For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Edinburg Fourplex Investment Opportunity Title is generated by Realmo AI

    214 Fig Drive, Edinburg, TX 78541

    View on Map
    Claim this Listing
    For Sale
    $515,000

    MULTI_FAMILY - Edinburg, TX

    Property size:
    4,432 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $116/SF
    Added:
    Dec 1, 2025
    Days on Market:
    202
    Last Refresh:
    Jun 21 at 4:06 am

    Property Features for 214 Fig Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Parking features
    Other
    Fencing
    Privacy
    Appliances
    Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
    Standard status
    Active
    APN
    W378000000004800
    Size
    4,432 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    10155

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2016
    Floors in Building
    1
    Number of units
    4
    Building materials
    Stone, Stucco

    We can help!

    Listing Contact
    Vanessa Grimaldo

    Listing agent Vanessa Grimaldo

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date Dec 1, 2025

    MLS# 487987 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.

    HighLights

    • Built in 2016, this fourplex offers relatively new construction.
    • Two unit sizes available: two 2 bed/2 bath units (1,096 sq ft) and two 3 bed/2 bath units (1,120 sq ft).
    • Located in the gated West Oaks subdivision.
    • Excellent location near shopping centers, grocery stores, restaurants, schools, and the University of Texas Rio Grande Valley.
    • Tile flooring throughout and plenty of natural lighting.
    • Includes refrigerator, stove/range, microwave, dishwasher, disposal, washer, and dryer.

    Overview

    This well-maintained fourplex, constructed in 2016, presents a great investment opportunity in Edinburg, Texas. Located in the gated West Oaks subdivision, the property features ample backyard space and is conveniently situated minutes from shopping centers, grocery stores, restaurants, schools, and the University of Texas Rio Grande Valley. The property contains 4,432 square feet of living space on a 0.286-acre lot. Two units offer 1,096 square feet of living space, each with 2 bedrooms and 2 bathrooms. The other two units each provide 1,120 square feet of living space, with 3 bedrooms and 2 bathrooms. Tile flooring and plenty of natural light are present throughout the building.

    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 $61.2k $13.80
    − Vacancy −$1.7k −$0.38
    EGI $59.5k $13.42
    − OpEx −$17.8k −$4.03
    NOI $41.6k $9.39
    4,432 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $594.8K
    $520.5K – $693.9K (±1% cap)
    NOI $41,636 @ 7.0% cap · market cap 8.08%
    Second Best
    Apartment 5plus
    $531.5K
    $465.1K – $620.1K (±1% cap)
    NOI $37,208 @ 7.0% cap · market cap 7.22%
    Theoretical Best
    Office A
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,499 @ 7.0% cap · market cap 15.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.162281
    Latitude
    26.314178

    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex in Edinburg, built in 2016.
    Where is this quadplex located?
    The property is located at 214 Fig Drive Edinburg, TX.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: Built in 2016, this fourplex offers relatively new construction.; Two unit sizes available: **two 2 bed/2 bath units (1,096 sq ft) and two 3 bed/2 bath units (1,120 sq ft).**; Located in the gated West Oaks subdivision.
    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