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1416 Leann Rimes Rd 4 Unit Apartment Building $410,000 ($102,500/Unit) Edinburg, TX 78542
Investment Highlights
- Fully leased four-plex offering immediate rental income and strong cash flow potential.
- Modern kitchens with granite countertops, electric ranges, microwaves, and refrigerators included.
- Dedicated washer and dryer in every unit for added convenience and tenant appeal.
- Two spacious 3-bedroom units and two 2-bedroom units, each featuring two full bathrooms.
- Private master suites with separate showers and tile flooring throughout all units.
- Large rear carport providing two covered parking spaces per unit, plus individual electric meters for easy utility management.
Executive Summary
Great investment! Earn extra income by owning this 3552-SF brick four-plex in Edinburg. Two units have 3 beds/2 baths and two units have 2 beds/2 baths. All units have a welcoming living room, tasteful dining room, master suite with separate shower, tile floors throughout, updated kitchen with granite countertops, microwave, refrigerator, electric range, washer/dryer in each unit. There is a large carport in the back with enough spots for 2 spaces per unit. Each unit has its own electric meter and has a shared water meter. All units are currently rented out!
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $410,000 | Lot Size | 0.29 AC |
| Price Per Unit | $102,500 | Building Size | 3,552 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2015 |
| Property Subtype | Apartment | Parking Ratio | 2.25/1,000 SF |
| Building Class | C |
| Price | $410,000 |
| Price Per Unit | $102,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 3,552 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2015 |
| Parking Ratio | 2.25/1,000 SF |
Amenities
Unit Amenities
- Microwave
- Washer/Dryer
- Tile Floors
- Kitchen
- Refrigerator
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | - |
| 2+2 | 2 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | S6456-01-000-009A-00 | Improvements Assessment | $373,511 (2025) |
| Land Assessment | $124,251 (2025) | Total Assessment | $497,762 (2025) |
Property Taxes
Parcel Number
S6456-01-000-009A-00
Land Assessment
$124,251 (2025)
Improvements Assessment
$373,511 (2025)
Total Assessment
$497,762 (2025)
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1416 Leann Rimes Rd
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