About 1613 N Molino Drive
FULLY LEASED corner lot Investment property located in the new subdivision Sugar Mill Estates in Edinburg, Tx. Located minutes from main retail, restaurants Hidalgo County Courthouse and The University of Texas Rio Grande Valley. It is also conveniently located 25 minutes from McAllen International Airport. These units offer a promising return on investment. They are a mixture of 2 units being 3 bedrooms with 2 bathrooms and the other 2 units 2 bedrooms with 2 bathrooms. Don't miss out on the chance to secure reliable income stream. All appliances are included, priced to sell and will not last!
Features of 1613 N Molino Drive
| MLS® # | 1926066 |
|---|---|
| Price | $485,000 |
| Number Of Units | 4 |
| Acres | 0.00 |
| Year Built | 2024 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 1613 N Molino Drive |
|---|---|
| Subdivision | OUT OF COUNTY CAMERON |
| City | Edinburg |
| County | Hidalgo |
| State | TX |
| Zip Code | 78541 |
Multi-Unit Information
| Gross Annual Income | $48,234 |
|---|---|
| Net Operating Income | $48,234 |
| Annual Operating Expense | $48,234 |
| Operating Expense Includes | Insurance, Maintenance |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $1,125 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $990 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other |
Unit 3 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $1,125 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $975 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Unit Central |
| Has Basement | No |
Exterior
| Exterior | Stucco |
|---|---|
| Exterior Features | Other - See Remarks |
| Roof | Other |
| Foundation | Slab |
School Information
| District | Edinburg Consolidated ISD |
|---|---|
| Elementary | Not Applicable |
| Middle | Not Applicable |
| High | Not Applicable |
Additional Information
| Date Listed | December 2nd, 2025 |
|---|---|
| Days on Market | 284 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 9.95 |
| Gross Rent Multiplier | 10.06 |
| Estimated Taxes | $2,466 |
Listing Details
| Agent | Bryanna Hernandez |
|---|---|
| Office | Imperio Real Estate LLC |
| Contact Info | (956) 607-8299 |