Four-Unit Townhome-Style
New
For Sale
$495,000
1203 White Oak Drive, Edinburg, TX 78541
MULTI_FAMILY - Edinburg, TX
Property Size4,976 SF
Lot Size0.36 Acres
Price / SF$99.48
Days on Market3
Property Features for 1203 White Oak Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
None
Appliances
Electric Water Heater, Electric Cooktop, Refrigerator
Subdivision
West Oaks
Lot features
Cul-De-Sac, Curb & Gutters, Irregular Lot
Elementary school
Austin
Middle school
B.L. Garza
High school
Edinburg North H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From the corner of Chapin and Bus-281, Head South on Bus. 281/N Business Hwy 281/N Closner Blvd toward E Wells St. Turn right onto Scharlet Oak Dr. Turn left onto Upas Dr then on Teak Dr. Property sits on the corner of White Oak Dr. and Teak Dr.
Standard status
Active
APN
W378000000001700
Size
4,976 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12549
HOA Fee
$800 Annually
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2022
Floors in Building
2
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
API Real Estate
(956) 412-1412
Listed By:
Ruben G. Solis
(956) 222-6488
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 4:06PM
MLS# 510962
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 fully leased four-unit property features townhome-style layouts with contemporary interiors. The unit mix includes three two-bedroom, two-and-a-half-bath homes and one three-bedroom, two-and-a-half-bath home. Each unit offers open layouts, modern kitchen finishes, tile flooring throughout, and stainless steel appliances. Stove ranges and refrigerators convey with the sale.
The property is located within the gated West Oaks Apartment Community at 1203 White Oak Dr in Edinburg, Texas. It is described as being about half a mile from Expressway 281 and about one mile from UTRGV.
The community configuration and unit count provide a straightforward rental setup with all four units currently occupied and producing stabilized income.
The property is located within the gated West Oaks Apartment Community at 1203 White Oak Dr in Edinburg, Texas. It is described as being about half a mile from Expressway 281 and about one mile from UTRGV.
The community configuration and unit count provide a straightforward rental setup with all four units currently occupied and producing stabilized income.
Key Highlights
- Fully rented 4‑plex in the gated West Oaks Apartment Community at 1203 White Oak Dr, Edinburg, TX
- Townhome‑style units: three 2BD/2.5BA and one 3BD/2.5BA
- Year built 2022 with stucco construction
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 | $78.2k | $15.72 |
| − Vacancy | −$2.3k | −$0.46 |
| EGI | $76.0k | $15.26 |
| − OpEx | −$34.2k | −$6.87 |
| NOI | $41.8k | $8.40 |
4,976 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$667.8K
$584.3K – $779.1K
NOI $46,746 @ 7.0% cap · market cap 9.44%
Second Best
Apartment 5plus
$596.8K
$522.2K – $696.3K
NOI $41,775 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,380 @ 7.0% cap · market cap 18.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
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 - Fully leased 4-plex in a gated community with three 2-bed units and one 3-bedroom unit.
Where is this quadplex located?
The property is located at 1203 White Oak Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully rented 4‑plex in the gated West Oaks Apartment Community at 1203 White Oak Dr, Edinburg, TX; Townhome‑style units: three 2BD/2.5BA and one 3BD/2.5BA; Year built 2022 with stucco construction
