1416 LeAnn Rimes, Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
- Added:
- Feb 19, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 19 at 7:06 am
Property Features for 1416 LeAnn Rimes
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- S645601000009A00
- Size
- 3,552 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10340
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick, Stone
- Roof type
- Shingle
Listing agent Eugenia Morales (956) 802-3375
Listing office Equity Assets Realty 5111 N Mccoll Road, McAllen, TX (956) 369-0899
Listing date Feb 19, 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
- 3552‑SF brick four‑plex built in 2015 with all units currently rented
- Unit mix: two 3‑bed/2‑bath units and two 2‑bed/2‑bath units
- Each unit features a living room and dining room plus a master suite with separate shower
- Each unit includes a kitchen with granite countertops, microwave, refrigerator, electric range, and washer/dryer
- Utilities setup: each unit has its own electric meter; shared water meter
- Parking includes a large back carport with enough space for 2 spots per unit; privacy fencing and garage included
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 | $49.0k | $13.80 |
| − Vacancy | −$1.3k | −$0.38 |
| EGI | $47.7k | $13.42 |
| − OpEx | −$14.3k | −$4.03 |
| NOI | $33.4k | $9.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.154238
- Latitude
- 26.262314
