2013 N El Mundo Drive Edinburg, TX 78541
MULTI_FAMILY - Edinburg, TX
Property Features for 2013 N El Mundo Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- L635700000001300
- Size
- 3,640 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8286
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Composition
Listing agent Mario E. Baez License #616428 (956) 827-0170
Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX (888) 519-7431
Listing date May 31, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Edinburg location near UTRGV, retail, and restaurants.
- Four 2‑bedroom, 2‑bath units, each with a carport.
- Well‑maintained, all‑brick fourplex.
Local Financial Insights For Apartment 5plus
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 | $57.2k | $15.72 |
| − Vacancy | −$1.7k | −$0.46 |
| EGI | $55.6k | $15.26 |
| − OpEx | −$25.0k | −$6.87 |
| NOI | $30.6k | $8.40 |