316 S Monmack Road, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
- Added:
- Jan 23, 2026
- Days on Market:
- 145
- Last Refresh:
- Jun 17 at 4:06 am
Property Features for 316 S Monmack Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport
- Patio and Porch features
- Deck
- Appliances
- Water Heater (Other Location), Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- T210000276001205
- Size
- 3,066 SF
- Lot size
- 0.96 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6086
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Frame/Wood
- 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 23, 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 income property with 4 fully‑occupied homes on 1 acre.
- Includes a 2022‑built, furnished 2‑bed/2‑bath home, ready for Airbnb or short‑term rentals.
- Three additional homes (3/2, 3/1, 1/1) with existing leases for immediate income.
- Includes remodeling materials in 2 storage sheds to upgrade additional homes.
- Furniture conveys with the property.
- Features 4 electric meters and 4 septic systems.
Overview
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 | $48.2k | $15.72 |
| − Vacancy | −$1.4k | −$0.46 |
| EGI | $46.8k | $15.26 |
| − OpEx | −$21.1k | −$6.87 |
| NOI | $25.7k | $8.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.202278
- Latitude
- 26.304771
