3702 W Zelma Street, Edinburg, TX 78541
MULTI_FAMILY - Edinburg, TX
- Added:
- May 29, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 20 at 2:06 am
Property Features for 3702 W Zelma Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Carport
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Oven-Microwave, Stove/Range-Electric Smooth
- Standard status
- Active
- APN
- M572002000002200
- Size
- 4,032 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 8140
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
Listing agent Maggie Harris License #0530155 (956) 821-9990
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date May 29, 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
- Brick 4‑plex built in 2004 with electric heating and central air
- All units currently leased
- Tile flooring throughout the units
- Each unit includes appliances
- Parking includes a garage and carport, plus privacy fencing
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 | $55.6k | $13.80 |
| − Vacancy | −$1.5k | −$0.38 |
| EGI | $54.1k | $13.42 |
| − OpEx | −$16.2k | −$4.03 |
| NOI | $37.9k | $9.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.201668
- Latitude
- 26.317163
