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Edinburg Income-Producing Fourplex For Sale

2206 Kimberly Lane Edinburg, TX 78539

2206 Kimberly Lane, Edinburg, TX, 78539
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Fully leased fourplex near UTRGV, a solid investment opportunity.

Property Size3,640 SF
Price / SF$102.47
AddedMay 12
Days on Market66
Last RefreshJul 16 at 7:38 am

Property Features for 2206 Kimberly Lane

General Information

Standard status
Active
Size
3,640 SF
Property subtype
Multifamily

Building Details

Year Built
1999

Listing office Keller Williams Realty RGV

Listing date May 12, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty RGV


Investment Insights

Based on property information with market context.

Located in Edinburg, this 3,640 sq ft income-producing property is fully leased. This well-maintained fourplex is in close proximity to UTRGV and the Hidalgo County Courthouse. Conveniently located near dining, shopping, and entertainment, it is a solid addition to any investment portfolio.

Key Highlights

  • Fully leased, income‑producing 4plex.
  • Located in Edinburg, TX.
  • 3,640 sq ft property.

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 $50.2k $13.80
− Vacancy −$1.4k −$0.38
EGI $48.9k $13.42
− OpEx −$14.7k −$4.03
NOI $34.2k $9.39
3,640 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$488.5K
$427.4K – $569.9K (±1% cap)
NOI $34,195 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$436.6K
$382.0K – $509.3K (±1% cap)
NOI $30,559 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$944.5K
$826.4K – $1.10M (±1% cap)
NOI $66,114 @ 7.0% cap · market cap 17.72%
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

Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop Tanning Salon

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

FAQs

What type of property is this?
Quadplex - Fully leased fourplex near UTRGV, a solid investment opportunity.
Where is this quadplex located?
The property is located at 2206 Kimberly Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $373,000.
What are key features of this property?
This property features: Fully leased, income‑producing 4plex.; Located in Edinburg, TX.; 3,640 sq ft property.
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