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    Modern Edinburg Fourplex Investment Property

    415 Carlisle Avenue Edinburg, TX 78539

    415 Carlisle Avenue, Edinburg, TX, 78539
    $499,000
    For Sale
    Claim this Listing
    $499,000

    MULTI_FAMILY - Edinburg, TX

    Property Size4,020 SF
    Lot Size0.23 Acres
    Price / SF$124.13
    AddedJan 5
    Days on Market192
    Last RefreshJul 16 at 12:06 pm

    Property Features for 415 Carlisle Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    8
    Parking features
    Garage
    Patio and Porch features
    Patio
    Exterior features
    Mature Trees
    Appliances
    Electric Water Heater, Electric Cooktop, Dryer, Refrigerator, Washer
    Standard status
    Active
    APN
    M566501000003700
    Size
    4,020 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    8802

    Utilities

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

    Building Details

    Year built
    2018
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Roof type
    Shingle

    Listing agent Miguel Gutierrez

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date Jan 5, 2026

    MLS# 480471 Listing URL

    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.

    Located in the Mon Mack Landing community of Edinburg, Texas, this modern fourplex at 415 Carlisle Ave offers a turnkey investment opportunity. Constructed in 2018, the property features over 4,000 square feet of living space situated on a 10,080 square foot lot (0.2314 acres). Each of the four units includes tile flooring throughout, granite countertops, stainless steel appliances, and a spacious kitchen island. The main bedrooms are equipped with walk-in closets. Carport parking is available, and the property is located within a gated community, providing secure access for tenants. This well-maintained property offers both style and convenience in a prime location.

    Key Highlights

    • Turnkey 4‑plex investment property in a prime Edinburg location.
    • Located in the secure, gated Mon Mack Landing community.
    • Each unit features modern amenities: granite countertops, stainless steel appliances, and tile flooring.

    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 $55.5k $13.80
    − Vacancy −$1.5k −$0.38
    EGI $54.0k $13.42
    − OpEx −$16.2k −$4.03
    NOI $37.8k $9.39
    4,020 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $539.5K
    $472.1K – $629.4K (±1% cap)
    NOI $37,765 @ 7.0% cap · market cap 7.57%
    Second Best
    Apartment 5plus
    $482.1K
    $421.9K – $562.5K (±1% cap)
    NOI $33,749 @ 7.0% cap · market cap 6.76%
    Theoretical Best
    Office A
    $1.04M
    $912.7K – $1.22M (±1% cap)
    NOI $73,016 @ 7.0% cap · market cap 14.63%
    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 - Well-maintained fourplex with modern amenities in a gated community.
    Where is this quadplex located?
    The property is located at 415 Carlisle Avenue Edinburg, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Turnkey 4‑plex investment property in a prime Edinburg location.; Located in the secure, gated Mon Mack Landing community.; Each unit features modern amenities: granite countertops, stainless steel appliances, and tile flooring.
    Contact an agent
    (956) 844-1600
    We can help!
    Contact an agent
    Miguel Gutierrez
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