2019 Quadplex With Two
For Sale
$500,000
2712 Primrose Avenue, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size4,368 SF
Lot Size0.26 Acres
Price / SF$114.47
Days on Market148
Property Features for 2712 Primrose Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
2
Patio and Porch features
Patio
Appliances
Electric Water Heater, Dryer, Oven-Single, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
Mccoll Manor
Lot features
Sidewalks
Elementary school
Zavala
Middle school
B.L. Garza
High school
Edinburg H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Going north on McColl Rd in Edinburg past 107, take a right, East, on Primrose Ave.
Standard status
Active
APN
M256000000002800
Size
4,368 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11309
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2019
Floors in Building
1
Number of units
4
Building materials
Brick, Stone
Roof type
Composition
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Gabriel Alcantar · License #750863
(956) 970-1963
Added: May 21
Changed: Oct 8
Last Checked: Oct 15 at 12:06PM
MLS# 457443
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.
Completed in 2019, this 4,368-square-foot quadplex contains two separate buildings with two units in each. The property sits on a 0.2571-acre lot and features brick-and-stone construction, composition roofing, central heating and cooling, and patio areas. The unit improvements include electric water heaters, electric ranges, ovens, refrigerators, washers, and dryers.
Located at 2712 Primrose Avenue in Edinburg, Texas, the property is within ZIP Code 78541. Water and garbage costs are currently paid by the owner under the lease agreement.
Located at 2712 Primrose Avenue in Edinburg, Texas, the property is within ZIP Code 78541. Water and garbage costs are currently paid by the owner under the lease agreement.
Key Highlights
- Four‑unit property arranged across 2 buildings with 2 units per building
- 4,368 square feet on a 0.2571‑acre lot
- Built in 2019 with brick‑and‑stone construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,035
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,700
$820.7K
Cap Rate 7%
$586,214
$586.2K
Cap Rate 9%
$455,944
$455.9K
Market Conditions
NOI Build-Up for 4,368 SF
Gross rent
$60.3K $13.80/SF
− Vacancy
−$1.7K −$0.38/SF
EGI
$58.6K $13.42/SF
− OpEx
−$17.6K −$4.03/SF
NOI
$41.0K $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%
$820,700
Cap Rate 7%
$586,214
Cap Rate 9%
$455,944
Alternative Uses
Best Use
Multifamily LT 5
$586.2K
$512.9K – $683.9K
NOI $41,035 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$523.9K
$458.4K – $611.2K
NOI $36,671 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.13M
$991.7K – $1.32M
NOI $79,337 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units are distributed between two buildings with central HVAC, patios, and brick-and-stone construction.
Where is this quadplex located?
The property is located at 2712 Primrose Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four‑unit property arranged across 2 buildings with 2 units per building; 4,368 square feet on a 0.2571‑acre lot; Built in 2019 with brick‑and‑stone construction
