Edinburg Fourplex Investment
For Sale
$392,000
2118 Aruba Drive, Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
Property Size4,020 SF
Lot Size0.26 Acres
Price / SF$97.51
Days on Market194
Property Features for 2118 Aruba Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Fencing
Privacy
Appliances
Electric Water Heater, No Conveying Appliances
Subdivision
Paradise Estates
Lot features
Corner Lot
Elementary school
Trevino
Middle school
Garza
High school
Edinburg North H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Drive north on McColl crossing 107, Schunior, Chapin. On Russell Rd. turn right and on Aruba Dr. turn right. Buildings are located on left hand side. It is a corner lot.
Standard status
Active
APN
P323500000005600
Size
4,020 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8294
HOA Fee
$300 Annually
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Composition
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Yanett Rodriguez · License #695607
(956) 522-8213
Added: Jan 23
Changed: Apr 15
Last Checked: Aug 5 at 9:06AM
MLS# 492267
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 in Edinburg, Texas, presents an investment opportunity in a growing city. The property is fully occupied, offering immediate cash flow and long-term upside in a strong rental market. Each unit is well-maintained, providing consistent rental income and low vacancy risk. The property is located near major roads, shopping, dining, schools, and medical facilities. This location benefits from the city's continued growth and demand for multifamily housing. The property size is 4020 square feet and the lot size is 0.2605 acres.
Key Highlights
- Fully occupied fourplex providing immediate cash flow.
- Located in Edinburg, Texas, a rapidly growing city with high demand for multifamily housing.
- Turnkey property requiring no immediate renovations or improvements.
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 | $63.2k | $15.72 |
| − Vacancy | −$1.8k | −$0.46 |
| EGI | $61.4k | $15.26 |
| − OpEx | −$27.6k | −$6.87 |
| NOI | $33.7k | $8.40 |
4,020 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$539.5K
$472.1K – $629.4K
NOI $37,765 @ 7.0% cap · market cap 9.63%
Second Best
Apartment 5plus
$482.1K
$421.9K – $562.5K
NOI $33,749 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$1.04M
$912.7K – $1.22M
NOI $73,016 @ 7.0% cap · market cap 18.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied Edinburg fourplex with immediate cash flow potential.
Where is this quadplex located?
The property is located at 2118 Aruba Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $392,000.
What are key features of this property?
This property features: Fully occupied fourplex providing immediate cash flow.; Located in Edinburg, Texas, a rapidly growing city with high demand for multifamily housing.; Turnkey property requiring no immediate renovations or improvements.
