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Edinburg Fourplex with No Shared Walls

2123 Western Drive Edinburg, TX 78539

2123 Western Drive, Edinburg, TX, 78539
$445,000
For Sale
Claim this Listing
$445,000

MULTI_FAMILY - Edinburg, TX

Property Size4,052 SF
Lot Size0.37 Acres
Price / SF$109.82
AddedMay 31
Days on Market47
Last RefreshJul 16 at 3:06 am

Property Features for 2123 Western Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Standard status
Active
APN
J218000000000100
Size
4,052 SF
Lot size
0.37 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
10300

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2005
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Shingle

Listing agent Robert Kirby License #TREC#687948

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

Listing date May 31, 2026

MLS# 501429 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.

Located at 2123 Western Drive, Edinburg, TX 78539, this fourplex offers a unique design with no shared walls between units, providing added privacy. The property is 100% occupied and situated in a highly desirable area, minutes from DHR, popular restaurants, shopping, and grocery stores. This income-producing property has an excellent rental history and steady occupancy, making it a solid investment with long-term potential. The lot size is 0.3668 acres, and the property size is 4052 square feet.

Key Highlights

  • 100% Occupied Fourplex: Immediate income and investment opportunity
  • No Shared Walls: Enhanced privacy, bungalow‑style living
  • Prime Location: Near DHR, restaurants, shopping, and grocery stores

Local Financial Insights For Multifamily LT 5

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 $55.9k $13.80
− Vacancy −$1.5k −$0.38
EGI $54.4k $13.42
− OpEx −$16.3k −$4.03
NOI $38.1k $9.39
4,052 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$543.8K
$475.8K – $634.4K (±1% cap)
NOI $38,066 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$486.0K
$425.2K – $567.0K (±1% cap)
NOI $34,018 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$1.05M
$920.0K – $1.23M (±1% cap)
NOI $73,597 @ 7.0% cap · market cap 16.54%
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

Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Storage Facility HVAC Service Furniture & Home Goods

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

FAQs

What type of property is this?
Quadplex - Fourplex in desirable location near DHR, restaurants, shopping, and groceries.
Where is this quadplex located?
The property is located at 2123 Western Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 100% Occupied Fourplex: Immediate income and investment opportunity; No Shared Walls: Enhanced privacy, bungalow‑style living; Prime Location: Near DHR, restaurants, shopping, and grocery stores
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More about this property
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