409 Rafael Dr

Beds
Baths
4,456 Sq. Ft.
$114 / Sq. Ft.
4,456
Sq. Ft.
$114
per Sq. Ft.

Description

Looking for a great investment opportunity? Look no further! This fourplex is a strong, income-producing asset with excellent long-term potential. Ideally located just minutes from the expressway, this turnkey property offers convenience, modern features, and steady rental appeal. Each unit showcases high-quality finishes, stainless steel appliances, sleek cabinetry, and contemporary fixtures that attract tenants while keeping maintenance low. With reliable tenants already in place, you’ll enjoy...Looking for a great investment opportunity? Look no further! This fourplex is a strong, income-producing asset with excellent long-term potential. Ideally located just minutes from the expressway, this turnkey property offers convenience, modern features, and steady rental appeal. Each unit showcases high-quality finishes, stainless steel appliances, sleek cabinetry, and contemporary fixtures that attract tenants while keeping maintenance low. With reliable tenants already in place, you’ll enjoy immediate cash flow and minimal management hassle. Don’t miss out on this exceptional investment—schedule your showing today before it’s gone!
  1. Listed by Preshina Samtani • TREC #801067567 • Key Realty

Property Details for 409 Rafael Drive

Community Features
Curbs, Street Lights
Subdivision Name
Carroll Estates
LISTING UPDATED: 01/21/2026 10:35 AM

Property Details for 409 Rafael Drive

StatusActive
MLS #488263
Days on Market126
Taxes$14,482 / year
HOA Fees$600 / year
Condo/Co-op Fees$250 / year
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2021
Lot Size0.24 AC / 10,415 SF
CountyHidalgo County

Location

Listing Courtesy of Key Realty
Add your commute

Building Information for 409 Rafael Drive

Stories1Residences4Year Built2021Building Size-Lot Size0.24 AC / 10,415 SF

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$3,841 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,563

Property Taxes

$1,207

HOA Dues

$71

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Property Information for 409 Rafael Drive

Summary
Location and General Information
  • Directions: East on Expressway 83, Exit Stewart road, Go South one block to Carroll Rd, then East on Carroll to Rafael Dr.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Other Garage or Carport
  • Parking Total: 8.0
School Information
  • Elementary School: Clover
  • Elementary School District: PSJA ISD
  • High School: PSJA H.S.
  • High School District: PSJA ISD
  • Middle Or Junior School: Austin
  • Middle Or Junior School District: PSJA ISD
Taxes and HOA
  • Association Fee: $600
  • Association FeeFrequency: Annually
  • Association Name: Caroll Estates HOA
  • Association: Yes
  • Parcel Number: C192400000009700
  • Tax Annual Amount: $14,482
  • Tax Legal Description: CARROLL ESTATES LOT 97
  • Tax Year: 2025
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4456.0
  • Building Area Units: Square Feet
  • Living Area: 4456.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Sidewalks
  • Lot Size Acres: 0.2391
  • Lot Size Area: 10415.196
  • Lot Size Square Feet: 10415.196
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2021
  • Year Built Source: HCAD
  • Escrow: $5,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler System
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Stone, Stucco
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio, Patio Slab
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Feature (Storm Windows)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $61,500.00
  • Insurance Expense: $1,636.00
  • Maintenance Expense: $250.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $1,113.00

Property History for 409 Rafael Drive

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

Greater McAllen Association of REALTORS #488263

$509,000
Oct 23, 2022

Sold

Greater McAllen Association of REALTORS #385415

Aug 28, 2022

Pending

Greater McAllen Association of REALTORS #385415

Jul 21, 2022

Price Change

Greater McAllen Association of REALTORS #385415

$1,200,000
Jul 11, 2022

Price Change

Greater McAllen Association of REALTORS #385415

$1,300,000
Jul 11, 2022

Listed (Active)

Greater McAllen Association of REALTORS #385415

$1,300,000,000
DateEvent & SourcePrice
12/03/2025

Listed (Active)

Greater McAllen Association of REALTORS #488263

$509,000
10/23/2022

Sold

Greater McAllen Association of REALTORS #385415

08/28/2022

Pending

Greater McAllen Association of REALTORS #385415

07/21/2022

Price Change

Greater McAllen Association of REALTORS #385415

$1,200,000
07/11/2022

Price Change

Greater McAllen Association of REALTORS #385415

$1,300,000
07/11/2022

Listed (Active)

Greater McAllen Association of REALTORS #385415

$1,300,000,000

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

Public Records for 409 Rafael Drive

Taxable ValueLand$101,600Additions$458,400Total$560,000
Tax Record2024$14,270 ($1,189 / month)
Home Facts
Total Finished SqFt4,456 SqFtAbove Grade Finished SqFt4,456 SqFtStories1Lot Size10,420 SqFtStyleMulti-Family Res (5+ Units)Year Built2021CountyHIDALGOAPNC1924-00-000-0097-00

Schools near 409 Rafael Drive

This home is within Pharr-San Juan-Alamo Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Berta S Palacios Elementary School
PublicPK to 5

Jaime Escalante Middle School
Public6 to 8

PSJA Southwest Early College High School
Public9 to 12

PSJA Collegiate
Public9 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

409 Rafael Drive is a multi-family home for sale in San Juan, TX 78589. This property was listed for sale on December 4, 2025 by Key Realty, it's currently listed at $509,000. It has been on the market for a total of 126 days and was last sold on October 24, 2022. This listing's school district is Pharr-San Juan-Alamo Independent School District. Nearby schools include Berta S Palacios Elementary School, Jaime Escalante Middle School and PSJA Southwest Early College High School. 409 Rafael Drive is a 0-bed, 0-bath, 4,456 sqft multi-family home built in 2021.

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 Key Realty

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.