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Gated Four-Unit Quadplex
For Sale
$490,000

3420 Golden Nugget, Edinburg, TX 78541

Residential Income, Edinburg, TX

Property Size4,234 SF
Lot Size0.24 Acres
Price / SF$115.73
Days on Market49

Property Features for 3420 Golden Nugget

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 2
Exterior features Mature Trees, Sprinkler System
Appliances Electric Water Heater, Water Heater (Laundry Room), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Montecito Ph 1
Lot features Mature Trees, Sprinkler System
Elementary school Truman
Middle school B.L. Garza
High school Edinburg North H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions Right on Montecristo south side of the road, betwen Sugar and Jackson.
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
HOA Fee $625 Annually

Utilities

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

Amenities

stainless steel appliances
in-unit washer and dryer
covered parking
gated community
large backyards

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
Listed By: Vikki R. Wright
Added: Aug 27 Changed: Sep 16 Last Checked: Oct 14 at 6:06PM
MLS# 513488

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.

Completed in 2020, this four-unit quadplex contains 4,234 square feet on a 0.2358-acre parcel. The unit mix includes two two-bedroom, two-bath residences and two three-bedroom, two-bath residences. Interior features include modern kitchens with stainless steel appliances, in-unit washers and dryers, central air conditioning, and electric heating. The three-bedroom units also include large backyards.

The property is situated in a gated community near the University of Texas Rio Grande Valley and the expressway. Covered parking, mature trees, and an irrigation system are included. Public water service, stucco construction, and a composition roof complete the property profile.

Key Highlights

  • Four‑unit quadplex totaling 4,234 square feet
  • 0.2358‑acre parcel with a 2020 construction date
  • Unit mix includes two 2‑bedroom/2‑bath and two 3‑bedroom/2‑bath residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,776
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,520 $795.5K
Cap Rate 7%
$568,229 $568.2K
Cap Rate 9%
$441,956 $442.0K
Market Conditions
NOI Build-Up for 4,234 SF
Gross rent
$58.4K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$56.8K $13.42/SF
− OpEx
−$17.0K −$4.03/SF
NOI
$39.8K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,520
Cap Rate 7%
$568,229
Cap Rate 9%
$441,956

Alternative Uses

Best Use
Multifamily LT 5
$568.2K
$497.2K – $662.9K (±1% cap)
NOI $39,776 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$507.8K
$444.3K – $592.4K (±1% cap)
NOI $35,546 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$1.10M
$961.3K – $1.28M (±1% cap)
NOI $76,903 @ 7.0% cap · market cap 15.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Recently built income property with varied floor plans, private outdoor space, and covered parking.
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 $490,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 4,234 square feet; 0.2358‑acre parcel with a 2020 construction date; Unit mix includes two 2‑bedroom/2‑bath and two 3‑bedroom/2‑bath residences
More about this property
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