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Edinburg Fourplex Investment Opportunity

2013 N El Mundo Drive Edinburg, TX 78541

2013 N El Mundo Drive, Edinburg, TX, 78541
$358,000
For Sale
Claim this Listing
$358,000

MULTI_FAMILY - Edinburg, TX

Property Size3,640 SF
Lot Size0.34 Acres
Price / SF$98.35
AddedMay 31
Days on Market47
Last RefreshJul 16 at 2:06 am

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

Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX

Listing date May 31, 2026

MLS# 483266 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 well-maintained, all-brick fourplex is an excellent investment opportunity in a prime Edinburg location. The property features four 2-bedroom, 2-bath units, each with its own carport. The units are consistently rented and cared for, with a strong rental history and full occupancy. The property is strategically positioned near the UTRGV campus, retail stores, and a variety of restaurants, offering convenience and tenant appeal. It has easy access to major roads and amenities. The property size is 3,640 square feet and the lot size is 0.3412 acres. This fourplex is located in the rapidly growing city of Edinburg.

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
3,640 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$488.5K
$427.4K – $569.9K (±1% cap)
NOI $34,195 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$436.6K
$382.0K – $509.3K (±1% cap)
NOI $30,559 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$944.5K
$826.4K – $1.10M (±1% cap)
NOI $66,114 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Building Supply Hair Salon Restaurant Spa & Massage Center Electrical Service HVAC Service Grocery & Convenience Store

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

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex near UTRGV with strong rental history.
Where is this quadplex located?
The property is located at 2013 N El Mundo Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: Prime Edinburg location near UTRGV, retail, and restaurants.; Four 2‑bedroom, 2‑bath units, each with a carport.; Well‑maintained, all‑brick fourplex.
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More about this property
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