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Four-Unit Quadplex with Private Patios
For Sale
$430,000

2420 Moonlight Lane, Edinburg, TX 78541

Residential Income, Edinburg, TX

Property Size3,920 SF
Lot Size0.27 Acres
Price / SF$109.69
Days on Market51

Property Features for 2420 Moonlight Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 8
Parking features Garage
Patio and Porch features Patio
Appliances Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Golden Crest Apartment Community
Lot features Corner Lot, Sidewalks
Elementary school De La Vina
Middle school Garza
High school Edinburg North H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions OFF OF 107 AND JACKSON HEAD NORTH ON JACKSON ROAD. APPROXIMATELY 1 MILE NORTH TAKE A LEFT ON MOONLIGHT LN. THE PROPERTY WILL BE ON THE LEFT HAND SIDE.
Standard status Active
APN G488002000004300
Size 3,920 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10366

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

private patios
tiled throughout
kitchen appliances
washer and dryers
assigned parking
additional parking
landscaping

Building Details

Year built 2014
Floors in Building 1
Number of units 4
Building materials Brick
Roof type Shingle
Listing Agency: RE/MAX elite · RE/MAX International
Listed By: Jennifer Han
Added: Sep 8 Changed: Oct 26 Last Checked: Oct 28 at 8:06PM
MLS# 514728

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.

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Investment Insights

Based on property information with market context.

Built in 2014, this brick quadplex contains four residences totaling 3,920 square feet on a 0.2704-acre lot. Each apartment offers two bedrooms, two bathrooms, a private patio, and tile flooring throughout. Kitchen appliances, washers, and dryers are included with the property. Central electric heating and air conditioning serve the units, and garage parking is listed among the property features.

The property is in Edinburg, within walking distance of the Chapin hike and bike trail, Region 1, UTRGV, shopping centers, and restaurants along 107. All four residences are leased, with assigned tenant parking and additional parking noted around the property.

Key Highlights

  • Four residences, each with 2 bedrooms and 2 bathrooms
  • 3,920 square feet on a 0.2704‑acre lot
  • Each apartment has a private patio and tile flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,826
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,520 $736.5K
Cap Rate 7%
$526,086 $526.1K
Cap Rate 9%
$409,178 $409.2K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$54.1K $13.80/SF
− Vacancy
−$1.5K −$0.38/SF
EGI
$52.6K $13.42/SF
− OpEx
−$15.8K −$4.03/SF
NOI
$36.8K $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 Rate 5%
$736,520
Cap Rate 7%
$526,086
Cap Rate 9%
$409,178

Alternative Uses

Best Use
Multifamily LT 5
$526.1K
$460.3K – $613.8K (±1% cap)
NOI $36,826 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$470.1K
$411.4K – $548.5K (±1% cap)
NOI $32,909 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$1.02M
$890.0K – $1.19M (±1% cap)
NOI $71,200 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All residences are leased and include two bedrooms, two bathrooms, and in-unit laundry appliances.
Where is this quadplex located?
The property is located at 2420 Moonlight Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Four residences, each with 2 bedrooms and 2 bathrooms; 3,920 square feet on a 0.2704‑acre lot; Each apartment has a private patio and tile flooring
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