About 303 S Ridge Lane
This recently remodeled fourplex is the perfect addition to your investment portfolio. Each of the four units features 2 bedrooms and 2 bathrooms, offering comfortable and spacious living for tenants. The property is currently generating $4,120 in monthly rental income, making it an excellent opportunity for steady cash flow. Located in a prime area of San Juan, this fourplex offers convenient access to schools, shopping, dining and major roadways, enhancing its long-term rental appeal. Recent updates throughout the property add modern touches and reduce future maintenance concerns, making this a turnkey opportunity for investors seeking both value and stability. Whether you're a seasoned investor or just getting started, this property delivers strong income potential in a growing market. Don't miss out on this rate find! Schedule your private tour today and take advantage of everything this property has to offer!
Features of 303 S Ridge Lane
| MLS® # | 474244 |
|---|---|
| Price | $425,000 |
| Square Footage | 4,154 |
| Acres | 0.26 |
| Year Built | 2012 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 303 S Ridge Lane |
|---|---|
| Subdivision | South Ridge Estates |
| City | San Juan |
| County | Hidalgo |
| State | TX |
| Zip Code | 78589 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | No Garage, Other Garage or Carport, Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet, Washer/Dryer Connection |
| Community Amenities | Sidewalks, Street Lights |
Interior
| Interior Features | Ceiling Fan(s), Decorative/High Ceilings |
|---|---|
| Appliances | Electric Water Heater, Water Heater (In Attic), Dryer, Oven-Single, Refrigerator, Stove/Range, Washer |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Total # of Units | 4 |
| # of Buildings | 2 |
Exterior
| Exterior Features | Sprinkler System |
|---|---|
| Lot Description | Alley, Sidewalks, Sprinkler System |
| Windows | Energy Features (Double Pane Windows) |
| Roof | Clay Tile |
| Construction | Stucco |
| Foundation | Slab |
School Information
| District | PSJA ISD |
|---|---|
| Elementary | North San Juan |
| Middle | LBJ |
| High | PSJA H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Property Insurance | $5,300 |
| Gross Income | $49,440 |
| HOA Association | No |
Listing Details
| Agent | Samantha Reynoso |
|---|---|
| Office | Verite Realty LLC |
| Contact Info | 956-310-8868 |