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Fully Leased Multi-Unit Property

422 W Chavez Street W Edinburg, TX 78541

For Sale

$390,000

MULTI_FAMILY - Edinburg, TX

Property size:

2,804 SF

Lot size:

0.15 Acres

Price / SF:

$139.09/SF

For Sale

$390,000

MULTI_FAMILY - Edinburg, TX

Property size:

2,804 SF

Lot size:

0.15 Acres

Price / SF:

$139.09/SF

Added:: Mar 21, 2026
Days on Market:: 116
Last Refresh:: Jul 14 at 8:06 am

Property Features for 422 W Chavez Street W

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking: 2
Exterior features: Sprinkler System
Appliances: Electric Water Heater, Water Heater (Other Location), Microwave, Refrigerator, Stove/Range-Electric Smooth
Standard status: Active
APN: C805000002000201
Size: 2,804 SF
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 10583

Utilities

Heating system: Central, Electric (Heating)
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 2019
Floors in Building: 1
Number of units: 4
Building materials: Stucco
Roof type: Composition

Listing agent Gina Sears License #712092

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

Listing date Mar 21, 2026

MLS# 481400 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.

This exceptional investment opportunity features two modern, well-maintained buildings in a prime location just minutes from UTRGV with easy access to I-69/281. The property is fully leased and offers steady rental income in a high-demand area close to schools, shopping, dining, and major roadways. The first building offers two spacious units with 2 bedrooms and 1 bathroom each, while the second building includes two units with 1 bedroom and 1 bathroom each. Each unit boasts contemporary finishes, including sleek tile flooring, recessed lighting, and open living and dining areas. The kitchens are equipped with stainless steel appliances, granite countertops, and ample cabinet space, combining style and functionality tenants appreciate. An on-site laundry facility with washers and dryers adds extra convenience. The property features covered parking with two spaces in the front and four in the rear. The property is situated on a 0.1467-acre lot and the buildings have a total area of 2804 square feet. With well-maintained landscaping and full occupancy, this turnkey property is located in Edinburg, Texas.

Key Highlights

Fully Leased: Turnkey property providing immediate, steady rental income
Prime Location: Minutes from UTRGV with easy access to I‑69/281, near schools, shopping, and dining
Modern Units: Contemporary finishes including tile flooring, recessed lighting, and open living spaces

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$38.7k	$13.80
− Vacancy	−$1.1k	−$0.38
EGI	$37.6k	$13.42
− OpEx	−$11.3k	−$4.03
NOI	$26.3k	$9.39

2,804 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$376.3K

$329.3K – $439.0K (±1% cap)

NOI $26,342 @ 7.0% cap · market cap 6.75%

Second Best

Apartment 5plus

$336.3K

$294.3K – $392.3K (±1% cap)

NOI $23,540 @ 7.0% cap · market cap 6.04%

Theoretical Best

Office A

$727.6K

$636.6K – $848.8K (±1% cap)

NOI $50,930 @ 7.0% cap · market cap 13.06%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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For sale
Quadplexes
TX
Edinburg
78541
422 W Chavez Street W

What type of property is this?

Quadplex - Modern, well-maintained multi-family property near UTRGV with steady rental income.

Where is this quadplex located?

The property is located at 422 W Chavez Street W Edinburg, TX.

What is the asking price?

The asking price for this property is $390,000.

What are key features of this property?

This property features: Fully Leased: Turnkey property providing immediate, steady rental income; Prime Location: Minutes from UTRGV with easy access to I‑69/281, near schools, shopping, and dining; Modern Units: Contemporary finishes including tile flooring, recessed lighting, and open living spaces

422 W Chavez Street W Edinburg, TX 78541

MULTI_FAMILY - Edinburg, TX

Property Features for 422 W Chavez Street W

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Medical Office Building with Anesthesia License

Office Building with Alley Access

Edinburg Commercial Property with Warehouse

New-Construction Fourplex with 3BR Units

Two-Building Multifamily Property

Edinburg Commercial Property For Sale

8-Unit Multifamily Property

Prime Commercial Property, Edinburg, TX

Edinburg Automotive Shop on Acreage

Edinburg Fourplex Investment Opportunity

Gated Self-Storage Facility

Single-Story Flex Building with Office

FAQs