221 Rafael Drive San Juan, TX 78589
MULTI_FAMILY - San Juan, TX
- Added:
- Feb 2, 2026
- Days on Market:
- 162
- Last Refresh:
- Jul 14 at 3:06 am
Property Features for 221 Rafael Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Other
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Smooth
- Standard status
- Active
- APN
- C192400000010400
- Size
- 4,286 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12309
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone, Stucco
- Roof type
- Composition
Listing agent Preshina Samtani (956) 460-7763
Listing office Key Realty 4907 S Jackson Road, Edinburg, TX (956) 627-7552
Listing date Feb 2, 2026
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.
Key Highlights
- 2022‑built fully leased 4‑plex in a gated subdivision (Carroll Estates) in San Juan
- Unit mix: two 2 bed / 2 bath and two 3 bed / 2 bath units
- Three units currently leased; one unit is vacant and could be used to live in to potentially increase rent
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 | $60.2k | $14.04 |
| − Vacancy | −$6.6k | −$1.55 |
| EGI | $53.5k | $12.49 |
| − OpEx | −$16.1k | −$3.75 |
| NOI | $37.5k | $8.74 |
