Four-Unit Quadplex with Pool
1201 E Camellia Avenue, McAllen, TX 78501
For Sale
New
$632,500
Four residential units feature private entrances, contemporary kitchens, and in-unit laundry within a gated community.
Property Size5,472 SF
Price / SF$115.59
Days on Market4
Property Features for 1201 E Camellia Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
pool
gated
in-unit laundry
Ceiling Fan(s)
Dryer
Microwave
Split Bedrooms
Walk-In Closet(s)
Washer
Motorized Gate
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Candela Realty LLC
(956) 270-2432
Listed By:
Gema Hernandez · License TX #801071438
(956) 708-4014
Source:
Dolcevitargv
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:17PM
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 Candela Realty LLC
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Investment Insights
Based on property information with market context.
Built in 2014, this 5,472-square-foot quadplex contains four units with a combined total of 8 bedrooms and 8 bathrooms. Each residence has its own entrance, in-unit laundry, a contemporary kitchen with stainless steel appliances, and a spacious layout with modern finishes.
The property is part of a gated community with a pool.
The property is part of a gated community with a pool.
Key Highlights
- Four units with 8 bedrooms and 8 bathrooms total
- 5,472 square feet; built in 2014
- Private entrance and in‑unit laundry in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,445
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,900
$988.9K
Cap Rate 7%
$706,357
$706.4K
Cap Rate 9%
$549,389
$549.4K
Market Conditions
NOI Build-Up for 5,472 SF
Gross rent
$75.5K $13.80/SF
− Vacancy
−$4.9K −$0.89/SF
EGI
$70.6K $12.91/SF
− OpEx
−$21.2K −$3.87/SF
NOI
$49.4K $9.04/SF
Area
McAllen, TX
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,900
Cap Rate 7%
$706,357
Cap Rate 9%
$549,389
Alternative Uses
Best Use
Multifamily LT 5
$706.4K
$618.1K – $824.1K
NOI $49,445 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$649.1K
$568.0K – $757.3K
NOI $45,440 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,012 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
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Business Placement
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in McAllen, TX
Properties on Market for Quadplexes in McAllen
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature private entrances, contemporary kitchens, and in-unit laundry within a gated community.
Where is this quadplex located?
The property is located at 1201 E Camellia Avenue McAllen, TX.
What is the asking price?
The asking price for this property is $632,500.
What are key features of this property?
This property features: Four units with 8 bedrooms and 8 bathrooms total; 5,472 square feet; built in 2014; Private entrance and in‑unit laundry in each residence
