3412 S Colt Lane, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
- Added:
- Feb 19, 2026
- Days on Market:
- 122
- Last Refresh:
- Jun 21 at 4:06 am
Property Features for 3412 S Colt Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 7
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Appliances
- Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Convection Oven, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- N11500000000130
- Size
- 4,480 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12915
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Berenice Mariel Gonzalez (956) 578-6868
Listing office Encore Fine Properties 817 N Ware Road, McAllen, TX (956) 821-6170
Listing date Feb 19, 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
- Income‑generating opportunity with all units currently occupied.
- Turn‑key ready condition, appealing to investors and first‑time buyers.
- Prime location near the gated entrance, providing easy access to Wisconsin Rd.
- Conveniently located within 10‑15 minutes of UTRGV, DHR, and major retailers in Edinburg.
- Built in 2023, indicating modern construction.
- Equipped with essential appliances including a refrigerator, stove/range, microwave, washer, and dryer.
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 | $61.8k | $13.80 |
| − Vacancy | −$1.7k | −$0.38 |
| EGI | $60.1k | $13.42 |
| − OpEx | −$18.0k | −$4.03 |
| NOI | $42.1k | $9.39 |
Alternative Uses
Current Use by Public Records
Map
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.196547
- Latitude
- 26.272781
