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Edinburg Fourplex Built in 2022

3303 Aurora Lane Edinburg, TX 78542

3303 Aurora Lane, Edinburg, TX, 78542
$508,000
For Sale
Claim this Listing
$508,000

MULTI_FAMILY - Edinburg, TX

Property Size4,256 SF
Lot Size0.32 Acres
Price / SF$119.36
AddedApr 16
Days on Market92
Last RefreshJul 16 at 10:06 am

Property Features for 3303 Aurora Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Standard status
Active
APN
T823800000000700
Size
4,256 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11346

Utilities

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

Building Details

Year built
2021
Floors in Building
1
Number of units
4
Building materials
Brick, Stone
Roof type
Shingle

Listing agent Jessica Marroquin

Listing office Tierra Frontera LLC 833 E Esperanza Ave Suite 113, McAllen, TX

Listing date Apr 16, 2026

MLS# 494328 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 fourplex, constructed in 2022, is located on a corner lot within the Tulipan Villas subdivision in Edinburg, Texas. The multi-unit property presents an opportunity for investment or multi-generational living. It comprises four units, featuring a mix of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. Each unit has a private entrance and a dedicated covered carport. The exterior of the building is constructed with brick and stone accents. The property is located near schools, shopping, dining, and major roadways, providing access throughout Edinburg and the Rio Grande Valley. The property is situated on a 0.3242-acre lot. The total building size is 4256 square feet. The property is suitable for investors or owner-occupants seeking long-term value.

Key Highlights

  • Fourplex built in 2021/2022 offering immediate rental income.
  • Located in the desirable Tulipan Villas subdivision on a corner lot.
  • Features a mix of two 3‑bedroom/2‑bath and two 2‑bedroom/2‑bath units.

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 $58.7k $13.80
− Vacancy −$1.6k −$0.38
EGI $57.1k $13.42
− OpEx −$17.1k −$4.03
NOI $40.0k $9.39
4,256 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$571.2K
$499.8K – $666.4K (±1% cap)
NOI $39,982 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$510.4K
$446.6K – $595.5K (±1% cap)
NOI $35,730 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$1.10M
$966.3K – $1.29M (±1% cap)
NOI $77,303 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four-unit property built in 2022 in Edinburg, Texas.
Where is this quadplex located?
The property is located at 3303 Aurora Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $508,000.
What are key features of this property?
This property features: Fourplex built in 2021/2022 offering immediate rental income.; Located in the desirable Tulipan Villas subdivision on a corner lot.; Features a mix of two 3‑bedroom/2‑bath and two 2‑bedroom/2‑bath units.
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