4-Unit
For Sale
$312,000
1009 W Stubbs Street, Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
Property Size3,278 SF
Lot Size0.24 Acres
Price / SF$95.18
Days on Market83
Property Features for 1009 W Stubbs Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Fencing
Chain Link
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Subdivision
Westview Place
Elementary school
Lee
Middle school
South Middle School
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From W University Dr, Turn left onto S 4th Ave, Turn right onto W Stubbs St, Destination will be on the right.
Standard status
Active
APN
W440000000000900
Size
3,278 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9339
Utilities
Heating system
Central
Cooling system
Central Air, Wall Unit(s)
Water source
Public
Amenities
private backyard space
Building Details
Year built
1994
Floors in Building
2
Number of units
4
Building materials
Brick, Siding
Roof type
Shingle
Listing Agency:
HCH Realty
(956) 687-8900
Listed By:
Cecilia Olivarez · License #686906
(956) 353-2401
Added: May 13
Changed: Jul 30
Last Checked: Aug 3 at 2:06AM
MLS# 504085
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 4-unit quadplex on W Stubbs Street provides a straightforward residential income setup, with three of the four units currently leased and one unit available. Two of the four units include private backyard space, adding tenant appeal. The property totals 3,278 square feet and was built in 1994.
The quadplex is located in Edinburg, TX in Hidalgo County, approximately 0.5 miles from UTRGV, which can support demand from student and long-term renters. Outside, the property features chain link fencing, and parking is listed as none. Utilities include public water.
Interior and mechanical amenities include central heating, central air, and wall unit cooling. Appliances listed for the units include electric water heaters, refrigerators, and stove/ranges. Construction is described as brick with siding, with a shingle roof. A survey is available.
The quadplex is located in Edinburg, TX in Hidalgo County, approximately 0.5 miles from UTRGV, which can support demand from student and long-term renters. Outside, the property features chain link fencing, and parking is listed as none. Utilities include public water.
Interior and mechanical amenities include central heating, central air, and wall unit cooling. Appliances listed for the units include electric water heaters, refrigerators, and stove/ranges. Construction is described as brick with siding, with a shingle roof. A survey is available.
Key Highlights
- 3 of 4 units are currently leased
- Two units offer private backyard space
- Approximately 0.5 miles from UTRGV
Financial Insights For Apartment 5plus
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 | $51.5k | $15.72 |
| − Vacancy | −$1.5k | −$0.46 |
| EGI | $50.0k | $15.26 |
| − OpEx | −$22.5k | −$6.87 |
| NOI | $27.5k | $8.40 |
3,278 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$439.9K
$384.9K – $513.3K
NOI $30,795 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$393.1K
$344.0K – $458.7K
NOI $27,520 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$850.6K
$744.2K – $992.3K
NOI $59,539 @ 7.0% cap · market cap 19.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with three units currently leased and central heating and cooling.
Where is this quadplex located?
The property is located at 1009 W Stubbs Street Edinburg, TX.
What is the asking price?
The asking price for this property is $312,000.
What are key features of this property?
This property features: 3 of 4 units are currently leased; Two units offer private backyard space; Approximately 0.5 miles from UTRGV
