes
  • Covered Spaces: 20.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Detached
  • Parking Total: 20.0
School Information
  • Elementary School: Ramirez
  • Elementary School District: Edinburg ISD
  • High School: Vela H.S.
  • High School District: Edinburg ISD
  • Middle Or Junior School: South Middle School
  • Middle Or Junior School District: Edinburg ISD
Taxes and HOA
  • Association Fee: $1,320
  • Association FeeFrequency: Annually
  • Association Name: Regency at Nora HOA
  • Association: Yes
  • Parcel Number: R17650000000000
  • Tax Annual Amount: $51,000
  • Tax Legal Description: REGENCY VILLAS CONDOMINIUM
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Seller Measured
  • Building Area Total: 20806.0
  • Building Area Units: Square Feet
  • Living Area: 20806.0
  • Living Area Source: Seller Measured
  • Living Area Units: Square Feet
  • Lot Features: Controlled Access, Corner Lot, Mature Trees, Professional Landscaping, Sidewalks, Sprinkler System
  • Lot Size Acres: 0.5822
  • Lot Size Area: 25358.8896
  • Lot Size Dimensions: 268X100
  • Lot Size Square Feet: 25358.8896
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 2019
  • Year Built Source: Seller
  • Escrow: $17,500.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 11
  • Sewer: City Sewer
  • Utilities: Internet Access
  • Water Source: Public
Green Features
  • Green Energy Efficient: Energy Star, Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Mature Trees, Motorized Gate, Sprinkler System
  • Fencing: Decorative Metal, Irrigation, Landscaped, Masonry, Privacy
  • Pool: No
  • Number Of Buildings: 11
  • Construction Materials: Stone, Stucco
  • Other Equipment: Automated Lighting
  • Other Structures: Outbuilding (None)
  • Association Amenities: Property Owners' Assoc.
  • Patio And Porch Features: Covered Patio, Deck/Balcony/Porch, Patio
  • Roof: Composition Shingle, Shingle
  • Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Smooth Electric Cooktop, Disposal, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Laminate, Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Bonus Room, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Office/Study, Walk-In Closet(s), Washer
  • Laundry Features: Laundry Room
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $207,900.00
  • Insurance Expense: $10,200.00
  • Maintenance Expense: $15,000.00
Multi-Family Information
  • Number Of Units In Community: 1
  • Number Of Units Total: 11
  • Other Expense: $10,395.00

Property History for 3302 South Sugar Road

DateEvent & SourcePriceAppreciation
Apr 2, 2026

Listed (Active)

Greater McAllen Association of REALTORS #500826

$1,750,000—
Nov 9, 2024

Expired

Greater McAllen Association of REALTORS #436432

$1,000,000—
May 14, 2024

Listed (Active)

Greater McAllen Association of REALTORS #436432

$1,000,000—
DateEvent & SourcePrice
04/02/2026

Listed (Active)

Greater McAllen Association of REALTORS #500826

$1,750,000
11/09/2024

Expired

Greater McAllen Association of REALTORS #436432

$1,000,000
05/14/2024

Listed (Active)

Greater McAllen Association of REALTORS #436432

$1,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3302 South Sugar Road

This home is within Edinburg Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Alfonso Ramirez Elementary School
Public - PK to 5
South Middle School
Public - 6 to 8
Robert R Vela High School
Public - 9 to 12
Vision Academy Of Excellence
Public - 11 to 12
Rating
School
Distance
Alfonso Ramirez Elementary School
PublicPK to 5

South Middle School
Public6 to 8

Robert R Vela High School
Public9 to 12

Vision Academy Of Excellence
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 3302 South Sugar Road, Edinburg, TX 78539

3302 South Sugar Road is a multi-family home for sale in Edinburg, TX 78539. This property was listed for sale on April 2, 2026 by Exp Realty Llc, it's currently listed at $1,750,000. This listing's school district is Edinburg Consolidated Independent School District. Nearby schools include Alfonso Ramirez Elementary School, South Middle School and Robert R Vela High School. 3302 South Sugar Road is a 0-bed, 0-bath, 20,806 sqft multi-family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exp Realty Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.