New Fourplex With Mixed Unit
For Sale
$535,000
Pending
3100 Links Drive, Edinburg, TX 78542
Residential Income, Edinburg, TX
Property Size4,100 SF
Lot Size0.34 Acres
Days on Market551
Property Features for 3100 Links Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Other
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
Oak
Elementary school
Cano-Gonzales
Middle school
Barrientes
High school
Edinburg H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Going East on Canton, past Raul Longoria, take a right on LINKS DR
Standard status
Pending
APN
V384300000001800
Size
4,100 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
Encore Fine Properties
Listed By:
Ravi Murjani
(956) 821-6170
Added: Mar 18, 2025
Changed: Sep 12
Last Checked: Sep 19 at 9:06AM
MLS# 447527
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 2024 fourplex contains 4,100 square feet on a 0.3447-acre lot and offers a mix of two-bedroom, two-bath and three-bedroom, two-bath residences. Stucco construction, a composition roof, electric central heating, and central air conditioning serve the property. Public water is available, and the unit appliance package includes electric water heaters, washers, dryers, microwaves, refrigerators, and electric smooth-top ranges.
The property is located at 3100 Links Drive in Edinburg, Texas, across from the Los Lagos community. Its residential layout and multiple floor-plan configurations provide a clearly defined multifamily format, with completion identified for the fourth quarter of the year.
The property is located at 3100 Links Drive in Edinburg, Texas, across from the Los Lagos community. Its residential layout and multiple floor-plan configurations provide a clearly defined multifamily format, with completion identified for the fourth quarter of the year.
Key Highlights
- 2024 construction with 4,100 square feet of property size
- 0.3447‑acre lot at 3100 Links Drive, Edinburg, TX 78542
- Mix of 3 bed 2 bath and 2 bed 2 bath units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,517
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$770,340
$770.3K
Cap Rate 7%
$550,243
$550.2K
Cap Rate 9%
$427,967
$428.0K
Market Conditions
NOI Build-Up for 4,100 SF
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.
Gross rent
$56.6K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$55.0K $13.42/SF
− OpEx
−$16.5K −$4.03/SF
NOI
$38.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$770,340
Cap Rate 7%
$550,243
Cap Rate 9%
$427,967
Alternative Uses
Best Use
Multifamily LT 5
$550.2K
$481.5K – $642.0K
NOI $38,517 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$491.7K
$430.3K – $573.7K
NOI $34,421 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$1.06M
$930.9K – $1.24M
NOI $74,469 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Newly built residential income property with two- and three-bedroom floor plans and central heating and cooling.
Where is this quadplex located?
The property is located at 3100 Links Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 2024 construction with 4,100 square feet of property size; 0.3447‑acre lot at 3100 Links Drive, Edinburg, TX 78542; Mix of 3 bed 2 bath and 2 bed 2 bath units
