3417 N Kenyon Road Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
- Added:
- Jul 7, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 14 at 12:06 pm
Property Features for 3417 N Kenyon Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Other, Carport, Garage
- Patio and Porch features
- Patio
- Exterior features
- Mature Trees
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Water Heater (Other Location), Refrigerator, Stove/Range-Electric Smooth
- Standard status
- Active
- APN
- M59000000R004801
- Size
- 2,450 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 6634
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Dendea L. Balli License #598310 (956) 342-3700
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Jul 7, 2026
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.
The property is located in Edinburg, Texas, next to Monte Cristo Golf and Country Club and just minutes from Expressway 281. The site is described as calm and relaxing, with mature shade trees and an enclosed outdoor area that helps define tenant space.
For investors or owner-operators seeking a small income-producing multifamily asset, the unit mix is consistent across the property, and all three units are currently leased. Recent capital improvements include a roof replacement in 2022, along with two new air-conditioning units, both inside and outside. The combination of leased occupancy, straightforward 1-bedroom layouts, and maintenance updates may help simplify day-to-day operations for the next owner.
Key Highlights
- Triplex with three leased units; each unit offers 1 bed, 1 bath with an open kitchen and tile flooring throughout
- Each unit includes a refrigerator, electric stove/range, and a dedicated laundry room
- Roof replaced in 2022; brick construction with shingle roof
Local Financial Insights For Apartment 5plus
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 | $38.5k | $15.72 |
| − Vacancy | −$1.1k | −$0.46 |
| EGI | $37.4k | $15.26 |
| − OpEx | −$16.8k | −$6.87 |
| NOI | $20.6k | $8.40 |
