3616 Hawthorne Avenue, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
Property Features for 3616 Hawthorne Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.2445-acre lot at 3616 Hawthorne Avenue in Edinburg, TX 78539, within Edinburg CISD. Construction materials include brick and stucco, with a shingle roof. The home has central electric heating and central air conditioning, plus an electric water heater and water heater located in other areas. Parking includes a garage, and the outdoor space features a patio with privacy fencing.
Additional in-unit amenities noted include an electric smooth stove/range, refrigerator, microwave, washer, and dryer. Water service is provided by the public system.
Key Highlights
- All four units are currently leased
- Two buildings: two 1 bed/1 bath units and two 2 bed/2 bath units
- Total 6 bedrooms and 6 bathrooms across the property
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 | $46.4k | $13.80 |
| − Vacancy | −$1.3k | −$0.38 |
| EGI | $45.1k | $13.42 |
| − OpEx | −$13.5k | −$4.03 |
| NOI | $31.6k | $9.39 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78539, TX
Market
Vacancy Rate% for Multifamily in South region