4-Unit Quadplex with Covered
For Sale
$450,000
1225 W Garfield Avenue, Mission, TX 78573
Residential Income, Mission, TX
Property Size3,712 SF
Lot Size0.21 Acres
Price / SF$121.23
Days on Market191
Property Features for 1225 W Garfield Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Patio and Porch features
Patio
Appliances
Electric Water Heater, Disposal, Dryer, Convection Oven, Refrigerator, Stove/Range, Stove/Range-Electric Smooth, Washer
Subdivision
Taurus Estates #16
Lot features
Sidewalks
Elementary school
Cantu
Middle school
Alton-Memorial Junior High
High school
Alton H.S.
Elementary school district
Mission ISD
Middle school district
Mission ISD
High school district
Mission ISD
Directions
From Intersection W St Francis Ave and S Trosper Blvd go north on S Trosper Blvd, then take a left on W Garfield Ave.
Standard status
Active
APN
T094516000001900
Size
3,712 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9645
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Water front
1
Building Details
Year built
2021
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Shingle
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez
(956) 599-8400
Added: Apr 15
Changed: Aug 31
Last Checked: Oct 22 at 9:06AM
MLS# 478427
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 2021, this 3712-square-foot quadplex contains four matching residential units, each configured with 2 bedrooms and 2 bathrooms. Interior features include open-plan living areas, tile flooring, essential appliances, central heating, and central air conditioning. Brick construction, shingle roofing, patios, and public water service complete the improvements.
The property occupies 0.2112 acres at 1225 W Garfield Avenue in Mission, Texas. Eight covered carport spaces are positioned at the front, with two designated spaces assigned to each unit. The appliance package includes refrigerators, stoves/ranges, a convection oven, disposals, washers, dryers, and an electric water heater.
The property occupies 0.2112 acres at 1225 W Garfield Avenue in Mission, Texas. Eight covered carport spaces are positioned at the front, with two designated spaces assigned to each unit. The appliance package includes refrigerators, stoves/ranges, a convection oven, disposals, washers, dryers, and an electric water heater.
Key Highlights
- 3712‑square‑foot quadplex completed in 2021
- Four units, each with 2 bedrooms and 2 bathrooms
- Eight covered carport spaces, with two assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,461
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,220
$649.2K
Cap Rate 7%
$463,729
$463.7K
Cap Rate 9%
$360,678
$360.7K
Market Conditions
NOI Build-Up for 3,712 SF
Gross rent
$52.1K $14.04/SF
− Vacancy
−$5.7K −$1.55/SF
EGI
$46.4K $12.49/SF
− OpEx
−$13.9K −$3.75/SF
NOI
$32.5K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,220
Cap Rate 7%
$463,729
Cap Rate 9%
$360,678
Alternative Uses
Best Use
Multifamily LT 5
$463.7K
$405.8K – $541.0K
NOI $32,461 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$427.0K
$373.6K – $498.1K
NOI $29,887 @ 7.0% cap · market cap 6.64%
Theoretical Best
Hotel Hospitality
$2.80M
$2.45M – $3.26M
NOI $195,715 @ 7.0% cap · market cap 43.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
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Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
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 - Brick multifamily property with open layouts, tile flooring, essential appliances, and central HVAC.
Where is this quadplex located?
The property is located at 1225 W Garfield Avenue Mission, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3712‑square‑foot quadplex completed in 2021; Four units, each with 2 bedrooms and 2 bathrooms; Eight covered carport spaces, with two assigned to each unit
