2707 Presidio Drive, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
- Added:
- Jan 29, 2026
- Days on Market:
- 142
- Last Refresh:
- Jun 20 at 4:06 am
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)
- 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
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Israel Esquivel (956) 655-5715
Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX (888) 519-7431
Listing date Jan 29, 2026
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
- 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.
- Gross annual income of $31,200+.
- Each unit features a modern open layout and durable finishes.
- Covered parking for tenants.
Overview
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 | $34.8k | $13.80 |
| − Vacancy | −$956 | −$0.38 |
| EGI | $33.8k | $13.42 |
| − OpEx | −$10.1k | −$4.03 |
| NOI | $23.7k | $9.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.193885
- Latitude
- 26.295612
