Brick Quadplex Near
For Sale
$364,900
418 Lotto Lane, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size3,296 SF
Lot Size0.21 Acres
Price / SF$110.71
Days on Market52
Property Features for 418 Lotto Lane
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
None
Appliances
Electric Water Heater
Subdivision
Torres Del Sol
Lot features
Sidewalks
Elementary school
Austin
Middle school
Harwell
High school
Edinburg North H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From University Dr/Hwy 107 head north on Closner Blvd/Business 281, turn left onto Chavez St, turn right onto Lotto Ln. Drive along Lotto Ln and property will be on your right hand side.
Standard status
Active
APN
T607501000001800
Size
3,296 SF
Lot size
0.21 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10167
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2014
Floors in Building
1
Number of units
4
Building materials
Brick, Stone
Roof type
Shingle
Listing Agency:
RE/MAX Platinum · RE/MAX International
(956) 668-8555
Listed By:
Ana (Anita) Maria Moon · License #620564
(956) 330-5287
Added: Sep 9
Changed: Oct 28
Last Checked: Oct 30 at 3:06PM
MLS# 514338
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.
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Investment Insights
Based on property information with market context.
Built in 2014, this quadplex contains 3,296 square feet on a 0.2122-acre lot in Edinburg. The property is fully rented and configured as a residential income asset, with brick and stone exterior materials, shingle roofing, central heating, and central air conditioning. Electric water heating and public water service are also in place.
The property is located near The University of Texas Rio Grande Valley, restaurants, shopping centers, and the Hidalgo County Courthouse. It is situated at 418 Lotto Lane in the 78541 postal area. No parking is identified in the property information.
The property is located near The University of Texas Rio Grande Valley, restaurants, shopping centers, and the Hidalgo County Courthouse. It is situated at 418 Lotto Lane in the 78541 postal area. No parking is identified in the property information.
Key Highlights
- Quadplex with 3,296 square feet of building area
- Built in 2014 on a 0.2122‑acre lot
- Fully rented residential income property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,964
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,280
$619.3K
Cap Rate 7%
$442,343
$442.3K
Cap Rate 9%
$344,044
$344.0K
Market Conditions
NOI Build-Up for 3,296 SF
Gross rent
$45.5K $13.80/SF
− Vacancy
−$1.3K −$0.38/SF
EGI
$44.2K $13.42/SF
− OpEx
−$13.3K −$4.03/SF
NOI
$31.0K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,280
Cap Rate 7%
$442,343
Cap Rate 9%
$344,044
Alternative Uses
Best Use
Multifamily LT 5
$442.3K
$387.1K – $516.1K
NOI $30,964 @ 7.0% cap · market cap 8.49%
Second Best
Apartment 5plus
$395.3K
$345.9K – $461.2K
NOI $27,671 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$855.2K
$748.3K – $997.8K
NOI $59,866 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit property with central HVAC, brick and stone construction, and public water service.
Where is this quadplex located?
The property is located at 418 Lotto Lane Edinburg, TX.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Quadplex with 3,296 square feet of building area; Built in 2014 on a 0.2122‑acre lot; Fully rented residential income property
