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Edinburg Fourplex Investment Opportunity

2106 Kimberly Lane Edinburg, TX 78541

Claim this Listing
For Sale
$373,000

MULTI_FAMILY - Edinburg, TX

Property size:
3,640 SF
Lot size:
0.22 Acres
Price / SF:
$102.47/SF
Added:
Feb 1, 2026
Days on Market:
163
Last Refresh:
Jul 14 at 5:06 am

Property Features for 2106 Kimberly Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
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 agent Jaime Lee Gonzalez

Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

Listing date Feb 1, 2026

MLS# 477777 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 fourplex presents an investment opportunity, situated near Walmart, the University of Texas Rio Grande Valley (UTRGV), and the courthouse in Edinburg, Texas. Each of the four units features a 2-bedroom, 2-bath layout. The property is located on a 0.2165-acre lot improved with mature trees and covered parking in the rear. The building has a total area of 3,640 square feet.

Key Highlights

  • Prime location near Walmart, UTRGV, and the courthouse.
  • Four individual units, offering a strong investment opportunity.
  • Each unit features a desirable 2 bedroom, 2 bath layout.

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 (±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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Electrical Service Dental Office HVAC Service (Bike/Boat/Book/etc) Store Building Supply Carpet & Flooring Store Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex near UTRGV and Walmart, great investment property.
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: Prime location near Walmart, UTRGV, and the courthouse.; Four individual units, offering a strong investment opportunity.; Each unit features a desirable 2 bedroom, 2 bath layout.
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