Edinburg Fourplex Investment
2013 N El Mundo Drive Edinburg, TX 78541
2013 N El Mundo Drive, Edinburg, TX, 78541
$358,000
For Sale
$358,000
MULTI_FAMILY - Edinburg, TX
Property Size3,640 SF
Lot Size0.34 Acres
Price / SF$98.35
Days on Market50
Property Features for 2013 N El Mundo Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- L635700000001300
- Size
- 3,640 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8286
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
eXp Realty LLC
(888) 519-7431
9600 Great Hills Trail #150w, Austin, TX
Listed by
Mario E. Baez · License #616428
(956) 827-0170
Added: May 31 Checked: Jul 19 at 4:06 am
MLS# 483266
Listing URL
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained, all-brick fourplex is an excellent investment opportunity in a prime Edinburg location. The property features four 2-bedroom, 2-bath units, each with its own carport. The units are consistently rented and cared for, with a strong rental history and full occupancy. The property is strategically positioned near the UTRGV campus, retail stores, and a variety of restaurants, offering convenience and tenant appeal. It has easy access to major roads and amenities. The property size is 3,640 square feet and the lot size is 0.3412 acres. This fourplex is located in the rapidly growing city of Edinburg.
Key Highlights
- All‑brick fourplex built in 2003 with four 2‑bedroom, 2‑bath units
- Each unit has convenient covered parking via carports
- Central cooling with electric and central heating options
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.2k | $15.72 |
| − Vacancy | −$1.7k | −$0.46 |
| EGI | $55.6k | $15.26 |
| − OpEx | −$25.0k | −$6.87 |
| NOI | $30.6k | $8.40 |
3,640 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$488.5K
$427.4K – $569.9K
NOI $34,195 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$436.6K
$382.0K – $509.3K
NOI $30,559 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$944.5K
$826.4K – $1.10M
NOI $66,114 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex near UTRGV with strong rental history.
Where is this quadplex located?
The property is located at 2013 N El Mundo Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: All‑brick fourplex built in 2003 with four 2‑bedroom, 2‑bath units; Each unit has convenient covered parking via carports; Central cooling with electric and central heating options
