2018 Gated
For Sale
$450,000
3605 Tinsley Avenue, Edinburg, TX 78539
Residential Income, Edinburg, TX
Property Size3,456 SF
Lot Size0.20 Acres
Price / SF$130.21
Days on Market129
Property Features for 3605 Tinsley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
None
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
Subdivision
Monmack Landing
Lot features
Curb & Gutters, Sidewalks, Sprinkler System
Elementary school
Trevino
Middle school
Longoria
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From University Drive and Mon Mack, go South on Mon Mack to Tinsley Ave. Turn Right (west) on Tinsley. Building is on the right once you enter the complex.
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
HOA Fee
$500 Annually
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
Listed By:
Laura Cavazos Crounse
(956) 533-4153
Added: Jun 9
Changed: Oct 2
Last Checked: Oct 15 at 1:06AM
MLS# 498832
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.
Built in 2018, this 3,456-square-foot fourplex offers four residential units within a gated subdivision. Three units are occupied, while the remaining unit is vacant, allowing the next owner to choose between personal use and leasing the space. The property features stucco construction, central electric heating and cooling, composition roofing, patios, and a privacy fence with a motorized gate.
Located at 3605 Tinsley Avenue in Edinburg, the property sits on a 0.2044-acre lot with public water service. Included appliances are refrigerators, stoves/ranges, microwaves, washers, dryers, and electric water heaters. A sprinkler system is also present, and the units are supported by established rental occupancy.
Located at 3605 Tinsley Avenue in Edinburg, the property sits on a 0.2044-acre lot with public water service. Included appliances are refrigerators, stoves/ranges, microwaves, washers, dryers, and electric water heaters. A sprinkler system is also present, and the units are supported by established rental occupancy.
Key Highlights
- Fourplex built in 2018
- 3,456 square feet on a 0.2044‑acre lot
- Three units occupied; one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,467
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,340
$649.3K
Cap Rate 7%
$463,814
$463.8K
Cap Rate 9%
$360,744
$360.7K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$47.7K $13.80/SF
− Vacancy
−$1.3K −$0.38/SF
EGI
$46.4K $13.42/SF
− OpEx
−$13.9K −$4.03/SF
NOI
$32.5K $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%
$649,340
Cap Rate 7%
$463,814
Cap Rate 9%
$360,744
Alternative Uses
Best Use
Multifamily LT 5
$463.8K
$405.8K – $541.1K
NOI $32,467 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$414.5K
$362.7K – $483.6K
NOI $29,014 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$896.7K
$784.7K – $1.05M
NOI $62,772 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained multifamily property with three occupied units and one available for an owner-occupant or new tenant.
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 $450,000.
What are key features of this property?
This property features: Fourplex built in 2018; 3,456 square feet on a 0.2044‑acre lot; Three units occupied; one unit vacant
