Fourplex with Four 2-Bed
1227 White Oak Drive Edinburg, TX 78541
1227 White Oak Drive, Edinburg, TX, 78541
$449,000
For Sale
$449,000
MULTI_FAMILY - Edinburg, TX
Property Size3,480 SF
Lot Size0.24 Acres
Price / SF$129.02
Days on Market10
Property Features for 1227 White Oak Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking
- 8
- Parking features
- Other
- Patio and Porch features
- Patio
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer
- Standard status
- Active
- APN
- W378000000001100
- Size
- 3,480 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9561
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2017
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone, Stucco
- Roof type
- Composition
Listing agency
Key Realty
(956) 627-7552
Listed by
Preshina Samtani
(956) 460-7763
Added: Jul 14 Updated: Jul 22 at 4:38PM Checked: Jul 23 at 1:06AM
MLS# 509542
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.
Investment Insights
Based on property information with market context.
This fully leased fourplex was built in 2016 and includes four separate 2-bedroom, 2-bath units. The property is described as well-maintained and turnkey, with each unit provided with kitchen appliances as well as a washer and dryer.
The fourplex is located in a desirable gated community in Edinburg, Texas. It is presented for sale as a residential income property with stable occupancy, and the current configuration supports immediate rental use.
With four units under a consistent layout and in-place in-unit appliances and laundry, the property offers a straightforward multifamily setup for investors seeking an income-producing asset with existing tenancy.
The fourplex is located in a desirable gated community in Edinburg, Texas. It is presented for sale as a residential income property with stable occupancy, and the current configuration supports immediate rental use.
With four units under a consistent layout and in-place in-unit appliances and laundry, the property offers a straightforward multifamily setup for investors seeking an income-producing asset with existing tenancy.
Key Highlights
- Fully leased 4‑plex in a gated community
- Built in 2017 with stone and stucco construction
- Four 2‑bedroom, 2‑bath units
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 | $48.0k | $13.80 |
| − Vacancy | −$1.3k | −$0.38 |
| EGI | $46.7k | $13.42 |
| − OpEx | −$14.0k | −$4.03 |
| NOI | $32.7k | $9.39 |
3,480 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.0K
$408.7K – $544.9K
NOI $32,692 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$417.4K
$365.2K – $486.9K
NOI $29,216 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$903.0K
$790.1K – $1.05M
NOI $63,208 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four fully leased 2-bedroom, 2-bath units built in 2016, each with kitchen appliances and washer/dryer.
Where is this quadplex located?
The property is located at 1227 White Oak Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Fully leased 4‑plex in a gated community; Built in 2017 with stone and stucco construction; Four 2‑bedroom, 2‑bath units
