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Fourplex With All Units Leased
For Sale
$460,000

3616 Hawthorne Avenue, Edinburg, TX 78539

MULTI_FAMILY - Edinburg, TX

Property Size3,360 SF
Lot Size0.24 Acres
Price / SF$136.90
Days on Market66

Property Features for 3616 Hawthorne Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Parking features Garage
Patio and Porch features Patio
Fencing Privacy
Appliances Electric Water Heater, Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Sprague Village
Lot features Corner Lot, Curb & Gutters, Professional Landscaping, Sidewalks
Elementary school Trevino
Middle school Elias Longoria
High school Vela H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions From U.S Highway 281, exit on University Drive (FM 107) and head east. Turn north onto Sugar Road, then turn east into Sprague Village subdivision. Continue to Hawthorne Avenue, property will be on site.
Standard status Active
APN S544300000018800
Size 3,360 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8060
HOA Fee $725 Annually

Utilities

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

Building Details

Year built 2020
Floors in Building 1
Number of units 4
Building materials Brick, Stucco
Roof type Shingle
Listing Agency: BIG Realty
Listed By: Amy Arias
Added: May 31 Changed: Aug 3 Last Checked: Aug 4 at 1:06PM
MLS# 498316

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 well-maintained fourplex includes 4 units configured as two separate buildings. Building 1 has two one-bedroom, one-bath units, and Building 2 has two two-bedroom, two-bath units. Across all units, there are 6 bedrooms and 6 bathrooms total, with all four units currently leased.

The property sits on a 0.2445-acre lot at 3616 Hawthorne Avenue in Edinburg, TX 78539, within Edinburg CISD. Construction materials include brick and stucco, with a shingle roof. The home has central electric heating and central air conditioning, plus an electric water heater and water heater located in other areas. Parking includes a garage, and the outdoor space features a patio with privacy fencing.

Additional in-unit amenities noted include an electric smooth stove/range, refrigerator, microwave, washer, and dryer. Water service is provided by the public system.

Key Highlights

  • All four units are currently leased
  • Two buildings: two 1 bed/1 bath units and two 2 bed/2 bath units
  • Total 6 bedrooms and 6 bathrooms across the property

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 $46.4k $13.80
− Vacancy −$1.3k −$0.38
EGI $45.1k $13.42
− OpEx −$13.5k −$4.03
NOI $31.6k $9.39
3,360 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$450.9K
$394.6K – $526.1K (±1% cap)
NOI $31,565 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$403.0K
$352.6K – $470.1K (±1% cap)
NOI $28,208 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$871.8K
$762.9K – $1.02M (±1% cap)
NOI $61,028 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Well-maintained fourplex built in 2020 with all four units currently leased and total 6 beds and 6 baths.
Where is this quadplex located?
The property is located at 3616 Hawthorne Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: All four units are currently leased; Two buildings: two 1 bed/1 bath units and two 2 bed/2 bath units; Total 6 bedrooms and 6 bathrooms across the property
More about this property
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