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    Edinburg Fourplex Investment Opportunity

    2502 Cervantes Avenue Edinburg, TX 78541

    Claim this Listing
    For Sale
    $474,000

    MULTI_FAMILY - Edinburg, TX

    Property size:
    4,937 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $96.01/SF
    Added:
    Jan 23, 2026
    Days on Market:
    172
    Last Refresh:
    Jul 14 at 8:06 am

    Property Features for 2502 Cervantes Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    8
    Parking features
    Garage
    Appliances
    Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
    Standard status
    Active
    APN
    L626901000000400
    Size
    4,937 SF
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10636

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air

    Building Details

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

    Listing agent Yanett Rodriguez License #695607

    Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX

    Listing date Jan 23, 2026

    MLS# 492264 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 in Edinburg, Texas, presents an investment opportunity in a growing city. The property offers immediate cash flow with long-term upside potential within 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, benefiting from the city's continued growth and demand for multifamily housing. The property size is 4937 square feet and the lot size is 0.3687 acres.

    Key Highlights

    • Fourplex built in 2005 with brick construction and a composition roof
    • Central electric heating and central air conditioning
    • Each unit includes major appliances: electric water heater, stove/range, refrigerator, washer and dryer

    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 $77.6k $15.72
    − Vacancy −$2.3k −$0.46
    EGI $75.4k $15.26
    − OpEx −$33.9k −$6.87
    NOI $41.4k $8.40
    4,937 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $662.6K
    $579.8K – $773.0K (±1% cap)
    NOI $46,380 @ 7.0% cap · market cap 9.78%
    Second Best
    Apartment 5plus
    $592.1K
    $518.1K – $690.8K (±1% cap)
    NOI $41,447 @ 7.0% cap · market cap 8.74%
    Theoretical Best
    Office A
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,672 @ 7.0% cap · market cap 18.92%
    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 Dental Office Building Supply Electrical Service HVAC Service Hair Salon Law Firm Spa & Massage Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Edinburg, Texas, offering immediate cash flow.
    Where is this quadplex located?
    The property is located at 2502 Cervantes Avenue Edinburg, TX.
    What is the asking price?
    The asking price for this property is $474,000.
    What are key features of this property?
    This property features: Fourplex built in 2005 with brick construction and a composition roof; Central electric heating and central air conditioning; Each unit includes major appliances: electric water heater, stove/range, refrigerator, washer and dryer
    Contact an agent
    (956) 522-8213
    We can help!
    Contact an agent
    Yanett Rodriguez
    Yanett Rodriguez
    Real Estate License ID: 695607
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