Investors, seize this rare opportunity at 23769 Uresti Rd, Edinburg, TX 78542! This incomplete four-plex new construction multifamily investment property features concrete block exterior walls, tile flooring, shingle roof, sheetrock on interior walls, partial kitchens built, and a slab foundation, along with some plumbing and infrastructure and a septic tank already in place. Each unit is designed with a functional layout of two bedrooms and one bath, making it an attractive option for potential renters. While significant work remains, buyers have the flexibility to conduct their own research and complete the project to their specifications. Don’t miss out on this chance to create a multifamily rental investment property in a growing area!
Multi-familyProperty Type
2019Year Built
0.5 acresLot Size
$105Est. Price/Sq.Ft.
Listed by David Olivarez• Encore Fine Properties
Bought with Karena Herrera• Encore Fine Properties
Unfinished fourplex off FM 2812, all units 2 bedrooms 1 bath. Owner Finance Available - 200,000 Sale Price - 25K Down - $1,991.55/Monthly 12 years amortization
Year
Property tax
Land + Additions
Assessment*
2026
$5,321 (+21.1%)
$68,765 + $232,385
$301,150
2025
$4,395 (+28.1%)
$63,307 + $185,446
$248,753
2024
$3,431 (+100.2%)
$63,307 + $129,595
$192,902
2023
$1,714 (+13.8%)
$63,307 + $32,733
$96,040
2022
$1,506 (+3.8%)
$46,934 + $29,071
$76,005
2021
$1,451 (+50.1%)
$46,934 + $23,929
$70,863
2020
$967
$46,934
Tax history for 23769 Uresti Rd
Year
Property tax
Land + Additions
Assessment*
2026
$5,321 (+21.1%)
$68,765 + $232,385
$301,150
2025
$4,395 (+28.1%)
$63,307 + $185,446
$248,753
2024
$3,431 (+100.2%)
$63,307 + $129,595
$192,902
2023
$1,714 (+13.8%)
$63,307 + $32,733
$96,040
2022
$1,506 (+3.8%)
$46,934 + $29,071
$76,005
2021
$1,451 (+50.1%)
$46,934 + $23,929
$70,863
2020
$967
$46,934
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Sq. Ft.
3,600
Year built
2019
Style
Other
County
Hidalgo County
APN
L1855-1A-000-0011-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
R1
Single-family Residential District
This district comprises a major portion of the existing single-family dwelling development of the city and is considered to be the proper zoning classification for large areas of the undeveloped land remaining in the city appropriate for single-family dwelling use. This district is intended to be composed of single-family dwellings together with public, denominational and private schools, churches and public parks essential to create basic neighborhood units.; Areas that are zoned for this use shall have water, wastewater, drainage and access to paved streets based on single-family usage.; It is intended for areas that are properly buffered from nonresidential uses, and protected from pollution and/or environmental hazards or from high volume of nonsingle-family traffic.; Developers wishing to restrict their subdivision to lot sizes in excess of what this ordinance requires shall use restrictive covenants.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Ranch
Day care facility
Housing-Single unit
Property details
Parking
Parking / Garage Information
# of Total Parking Spaces: 0
# of Garage Spaces: 0
Covered Spaces: 0
Carport Spaces: 0
Parking Features: No Carport, No Garage
Interior
Interior Features
Flooring: Tile
Interior Features: None
Exterior
Exterior Features
Fencing: Partial
Roof: Composition Shingle
Lot Information
Lot Size Acres: 0.5011
Lot Size Area: 21,827.916
Lot Size Units: Square Feet
Property Information
Other Structures: Outbuilding (None)
Living Area Source: HidalgoCAD
Green Energy Efficient: None
Appliances: Water Heater (None), Refrigerator
Laundry Features: Laundry Area
Road Surface Type: Paved
Building Information
Building Area Total: 3,600
Building Area Units: Square Feet
Foundation Details: Slab
Construction Materials: Block
Financial
Tax Information
Tax Legal Description: LA RESERVA PH 1-A LOT 11
Tax Year: 2024
Tax Annual Amount: $3,431
Financing Information
Escrow: 20000
Utilities
Utility Information
Sewer: City Sewer, Septic Tank
# of Separate Water Meters: 1
Heating & Cooling
Has Cooling
Has Heating
Cooling: Central Air, Electric
Heating: Central, Electric
Location
HOA Information
Association YN: No
School / Neighborhood
Elementary School: Hargill
Elementary School District: Edinburg ISD
Middle Or Junior School: Harwell
Middle Or Junior School District: Edinburg ISD
High School: Economedes H.S.
High School District: Edinburg ISD
Location Details
Directions: From Expressway 281, Exit 2812 East and travel East until you get to Uresti Rd and then South on Uresti Road. Property will be on the West side of Uresti Rd.
Community Information
Number Of Units In Community: 1
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,600
Stories: —
Lot Size: 0.5 acres
Style: Other
Year Built: 2019
Year Renovated: —
County: Hidalgo County
APN: L1855-1A-000-0011-00
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
RATIO ListPrice By SQFT: 56.94
RATIO ListPrice By Original List Price: 1
RATIO List Price By ACRE: 409099.98
RATIO Current Price by Acres: 389143.88
RATIO Current Price By SQFT: 54.17
RATIO Close Price By SQFT: 54.17
RATIO Close Price By Original List Price: 0.95122
RATIO Close Price By List Price: 0.95122
RATIO Close Price By ACRE: 389143.88
Listing Information
Last Status: Pending
Buyer CC YN: No
Repairs YN: No
Non Allowables: No
Around this home
Schools
Kelly-Pharr Elementary School
Public PreK-5 • Assigned • 0.4mi
4/10
Liberty Middle School
Public 6-8 • Assigned • 0.2mi
5/10
PSJA North High School
Public 9-12 • Assigned • 3.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 22 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Pharr, TX • 78542
Average low and high temperatures (°F)
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65
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60
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$360,000 – $435,000
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