Four-Unit Apartment
For Sale
$390,000
114 W Amy Dr, San Juan, TX 78589
Fully leased residential income property with four two-bedroom units and convenient access to schools, shopping, and major roadways.
Property Size3,456 SF
Price / SF$112.85
Days on Market52
Property Features for 114 W Amy Dr
General Information
Standard status
Active
Size
3,456 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,389
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Source:
Exprealty
Added: Sep 2
Changed: Oct 17
Last Checked: Oct 21 at 12:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty RGV
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,456 square feet and is fully leased. Each apartment includes two bedrooms and one bathroom, creating a consistent unit configuration across the building.
The property is located near schools, local shopping, the post office, and major roadways, with quick access to the expressway. Its four-unit layout and existing occupancy provide a straightforward multifamily profile for buyers seeking a residential income asset.
The property is located near schools, local shopping, the post office, and major roadways, with quick access to the expressway. Its four-unit layout and existing occupancy provide a straightforward multifamily profile for buyers seeking a residential income asset.
Key Highlights
- Fully leased four‑unit multifamily property
- 3,456‑square‑foot building
- Four units, each with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,223
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,460
$604.5K
Cap Rate 7%
$431,757
$431.8K
Cap Rate 9%
$335,811
$335.8K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$48.5K $14.04/SF
− Vacancy
−$5.3K −$1.55/SF
EGI
$43.2K $12.49/SF
− OpEx
−$13.0K −$3.75/SF
NOI
$30.2K $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%
$604,460
Cap Rate 7%
$431,757
Cap Rate 9%
$335,811
Alternative Uses
Best Use
Multifamily LT 5
$431.8K
$377.8K – $503.7K
NOI $30,223 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$397.5K
$347.8K – $463.8K
NOI $27,826 @ 7.0% cap · market cap 7.13%
Theoretical Best
Hotel Hospitality
$2.60M
$2.28M – $3.04M
NOI $182,218 @ 7.0% cap · market cap 46.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased residential income property with four two-bedroom units and convenient access to schools, shopping, and major roadways.
Where is this quadplex located?
The property is located at 114 W Amy Dr San Juan, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Fully leased four‑unit multifamily property; 3,456‑square‑foot building; Four units, each with 2 bedrooms and 1 bathroom
