New Construction Fourplex in
11405 25th Street McAllen, TX 78504
11405 25th Street, McAllen, TX, 78504
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For Sale
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New construction fourplex with three-bedroom units in McAllen, Texas.
Property Size4,004 SF
Price / SF$131.12
Days on Market182
Property Features for 11405 25th Street
General Information
- Standard status
- Active
- Size
- 4,004 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing Agency
Encore Fine Properties
(956) 821-6170
Listed by
Avinaash Buxani · License #TREC # 0712106
Source
Crexi
Added: Jan 17 Checked: Jul 15 at 10:21 pm
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 Encore Fine Properties
Investment Insights
Based on property information with market context.
This is a new construction fourplex located in the heart of North McAllen, Texas, specifically in the 78504 area. The property is situated in a central location for innovation in the Rio Grande Valley. The fourplex features all three-bedroom units, with appliances installed. Fencing is included. Upon completion, the property will be turnkey ready. These fourplexes are the only all three-bedroom unit apartments in the surrounding area. The property has a total size of 4004 square feet and is suited for investment or residence.
Key Highlights
- New construction fourplex in North Mcallen, TX (78504)
- All units are 3‑bedroom apartments
- Turnkey ready upon completion
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 | $55.3k | $13.80 |
| − Vacancy | −$3.6k | −$0.89 |
| EGI | $51.7k | $12.91 |
| − OpEx | −$15.5k | −$3.87 |
| NOI | $36.2k | $9.04 |
4,004 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.9K
$452.3K – $603.0K
NOI $36,180 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$475.0K
$415.6K – $554.2K
NOI $33,250 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.09M
$951.4K – $1.27M
NOI $76,108 @ 7.0% cap · market cap 14.50%
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 - New construction fourplex with three-bedroom units in McAllen, Texas.
Where is this quadplex located?
The property is located at 11405 25th Street McAllen, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: New construction fourplex in North Mcallen, TX (78504); All units are **3‑bedroom apartments**; **Turnkey ready** upon completion