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Edinburg Triplex with Modern Amenities

3415 N Kenyon Road Edinburg, TX 78542

Claim this Listing
For Sale
$338,000

MULTI_FAMILY - Edinburg, TX

Property size:
2,450 SF
Lot size:
0.22 Acres
Price / SF:
$137.96/SF
Added:
Mar 29, 2026
Days on Market:
108
Last Refresh:
Jul 14 at 8:06 am

Property Features for 3415 N Kenyon Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport, Garage
Patio and Porch features
Patio
Exterior features
Mature Trees
Fencing
Privacy
Appliances
Electric Water Heater, Water Heater (Laundry Room), Water Heater (Other Location), Dryer, Refrigerator, Stove/Range, Washer
Standard status
Active
APN
M59000000R004802
Size
2,450 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5187

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric

Building Details

Year built
1981
Floors in Building
1
Number of units
3
Building materials
Brick
Roof type
Composition

Listing agent Gladys I Ramos

Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX

Listing date Mar 29, 2026

MLS# 500023 Listing URL

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.

Located in Edinburg, Texas, the property at 3415 N Kenyon Road features a triplex. Each of the three units offers 816 square feet of living space with an open concept design and tile flooring. Central air conditioning is installed in each unit. The property includes a new composition shingles roof and a new water heater. Each unit also has a laundry room and two parallel parking spaces. Situated in a quiet neighborhood, the property is directly adjacent to the Monte Cristo Golf Community & Country Club. The lot size is 0.22 acres, and the total property size is 2450 square feet.

Key Highlights

  • Triplex at 3415 N Kenyon Road built in 1981
  • Each unit is 816 SF with open‑concept layout and tile flooring
  • Central air plus electric heating and electric water heater

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 $33.8k $13.80
− Vacancy −$930 −$0.38
EGI $32.9k $13.42
− OpEx −$9.9k −$4.03
NOI $23.0k $9.39
2,450 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$328.8K
$287.7K – $383.6K (±1% cap)
NOI $23,016 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$293.8K
$257.1K – $342.8K (±1% cap)
NOI $20,568 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$635.7K
$556.3K – $741.7K (±1% cap)
NOI $44,500 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Nail Salon Auto Parts Store Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Accounting Firm Grocery & Convenience Store Home Appliance Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit property near Monte Cristo Golf Community.
Where is this triplex located?
The property is located at 3415 N Kenyon Road Edinburg, TX.
What is the asking price?
The asking price for this property is $338,000.
What are key features of this property?
This property features: Triplex at 3415 N Kenyon Road built in 1981; Each unit is 816 SF with open‑concept layout and tile flooring; Central air plus electric heating and electric water heater
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More about this property
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