Triplex with Covered, Fenced
For Sale
$234,850
3417 N Kenyon Road, Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
Property Size2,450 SF
Lot Size0.22 Acres
Price / SF$95.86
Days on Market30
Property Features for 3417 N Kenyon Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Other
Patio and Porch features
Patio
Exterior features
Mature Trees
Fencing
Privacy
Appliances
Electric Water Heater, Water Heater (Other Location), Refrigerator, Stove/Range-Electric Smooth
Subdivision
Monte Cristo Inn & Cc
Lot features
Corner Lot, Mature Trees, Sidewalks
Elementary school
Eisenhower
Middle school
Memorial
High school
Economedes H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From N. Expressway 281 Exit on Monte Cristo Rd and head East, Right on Kenyon Rd
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
Electric (Heating), Central
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 Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Dendea L. Balli · License #598310
(956) 342-3700
Added: Jul 7
Changed: Aug 3
Last Checked: Aug 5 at 11:06AM
MLS# 484101
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 brick triplex on N Kenyon Road is configured as three units, with each unit offering one bedroom and one bathroom, an open kitchen, and a dedicated laundry room. Flooring is described as tile throughout, and each unit includes a refrigerator and stove. Residents also have access to a covered patio area that is fenced, with mature trees noted on the exterior.
The property is set on a 0.22-acre lot with a total size of 2,450 square feet. It is located next to Monte Cristo Golf and Country Club and is described as just minutes from Expressway 281. Drive-up parking is mentioned as a convenience.
All units are currently leased. Roof replacement occurred in 2022, and the remarks also note two new A/C units inside and outside. The home is served by public water and features a shingle roof, central heating and central air with electric HVAC, plus an electric water heater.
The property is set on a 0.22-acre lot with a total size of 2,450 square feet. It is located next to Monte Cristo Golf and Country Club and is described as just minutes from Expressway 281. Drive-up parking is mentioned as a convenience.
All units are currently leased. Roof replacement occurred in 2022, and the remarks also note two new A/C units inside and outside. The home is served by public water and features a shingle roof, central heating and central air with electric HVAC, plus an electric water heater.
Key Highlights
- All three units are currently leased
- Covered and privacy‑fenced patio area with mature trees
- Roof replaced in 2022
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 |
2,450 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$328.8K
$287.7K – $383.6K
NOI $23,016 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$293.8K
$257.1K – $342.8K
NOI $20,568 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$635.7K
$556.3K – $741.7K
NOI $44,500 @ 7.0% cap · market cap 18.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
79
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Brick triplex built 1985 with central electric HVAC, covered fenced patio, and three leased 1-bedroom units.
Where is this triplex located?
The property is located at 3417 N Kenyon Road Edinburg, TX.
What is the asking price?
The asking price for this property is $234,850.
What are key features of this property?
This property features: All three units are currently leased; Covered and privacy‑fenced patio area with mature trees; Roof replaced in 2022
