Edinburg Fourplex Near
3420 Golden Nugget Edinburg, TX 78541
3420 Golden Nugget, Edinburg, TX, 78541
$515,000
For Sale
$515,000
MULTI_FAMILY - Edinburg, TX
Property Size4,234 SF
Lot Size0.24 Acres
Price / SF$121.63
Days on Market139
Property Features for 3420 Golden Nugget
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Exterior features
- Mature Trees, Sprinkler System
- Appliances
- Electric Water Heater, Water Heater (Laundry Room), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- M574500003003000
- Size
- 4,234 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12199
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2020
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing Agency
Realty One Group Right Choice
(956) 587-9237
2508 Buddy Owens Blvd, McAllen, TX
Listed by
Vikki R. Wright
(956) 587-9237
Added: Mar 2 Checked: Jul 19 at 12:06 am
MLS# 463335
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 meticulously maintained fourplex presents an exceptional investment opportunity. Located in Edinburg, Texas, the property is situated just minutes from the University of Texas Rio Grande Valley (UTRGV) and offers convenient access to the expressway. The property features a strong rental history with current tenants. The complex contains two units with two bedrooms and two bathrooms, and two units with three bedrooms and two bathrooms. Each unit includes modern luxury kitchens equipped with stainless steel appliances, as well as in-unit washer and dryers. The three-bedroom units feature large backyards. The property includes covered parking and is located within a gated community. The fourplex offers an attractive living environment and represents a solid investment in a growing area. Its location near UTRGV and easy access to major roadways positions the property for continued demand. The lot size is 0.2358 acres, and the property size is 4234 square feet.
Key Highlights
- Prime Location: Minutes from UTRGV and close to the expressway, ensuring high tenant demand.
- Strong Rental History: Currently tenanted, providing immediate income for investors.
- Modern Units: Each unit features modern kitchens with stainless steel appliances and in‑unit washer and dryers.
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 | $58.4k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $56.8k | $13.42 |
| − OpEx | −$17.0k | −$4.03 |
| NOI | $39.8k | $9.39 |
4,234 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$568.2K
$497.2K – $662.9K
NOI $39,776 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$507.8K
$444.3K – $592.4K
NOI $35,546 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.10M
$961.3K – $1.28M
NOI $76,903 @ 7.0% cap · market cap 14.93%
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 - Meticulously maintained fourplex near UTRGV with strong rental history.
Where is this quadplex located?
The property is located at 3420 Golden Nugget Edinburg, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Prime Location: Minutes from UTRGV and close to the expressway, ensuring high tenant demand.; Strong Rental History: Currently tenanted, providing immediate income for investors.; Modern Units: Each unit features modern kitchens with stainless steel appliances and in‑unit washer and dryers.
