Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2114 Taxco Ct Edinburg, TX 78542

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2114 Taxco Ct Edinburg, TX 78542

    View on Map
    • Apartment buildings
    • 3,472 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2114 Taxco Ct

    Year built
    2018
    Property size
    3,472 SF
    Property type
    Apartment buildings
    Property subtype
    Small apartment buildings

    Description

    This exceptional four-unit apartment building presents a compelling investment opportunity in Edinburg, Texas. Built in 2018, the property boasts a total of 3,472 square feet situated on a generous 8,641.86 square foot lot. The property comprises four individual units within four separate buildings, offering potential for strong rental income. Its strategic location offers residents easy access to a variety of amenities, including nearby shopping centers, grocery stores, and entertainment venues. The convenient proximity to the expressway ensures effortless commuting. The property is beautifully landscaped, providing a tranquil and attractive living environment for tenants. The year of construction (2018) suggests a relatively newer building with potentially lower maintenance costs compared to older properties. The asking price for this multifamily investment is $470,000. This property is located at 2114 Taxco Court, Edinburg, TX 78542, in Hidalgo County. The property's combination of location, size, and relatively new construction makes it an attractive prospect for investors seeking a stable and potentially high-return investment in the thriving Edinburg market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1451
    Latitude
    26.2769

    Comparable in this City

    • Value Estimation by Request
      3,860 SF

      3308 Whetstone Ave

      Multifamily properties • 3,860 SF
      3308 Whetstone Ave, Edinburg, TX 78542
      View Details
    • Value Estimation by Request

      4813 Haven Ln

      Multifamily properties
      4813 Haven Ln, Edinburg, TX 78542
      View Details
    • Value Estimation by Request

      402 34Th St

      Multifamily properties
      402 34Th St, Edinburg, TX 78542
      View Details
    • Value Estimation by Request
      42.00 Acres

      State Highway 107

      Multifamily properties • 42.00 Acres
      0 State Highway 107, Edinburg, TX 78542
      View Details
    • Value Estimation by Request
      1.50 Acres

      7211 Tower Rd

      Multifamily properties • 1.50 Acres
      7211 Tower Rd, Edinburg, TX 78542
      View Details
    • Value Estimation by Request

      3000 Links Dr

      Multifamily properties
      3000 Links Dr, Edinburg, TX 78542
      View Details

    Similar Nearby for Sale

    • $530,000
      3,860 SF

      Edinburg Multifamily Investment

      Fourplex, Prime Location, High Demand
      3308 Whetstone Ave, Edinburg, TX 78542
      View Details
    • $525,000
      Pending

      Edinburg Fourplex Investment Opportunity

      High-end fourplex near Expressway 281 and Los Lagos Golf Course.
      2613 S Hilltop Ave, Edinburg, TX 78542
      View Details
    • $392,000
      4,020 SF

      Edinburg Fourplex Investment Opportunity

      Fully occupied Edinburg fourplex with immediate cash flow potential.
      2118 Aruba Dr, Edinburg, TX 78542
      View Details
    • $525,000
      Pending

      Edinburg Fourplex Investment Opportunity

      High-end fourplex near Expressway 281 and Los Lagos Golf Course.
      2501 S Hilltop Ave, Edinburg, TX 78542
      View Details

    Similar Nearby for Lease

    • $340 /Mo

      Orange Grove RV and Mobile

      RV and mobile home resort with modern comfort and convenience.
      5005 E State Highway 107, Edinburg, TX 78542
      View Details
    • $3,100 /Mo

      Orange Grove RV and Mobile

      RV and Mobile Home Resort in Edinburg, Texas.
      5005 E State Highway 107, Edinburg, TX 78542
      View Details
    • $500 /Mo

      RV and Mobile Home Resort

      RV and mobile home resort with orange trees and amenities.
      5005 E State Highway 107, Edinburg, TX 78542
      View Details
    • $2,400 /Mo
      961 SF

      Retail Space in Edinburg, TX

      New retail spaces in high-traffic Edinburg location for lease.
      901 S Raul Longoria Rd, Edinburg, TX 78542
      View Details
    • $2,025 /Mo
      1,125 SF

      New Commercial Space in Edinburg

      Brand-new commercial space with high visibility and endless potential.
      2205 S Alamo Rd, Edinburg, TX 78542
      View Details
    • $2,400 /Mo
      961 SF

      Retail Space in Edinburg, TX

      New retail spaces in high-traffic area near schools and golf.
      901 S Raul Longoria Rd, Edinburg, TX 78542
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2114 Taxco Ct
    Edinburg, TX 78542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2114 Taxco Ct, Edinburg, TX, 78542

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!