424 W Chavez Street Edinburg, TX 78541
Edinburg fourplex built in 2021, near UTRGV.
Property Features for 424 W Chavez Street
General Information
- Standard status
- Active
- Size
- 2,688 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2021
Listing office Trademark Real Estate Group
Listing date Feb 12, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Trademark Real Estate Group
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Location: Minutes from UTRGV, ideal for student tenants.
- Modern Construction: Built in 2021, ensuring contemporary features and minimal maintenance.
- Turnkey Ready: Includes all appliances and central HVAC system.
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 | $37.1k | $13.80 |
| − Vacancy | −$1.0k | −$0.38 |
| EGI | $36.1k | $13.42 |
| − OpEx | −$10.8k | −$4.03 |
| NOI | $25.3k | $9.39 |
