Edinburg Fourplex: Investment
3401 S Colt Lane Edinburg, TX 78539
3401 S Colt Lane, Edinburg, TX, 78539
$545,000
For Sale
$545,000
MULTI_FAMILY - Edinburg, TX
Property Size4,320 SF
Lot Size0.23 Acres
Price / SF$126.16
Days on Market89
Property Features for 3401 S Colt Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- Mature Trees, Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Microwave, Refrigerator, Stove/Range
- Standard status
- Active
- APN
- N115000000001700
- Size
- 4,320 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12742
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone, Stucco
- Roof type
- Composition
Listing Agency
eXp Realty LLC
(888) 519-7431
9600 Great Hills Trail #150w, Austin, TX
Listed by
Mario E. Baez · License #616428
(956) 827-0170
Added: Apr 21 Checked: Jul 18 at 6:06 pm
MLS# 502223
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 in Edinburg, TX, presents a great investment opportunity. The property includes two units with 2 bedrooms and 2 bathrooms each, and two units with 3 bedrooms and 2 bathrooms each. The units feature an open concept design with living room space, quartz countertops in the kitchen, ceramic tile floors, and modern fixtures. The bedrooms are spacious. Carport spaces are available, and the property is privately fenced with landscaping. The property is located near UTRGV, shopping centers, restaurants, and a hospital. The lot size is 0.2342 acres, and the property size is 4,320 square feet.
Key Highlights
- Income‑generating fourplex: Ideal
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 | $59.6k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $58.0k | $13.42 |
| − OpEx | −$17.4k | −$4.03 |
| NOI | $40.6k | $9.39 |
4,320 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$579.8K
$507.3K – $676.4K
NOI $40,584 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$518.1K
$453.4K – $604.5K
NOI $36,268 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$1.12M
$980.8K – $1.31M
NOI $78,465 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fourplex in Edinburg, TX with income-generating potential.
Where is this quadplex located?
The property is located at 3401 S Colt Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Income‑generating fourplex: Ideal
