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Turnkey Fourplex with In-Unit Laundry
For Sale
$425,000
Pending

3801 Tinsley Avenue, Edinburg, TX 78539

MULTI_FAMILY - Edinburg, TX

Property Size3,456 SF
Lot Size0.20 Acres
Days on Market49

Property Features for 3801 Tinsley Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 8
Parking features Garage
Patio and Porch features Patio
Fencing Privacy
Appliances Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Mon Mack Landing
Elementary school Trevino
Middle school South Middle School
High school Vela H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions Traveling north on McColl turn left on Sprague. Then turn right on Mon Mack rd. and the subdivision will be to your left.
Standard status Pending
APN M566501000010700
Size 3,456 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10727
HOA Fee $500 Annually

Utilities

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

Building Details

Year built 2019
Floors in Building 1
Number of units 4
Building materials Stone, Stucco
Listing Agency: Key Realty
Listed By: Stephanie Ramirez
Added: Jun 15 Changed: Jul 26 Last Checked: Aug 2 at 12:06AM
MLS# 507358

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 turnkey fourplex includes two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each unit features modern interior finishes such as quartz countertops, tile flooring, frameless glass showers, and in-unit washer/dryer connections. The property is offered with one unit available for owner occupancy or immediate lease-up.

The building is located at 3801 Tinsley Avenue in Edinburg, Texas, within the Gated Mon Mack Landing community. The surrounding area includes access to UTRGV, hospitals, schools, shopping, and dining.

Designed for investors seeking multi-unit rental income, this property keeps day-to-day utility expenses controlled by tenant-paid utilities. The unit mix supports flexible occupancy strategies, whether the available unit is used for owner occupancy first or brought to market for lease-up. For buyers and operators evaluating residential income property in the Edinburg area, the in-unit laundry and updated finishes provide practical, tenant-friendly features across the full four-unit configuration.

Key Highlights

  • 2019‑built fourplex with two 2/2 units and two 1/1 units
  • One unit available for owner occupancy or immediate lease‑up
  • Tenants pay utilities, helping keep operating expenses lower

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 (±1% cap)
NOI $32,467 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$414.5K
$362.7K – $483.6K (±1% cap)
NOI $29,014 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$896.7K
$784.7K – $1.05M (±1% cap)
NOI $62,772 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

150
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 - Four self-contained units with modern finishes, including in-unit washer/dryer connections and tenant-paid utilities.
Where is this quadplex located?
The property is located at 3801 Tinsley Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2019‑built fourplex with two 2/2 units and two 1/1 units; One unit available for owner occupancy or immediate lease‑up; Tenants pay utilities, helping keep operating expenses lower
More about this property
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