405 Rafael Drive, San Juan, TX 78589
MULTI_FAMILY - San Juan, TX
- Added:
- Dec 8, 2025
- Days on Market:
- 182
- Last Refresh:
- Jun 8 at 11:06 am
Property Features for 405 Rafael Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Other
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Appliances
- Electric Water Heater, Dryer, Microwave, Stove/Range-Electric Coil, Washer
- Standard status
- Active
- APN
- C192400000009800
- Size
- 4,456 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11482
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- 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 Dec 8, 2025
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.
HighLights
- Exceptional investment opportunity with immediate, reliable cash flow from three leased units.
- One vacant unit with potential rent of $1250.
- Modern construction, built in 2021 (less than four years old).
- Prime location with strong rental demand.
- Sprinkler system and patio.
- Central electric heating and cooling.
Overview
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 | $62.6k | $14.04 |
| − Vacancy | −$6.9k | −$1.55 |
| EGI | $55.7k | $12.49 |
| − OpEx | −$16.7k | −$3.75 |
| NOI | $39.0k | $8.74 |
Alternative Uses
Current Use by Public Records
Map
- City
- San Juan
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1393
- Latitude
- 26.188346
