12,600 sqft$99/sqft
624 W Santa Rosa Ave, Edcouch, TX 78538
Est: $8,370/moGet pre-approved

Description

Positioned on a highly visible main road, this 18-unit multifamily asset offers investors the rare combination of newer construction, strong occupancy, and immediate income potential. Currently operating at over 85% occupancy, the property consists of 10 three-bedroom, 5 two-bedroom and 3 one-bedroom units with a projected average rent of $750 per unit, producing an estimated $162,000 in annual gross rental income at stabilization. This asset offers the advantage of lower capital expenditure requirements...Positioned on a highly visible main road, this 18-unit multifamily asset offers investors the rare combination of newer construction, strong occupancy, and immediate income potential. Currently operating at over 85% occupancy, the property consists of 10 three-bedroom, 5 two-bedroom and 3 one-bedroom units with a projected average rent of $750 per unit, producing an estimated $162,000 in annual gross rental income at stabilization. This asset offers the advantage of lower capital expenditure requirements and minimal deferred maintenance. At an asking price of $1,250,000, the property delivers a 12.96% gross rental yield. Assuming typical operating expenses of approximately 35%, the estimated Net Operating Income (NOI) is approximately $105,300, translating to an estimated cap rate of 8.42%. This is the type of return sophisticated investors actively pursue—stable income, efficient operations, and long-term appreciation potential in a growing market.
LISTING UPDATED: 07/22/2026 12:57 PM

  1. Listed by Avinaash Nash Buxani • TREC #801068760 • Winners Circle

Property Details for 624 West Santa Rosa Avenue

Status
MLS #
510163
Days on Market
20
Taxes
$23,000 / year
HOA Fees
-
Condo/Co-op Fees
$1,200 / year
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1985
Lot Size
0.86 AC / 37,462 SF
Community Features
None
Subdivision Name
Edcouch Original Townsite

Location

Listing Courtesy of Winners Circle
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Building Information for 624 West Santa Rosa Avenue

Stories2Residences18Year Built1985Building Size-Lot Size0.86 AC / 37,462 SF

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$8,370 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,354

Property Taxes

$1,917

HOA Dues

$100

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Property Information for 624 West Santa Rosa Avenue

Summary
Location and General Information
  • Directions: From 281 - Exit East on University/107, complex is on right hand side in Edcouch From 83 - Exit North on Intl Blvd in Weslaco, take a left on 107 in Edcouch, complex is on left hand side
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Adame
  • Elementary School District: Edcouch-Elsa ISD
  • High School: Agua Dulce H.S.
  • High School District: Edcouch-Elsa ISD
  • Middle Or Junior School: Adams
  • Middle Or Junior School District: Edcouch-Elsa ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 163706
  • Tax Annual Amount: $23,000
  • Tax Legal Description: EDCOUCH ORIGINAL TOWNSITE BLK 44 LOT 1-12
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 12600.0
  • Building Area Units: Square Feet
  • Living Area: 12600.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Corner Lot, Mature Trees
  • Lot Size Acres: 0.86
  • Lot Size Area: 37462.0356
  • Lot Size Square Feet: 37462.0356
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1985
  • Year Built Source: HCAD
  • Escrow: $10,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 19
  • Sewer: City Sewer
  • 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: None
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Stucco
  • Other Structures: Outbuilding (None)
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Water Heater (In Attic), Refrigerator, Stove/Range-Electric Smooth
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: None
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $162,000.00
  • Insurance Expense: $3,500.00
  • Maintenance Expense: $1,200.00
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 18
  • Other Expense: $.00

Property History for 624 West Santa Rosa Avenue

DateEvent & SourcePriceAppreciation
Jul 21, 2026

Listed (Active)

Greater McAllen Association of REALTORS #510163

$1,250,000
Apr 30, 2024

Sold

Greater McAllen Association of REALTORS #425819

Mar 17, 2024

Pending

Greater McAllen Association of REALTORS #425819

DateEvent & SourcePrice
07/21/2026

Listed (Active)

Greater McAllen Association of REALTORS #510163

$1,250,000
04/30/2024

Sold

Greater McAllen Association of REALTORS #425819

03/17/2024

Pending

Greater McAllen Association of REALTORS #425819

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

Schools near 624 West Santa Rosa Avenue

This home is within Edcouch-Elsa Independent School District.
Rating
School
Type
Grades
Distance
Public - 6
Public - 9 to 12
Public - K to 5
Public - K to 5
Rating
School
Distance
David Ybarra Fine Arts Academy
Public6

Edcouch-Elsa High School
Public9 to 12

Kennedy Elementary School
PublicK to 5

L B J Elementary School
PublicK to 5

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.

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624 West Santa Rosa Avenue is a multi-family home for sale in Edcouch, TX 78538. This property was listed for sale on July 22, 2026 by Winners Circle, it's currently listed at $1,250,000. It has been on the market for a total of 20 days and was last sold on May 1, 2024. This listing's school district is Edcouch-Elsa Independent School District. Nearby schools include David Ybarra Fine Arts Academy, Edcouch-Elsa High School and Kennedy Elementary School. 624 West Santa Rosa Avenue is a 0-bed, 0-bath, 12,600 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Winners Circle

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.