Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2123 Western Drive Edinburg, TX 78539

    View on Map
    Claim this Listing
    New
    For Sale
    $445,000

    MULTI_FAMILY - Edinburg, TX

    Property size:
    4,052 SF
    Lot size:
    0.37 Acres
    Added:
    Apr 12, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 13 at 11:06 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
    2020
    Tax Annual Amount
    7810

    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

    We can help!

    Listing Contact
    Robert Kirby
    Robert Kirby

    Listing agent Robert Kirby License #TREC#687948

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

    Listing date Apr 12, 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.

    Overview

    Edinburg Fourplex with No Shared Walls

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1944818
    Latitude
    26.2546598

    Nearby Similar for Sale

    • $269,000
      3,100 SF

      Edinburg Commercial Property For Sale

      Freestanding building in high-traffic area, ideal for retail/office.
      520 E Cano Street, Edinburg, TX 78539
      View Details
    • $399,000
      3,944 SF

      Edinburg Fourplex Investment Opportunity

      Well-kept, fully leased fourplex near UTRGV with upside potential.
      613 La Mancha Drive, Edinburg, TX 78541
      View Details
    • $350,000
      504 SF

      Edinburg Commercial Property with Warehouse

      2.89-acre lot with warehouse and office in Edinburg, TX.
      2808 E University Drive, Edinburg, TX 78542
      View Details
    • $1,320,000
      3,966 SF

      Edinburg Commercial Property For Sale

      Commercial property in Edinburg, ideal for professional or office use.
      506 W University Drive, Edinburg, TX 78539
      View Details
    • $375,000
      3,808 SF

      Edinburg Fourplex Near UTRGV

      Fourplex near UTRGV with strong rental demand.
      1207 Prosperity Drive, Edinburg, TX 78541
      View Details
    • $200,000
      3,006 SF

      Established Restaurant Business Opportunity

      Turn-key restaurant business for sale in Edinburg, Texas.
      403 W Trenton Road, Edinburg, TX 78539
      View Details
    • $325,000
      3,066 SF

      Turnkey Edinburg Multifamily Investment Property

      Fully occupied multifamily property with income potential in Edinburg, TX.
      316 S Monmack Road, Edinburg, TX 78539
      View Details
    • $358,000
      3,640 SF

      Edinburg Fourplex Investment Opportunity

      Well-maintained fourplex near UTRGV with strong rental history.
      2013 N El Mundo Drive, Edinburg, TX 78541
      View Details
    • $475,000
      4,200 SF

      Income-Producing Fourplex in Edinburg, TX

      Fully leased fourplex with diverse unit mix and private patios.
      3613 Whitewing Avenue, Edinburg, TX 78539
      View Details
    • $385,000
      3,660 SF

      Edinburg Fourplex Investment Opportunity

      Well-maintained, fully occupied fourplex near UTRGV with strong rental income.
      2100 Aruba Drive, Edinburg, TX 78541
      View Details
    • $390,000
      3,808 SF

      Edinburg Fourplex Near UTRGV

      Fourplex with new roof, AC, and water heaters near UTRGV.
      1405 Prosperity Drive, Edinburg, TX 78539
      View Details
    • $425,000
      4,480 SF

      Edinburg Fourplex: Investor Opportunity

      Fully occupied fourplex near shopping, dining, and DHR.
      1920 W Western Drive, Edinburg, TX 78539
      View Details

    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
    (956) 279-8829
    We can help!
    Listing Contact
    Robert Kirby
    Robert Kirby
    Real Estate License ID: TREC#687948
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!