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Two-Building Multifamily Property
For Sale
$500,000

3707 W Zelma Street, Edinburg, TX 78541

MULTI_FAMILY - Edinburg, TX

Property Size6,048 SF
Lot Size0.29 Acres
Price / SF$82.67
Days on Market51

Property Features for 3707 W Zelma Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 9
Parking features Other
Patio and Porch features Patio
Appliances Electric Water Heater, Electric Cooktop, Smooth Electric Cooktop, Dryer, Refrigerator, Washer
Subdivision Monmack Terrace No. 2
Lot features Alley, Sidewalks
Elementary school Flores-Zapata
Middle school B.L. Garza
High school Edinburg H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions From University Dr and Monmack Rd, Go North on Monmack Rd, pass Schunior and then turn left on Zelma Ave
Standard status Active
APN M572002000000500
Size 6,048 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11966

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2003
Floors in Building 1
Number of units 6
Building materials Brick
Roof type Shingle
Listing Agency: Encore Fine Properties
Listed By: Karena Herrera
Added: Jun 23 Last Checked: Aug 12 at 2:06AM
MLS# 507980

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 multifamily complex features two separate buildings, with three units per building for a total of six units. Each unit is a two-bedroom, two-bath layout, with tiled floors designed for straightforward maintenance. Roof improvements include composite shingles, and the property also offers large back patios. For comfort, all units have brand new Carrier air conditioning units installed.

The property is located at 3707 W Zelma Street in Edinburg, Texas, near the University of Texas, which can support a tenant mix that includes students and area professionals. Parking is provided via carports with two dedicated spaces per unit.

For buyers seeking a manageable rental setup, the consistent unit configuration across both buildings can simplify operations. The combination of durable exterior components, in-unit tiled finishes, and newly installed HVAC helps reduce near-term replacement concerns while offering tenants outdoor patio space and dedicated parking.

Key Highlights

  • 6‑unit multifamily complex at 3707 Zelma Ave, Edinburg, TX, with two buildings and three units per building
  • All units are 2 bed, 2 bath and include tiled floors
  • Built in 2003 with brick construction and shingle roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Hair Salon Kitchen & Bath Showroom

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

72
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

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?
Apartment building - Six-unit multifamily with two-bedroom, two-bath layouts, tiled interiors, carport parking, and newly installed Carrier AC units.
Where is this apartment building located?
The property is located at 3707 W Zelma Street Edinburg, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 6‑unit multifamily complex at 3707 Zelma Ave, Edinburg, TX, with two buildings and three units per building; All units are 2 bed, 2 bath and include tiled floors; Built in 2003 with brick construction and shingle roof
More about this property
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