Leased Triplex on Spacious
For Sale
$149,900
4813 Haven Lane, Edinburg, TX 78542
Residential Income, Edinburg, TX
Property Size1,254 SF
Lot Size0.50 Acres
Price / SF$119.54
Days on Market120
Property Features for 4813 Haven Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Fencing
Chain Link
Appliances
Electric Water Heater, No Conveying Appliances
Subdivision
Sahara Estates
Elementary school
Garza
Middle school
Sauceda
High school
Donna North H.S.
Elementary school district
Donna ISD
Middle school district
Donna ISD
High school district
Donna ISD
Directions
Head north on Tower Rd, turn east on Alberta Rd, then north on Haven Ln. Property will be on the west side of the street.
Standard status
Active
APN
S002200000001400
Size
1,254 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2793
Utilities
Heating system
Electric (Heating)
Cooling system
Wall Unit(s), Electric
Building Details
Year built
2007
Floors in Building
1
Number of units
3
Building materials
Stucco
Roof type
Shingle
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Ricardo Benavides · License #TREC#574075
(956) 283-4082
Added: May 20
Changed: Sep 14
Last Checked: Sep 16 at 9:06AM
MLS# 504948
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 1,254-square-foot triplex in Edinburg includes three currently occupied units and sits on 0.50 acres. Built in 2007, the property features stucco construction, a shingle roof, electric heating, and electric cooling with wall units. Chain-link fencing encloses the site, and no parking is provided.
Located in the county area of Edinburg, the property is outside city limits and has access to nearby schools, shopping, and major roadways. Its three-unit configuration and existing occupancy provide a straightforward residential income profile for an owner or investor evaluating a leased multifamily asset.
Located in the county area of Edinburg, the property is outside city limits and has access to nearby schools, shopping, and major roadways. Its three-unit configuration and existing occupancy provide a straightforward residential income profile for an owner or investor evaluating a leased multifamily asset.
Key Highlights
- Three‑unit triplex with all units currently occupied
- 1,254 square feet on 0.50 acres
- Built in 2007 with stucco construction and a shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,781
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,620
$235.6K
Cap Rate 7%
$168,300
$168.3K
Cap Rate 9%
$130,900
$130.9K
Market Conditions
NOI Build-Up for 1,254 SF
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.
Gross rent
$17.3K $13.80/SF
− Vacancy
−$476 −$0.38/SF
EGI
$16.8K $13.42/SF
− OpEx
−$5.0K −$4.03/SF
NOI
$11.8K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,620
Cap Rate 7%
$168,300
Cap Rate 9%
$130,900
Alternative Uses
Best Use
Multifamily LT 5
$168.3K
$147.3K – $196.4K
NOI $11,781 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$150.4K
$131.6K – $175.5K
NOI $10,528 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$325.4K
$284.7K – $379.6K
NOI $22,777 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied units provide established rental occupancy in the county area of Edinburg.
Where is this triplex located?
The property is located at 4813 Haven Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three‑unit triplex with all units currently occupied; 1,254 square feet on 0.50 acres; Built in 2007 with stucco construction and a shingle roof
