Fully Leased
For Sale
$149,900
4813 Haven Ln, Edinburg, TX 78542
Three occupied units on a spacious county-area parcel with access to schools, shopping, and major roadways.
Property Size1,254 SF
Lot Size0.50 Acres
Price / SF$119.54
Days on Market50
Property Features for 4813 Haven Ln
General Information
Standard status
Active
Size
1,254 SF
Lot size
0.50 Acres
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Year Built
2007
Listing Agency:
BIG Realty
Listed By:
Irma Ramirez
(956) 821-6417
Source:
Aregtx
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 7 at 12:56PM
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 BIG Realty
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Investment Insights
Based on property information with market context.
Built in 2007, this triplex contains three currently occupied units and is fully leased. The property sits on approximately 0.50 acres in the county area of Edinburg, outside city limits and without city restrictions. Its three-unit configuration and existing occupancy provide an established income-producing setup for an investor seeking an operating multifamily asset.
The property is positioned for convenient access to schools, shopping, and major roadways. The sizable parcel adds flexibility to the overall site, while the county location distinguishes it from properties subject to city restrictions.
The property is positioned for convenient access to schools, shopping, and major roadways. The sizable parcel adds flexibility to the overall site, while the county location distinguishes it from properties subject to city restrictions.
Key Highlights
- Fully leased triplex with all three units currently occupied
- Approximately 0.50 acres in the county area of Edinburg
- Outside city limits with no city restrictions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,781
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,620
$235.6K
Cap Rate 7%
$168,300
$168.3K
Cap Rate 9%
$130,900
$130.9K
Market Conditions
NOI Build-Up for 1,254 SF
Gross rent
$17.3K $13.80/SF
− Vacancy
−$476 −$0.38/SF
EGI
$16.8K $13.42/SF
− OpEx
−$5.0K −$4.03/SF
NOI
$11.8K $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%
$235,620
Cap Rate 7%
$168,300
Cap Rate 9%
$130,900
Alternative Uses
Best Use
Multifamily LT 5
$168.3K
$147.3K – $196.4K
NOI $11,781 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$150.4K
$131.6K – $175.5K
NOI $10,528 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$325.4K
$284.7K – $379.6K
NOI $22,777 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
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Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied units on a spacious county-area parcel with access to schools, shopping, and major roadways.
Where is this triplex located?
The property is located at 4813 Haven Ln Edinburg, TX.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Fully leased triplex with all three units currently occupied; Approximately 0.50 acres in the county area of Edinburg; Outside city limits with no city restrictions
