Fully Leased Fourplex in
3605 Tinsley Avenue Edinburg, TX 78539
3605 Tinsley Avenue, Edinburg, TX, 78539
$435,000
For Sale
$435,000
MULTI_FAMILY - Edinburg, TX
Property Size3,456 SF
Lot Size0.20 Acres
Price / SF$125.87
Days on Market65
Property Features for 3605 Tinsley Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Security features
- Security System
- Patio and Porch features
- Patio
- Exterior features
- Motorized Gate, Sprinkler System
- Fencing
- Privacy, Gate
- Appliances
- Electric Water Heater, Water Heater (In Attic), Dryer, Microwave, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- M566501000011300
- Size
- 3,456 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11655
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing Agency
SANETI Realty Group
(956) 833-1850
2520a Buddy Owens Blvd, McAllen, TX
Listed by
Laura Cavazos Crounse
(956) 533-4153
Added: May 16 Checked: Jul 19 at 8:06 am
MLS# 498832
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, constructed in 2018, is located within a gated subdivision. The property is fully leased and offers immediate rental income. It features clean, modern finishes. The tenants are currently on month-to-month leases, providing flexibility for owner occupancy or rental adjustments. The property is suitable for generating income, building equity, and creating long-term wealth through property. The well-kept condition and low-maintenance appeal make it a smart addition to a portfolio. The property size is 3456 square feet and the lot size is 0.2044 acres.
Key Highlights
- Fourplex built in 2018 in a gated subdivision and currently fully leased
- All tenants on month‑to‑month leases, offering flexibility for owner occupancy or lease adjustments
- Motorized gate with privacy fencing and sprinkler system
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 | $47.7k | $13.80 |
| − Vacancy | −$1.3k | −$0.38 |
| EGI | $46.4k | $13.42 |
| − OpEx | −$13.9k | −$4.03 |
| NOI | $32.5k | $9.39 |
3,456 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$463.8K
$405.8K – $541.1K
NOI $32,467 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$414.5K
$362.7K – $483.6K
NOI $29,014 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$896.7K
$784.7K – $1.05M
NOI $62,772 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex built in 2018, fully leased and income-producing.
Where is this quadplex located?
The property is located at 3605 Tinsley Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Fourplex built in 2018 in a gated subdivision and currently fully leased; All tenants on month‑to‑month leases, offering flexibility for owner occupancy or lease adjustments; Motorized gate with privacy fencing and sprinkler system
