Turnkey Edinburg 4-Plex
For Sale
$325,000
2707 Presidio Drive, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
Property Size2,520 SF
Lot Size0.25 Acres
Price / SF$128.97
Days on Market188
Property Features for 2707 Presidio Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Other
Appliances
Water Heater (Other)
Subdivision
Presidio
Elementary school
De La Vina
Middle school
South Middle School
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From Sprague and McColl, head South on McColl. Turn East on Presidio. Just passed Ringold Cir. 2707 will be the 3rd property on the North side of Presidio.
Standard status
Active
APN
P833500000002600
Size
2,520 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2020
Tax Annual Amount
7126
HOA Fee
$900 Annually
Building Details
Year built
2001
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Shingle
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Israel Esquivel
(956) 655-5715
Added: Jan 29
Changed: Apr 15
Last Checked: Aug 5 at 5:06AM
MLS# 486353
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 turnkey 4-plex investment property is located inside a gated community. Each of the four units features one bedroom and one bathroom, with a modern open layout, durable finishes, and covered parking. The property generates a gross annual income of $31,200+. The property is situated off the expressway. The lot size is 0.2539 acres and the property size is 2520 square feet.
Key Highlights
- Turnkey investment property with steady cash flow.
- Fully occupied with stable, long‑term tenants already in place.
- Located inside a gated community near the expressway.
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 | $34.8k | $13.80 |
| − Vacancy | −$956 | −$0.38 |
| EGI | $33.8k | $13.42 |
| − OpEx | −$10.1k | −$4.03 |
| NOI | $23.7k | $9.39 |
2,520 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$338.2K
$295.9K – $394.6K
NOI $23,674 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$302.2K
$264.5K – $352.6K
NOI $21,156 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$653.9K
$572.1K – $762.9K
NOI $45,771 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
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 - Rare, steady cash flow investment property in a gated community.
Where is this quadplex located?
The property is located at 2707 Presidio Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Turnkey investment property with steady cash flow.; Fully occupied with stable, long‑term tenants already in place.; Located inside a gated community near the expressway.
