2709 Primrose Avenue Edinburg, TX 78541
MULTI_FAMILY - Edinburg, TX
- Added:
- May 21, 2026
- Days on Market:
- 55
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 2709 Primrose Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater, Smooth Electric Cooktop, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- M256000000001700
- Size
- 4,320 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11268
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick, Stone
- Roof type
- Composition
Listing agent Gabriel Alcantar License #750863 (956) 970-1963
Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX (956) 583-2100
Listing date May 21, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Four‑plex: Two buildings with two units each for multiple income streams
- 4 bedrooms, 4 bathrooms per unit: Ample space and convenience
- Proven rental track record
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 | $59.6k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $58.0k | $13.42 |
| − OpEx | −$17.4k | −$4.03 |
| NOI | $40.6k | $9.39 |
