2022 Quadplex Income
For Sale
$325,000
316 S Monmack Road, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
Property Size3,066 SF
Lot Size0.96 Acres
Price / SF$106
Days on Market193
Property Features for 316 S Monmack Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Patio and Porch features
Deck
Appliances
Water Heater (Other Location), Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
Tex-Mex Survey
Lot features
Irregular Lot
Elementary school
Trevino
Middle school
Longoria
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Driving north on 10th St,Turn East on 107, Turn South on Monmack, Home will be directly on the East side.
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 Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Israel Esquivel
(956) 655-5715
Added: Jan 23
Changed: Jul 30
Last Checked: Aug 4 at 12:06AM
MLS# 486344
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.
A 0.96-acre income property configured as a quadplex-style rental setup, featuring a furnished 2022-built 2-bed/2-bath unit. The property includes central heating and a mix of window units and central air conditioning, plus a shingle roof. Frame/wood construction and a deck provide straightforward, durable residential living space.
Utilities and services support independent operation, with 4 electric meters, 1 water meter, and 4 septic systems. Water is provided via public water.
In addition to the 2022 home, the property includes three other homes described as having leases already in place. Included appliances list a refrigerator, stove/range-electric smooth, washer, dryer, and a water heater (other location).
Utilities and services support independent operation, with 4 electric meters, 1 water meter, and 4 septic systems. Water is provided via public water.
In addition to the 2022 home, the property includes three other homes described as having leases already in place. Included appliances list a refrigerator, stove/range-electric smooth, washer, dryer, and a water heater (other location).
Key Highlights
- 0.96‑acre lot size
- 3,066 SF property size
- 2022 build furnished 2‑bed/2‑bath home
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 | $42.3k | $13.80 |
| − Vacancy | −$1.2k | −$0.38 |
| EGI | $41.1k | $13.42 |
| − OpEx | −$12.3k | −$4.03 |
| NOI | $28.8k | $9.39 |
3,066 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$411.5K
$360.0K – $480.1K
NOI $28,803 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$367.7K
$321.8K – $429.0K
NOI $25,740 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$795.5K
$696.1K – $928.1K
NOI $55,688 @ 7.0% cap · market cap 17.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
200
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
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Frequently Asked Questions
What type of property is this?
Quadplex - 0.96-acre quadplex with a furnished 2022 2-bed/2-bath unit and multiple leased homes.
Where is this quadplex located?
The property is located at 316 S Monmack Road 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: 0.96‑acre lot size; 3,066 SF property size; 2022 build furnished 2‑bed/2‑bath home
