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Four-Unit Brick Quadplex
For Sale
$373,000

2106 Kimberly Lane, Edinburg, TX 78541

Residential Income, Edinburg, TX

Property Size3,640 SF
Lot Size0.22 Acres
Price / SF$102.47
Days on Market184
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Property Features for 2106 Kimberly Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 8
Parking features None
Appliances Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Subdivision Balcones Trail
Lot features Mature Trees
Elementary school Gonzalez
Middle school South Middle School
High school Vela H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions Head south toward W Trenton Rd. Turn right onto W Trenton Rd. Turn right onto S Jackson Rd. Turn left onto Kimberly Ln. Destination will be on the left
Standard status Active
APN B031001000001000
Size 3,640 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6721

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1997
Floors in Building 1
Number of units 4
Building materials Brick
Roof type Shingle
Listing Agency: Keller Williams Realty RGV
Listed By: Jaime Lee Gonzalez · License #713189
Added: Apr 15 Changed: Sep 4 Last Checked: Oct 15 at 1:06PM
MLS# 477777

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 four-unit residential property contains 3,640 square feet and was built in 1997. Each residence is arranged with 2 bedrooms and 2 bathrooms, creating a consistent unit layout across the building. Brick construction, shingle roofing, central heating, and central air conditioning are among the property’s physical features. The appliance package includes a refrigerator, stove/range, washer, dryer, and electric water heater.

The property occupies 0.2165 acres at 2106 Kimberly Lane in Edinburg, Texas. Its location is near Walmart, UTRGV, and the courthouse, placing everyday retail, a university campus, and civic facilities within the surrounding area. Mature trees are present on the site, adding established landscaping to the residential setting.

Key Highlights

  • Four‑unit property with 3,640 square feet of building area
  • Each unit includes 2 bedrooms and 2 bathrooms
  • Built in 1997 with brick construction and a shingle roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,195
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,900 $683.9K
Cap Rate 7%
$488,500 $488.5K
Cap Rate 9%
$379,944 $379.9K
Market Conditions
NOI Build-Up for 3,640 SF
Gross rent
$50.2K $13.80/SF
− Vacancy
−$1.4K −$0.38/SF
EGI
$48.9K $13.42/SF
− OpEx
−$14.7K −$4.03/SF
NOI
$34.2K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,900
Cap Rate 7%
$488,500
Cap Rate 9%
$379,944

Alternative Uses

Best Use
Multifamily LT 5
$488.5K
$427.4K – $569.9K (±1% cap)
NOI $34,195 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$436.6K
$382.0K – $509.3K (±1% cap)
NOI $30,559 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$944.5K
$826.4K – $1.10M (±1% cap)
NOI $66,114 @ 7.0% cap · market cap 17.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Dental Office HVAC Service (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Brick construction, central heating and cooling, and a practical residential configuration support long-term occupancy.
Where is this quadplex located?
The property is located at 2106 Kimberly Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $373,000.
What are key features of this property?
This property features: Four‑unit property with 3,640 square feet of building area; Each unit includes 2 bedrooms and 2 bathrooms; Built in 1997 with brick construction and a shingle roof
More about this property
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