Income-Producing Fourplex in Edinburg,
3613 Whitewing Avenue Edinburg, TX 78539
3613 Whitewing Avenue, Edinburg, TX, 78539
$475,000
For Sale
$475,000
MULTI_FAMILY - Edinburg, TX
Property Size4,200 SF
Lot Size0.26 Acres
Price / SF$113.10
Days on Market121
Property Features for 3613 Whitewing Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Other, Garage
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- S544300000011600
- Size
- 4,200 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10397
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing agency
Key Realty
(956) 627-7552
Listed by
Preshina Samtani
(956) 460-7763
Added: Mar 25 Updated: Jun 10 at 9:48AM Checked: Jul 23 at 5:06AM
MLS# 498394
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 fully leased, income-producing fourplex presents a great investment opportunity. The property features a diverse unit mix, including one 1-bedroom/1-bath unit, one 2-bedroom/2-bath unit, and two spacious 3-bedroom/2-bath units. Each unit is equipped with essential appliances, including a stove, refrigerator, microwave, washer, and dryer, for tenant convenience. All units feature private patios, with the 3-bedroom units boasting expansive L-shaped patios, perfect for outdoor living. The property is located in Edinburg, TX, and is situated on a lot of 0.2585 acres. The building has a total area of 4200 square feet. This turnkey property is ideal for investors looking to expand their portfolio with immediate rental income.
Key Highlights
- Fully leased 4‑plex with a unit mix of 1x 1BR/1BA, 1x 2BR/2BA, and 2x 3BR/2BA units
- All units come with appliances including stove/range, refrigerator, microwave, washer, and dryer
- Private patio for every unit, including larger L‑shaped patios for the 3‑bedroom units
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 | $58.0k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $56.4k | $13.42 |
| − OpEx | −$16.9k | −$4.03 |
| NOI | $39.5k | $9.39 |
4,200 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$563.7K
$493.2K – $657.6K
NOI $39,456 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$503.7K
$440.8K – $587.7K
NOI $35,260 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$1.09M
$953.6K – $1.27M
NOI $76,285 @ 7.0% cap · market cap 16.06%
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 - Fully leased fourplex with diverse unit mix and private patios.
Where is this quadplex located?
The property is located at 3613 Whitewing Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully leased 4‑plex with a unit mix of 1x 1BR/1BA, 1x 2BR/2BA, and 2x 3BR/2BA units; All units come with appliances including stove/range, refrigerator, microwave, washer, and dryer; Private patio for every unit, including larger L‑shaped patios for the 3‑bedroom units