Modern Townhome-Style
For Sale
$495,000
1203 White Oak Drive, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size4,976 SF
Lot Size0.36 Acres
Price / SF$99.48
Days on Market99
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
Electric, Central Air
Water source
Public
Amenities
gated
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: Oct 19
Last Checked: Nov 4 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
Built in 2022, this four-unit quadplex contains three two-bedroom, 2.5-bath townhome-style residences and one three-bedroom, 2.5-bath residence. The 4,976-square-foot property sits on 0.3598 acres and offers open living areas, spacious kitchens, stainless steel appliances, and tile flooring throughout. Electric central heating and cooling, stucco construction, composition roofing, and public water service are also in place. Stove ranges and refrigerators convey with the property.
All four residences are leased, providing an occupied multifamily asset within the gated West Oaks Apartment Community. The property is approximately 1/2 mile from Expressway 281 and 1 mile from UTRGV, with an Edinburg address in Hidalgo County. On-site parking is not provided, according to the listed parking features.
All four residences are leased, providing an occupied multifamily asset within the gated West Oaks Apartment Community. The property is approximately 1/2 mile from Expressway 281 and 1 mile from UTRGV, with an Edinburg address in Hidalgo County. On-site parking is not provided, according to the listed parking features.
Key Highlights
- Four‑unit quadplex built in 2022
- Three 2‑bedroom / 2.5‑bath units and one 3‑bedroom / 2.5‑bath unit
- 4,976 square feet on 0.3598 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,775
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,500
$835.5K
Cap Rate 7%
$596,786
$596.8K
Cap Rate 9%
$464,167
$464.2K
Market Conditions
NOI Build-Up for 4,976 SF
Gross rent
$78.2K $15.72/SF
− Vacancy
−$2.3K −$0.46/SF
EGI
$76.0K $15.26/SF
− OpEx
−$34.2K −$6.87/SF
NOI
$41.8K $8.40/SF
Area
Edinburg, TX
Vacancy
2.90%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,500
Cap Rate 7%
$596,786
Cap Rate 9%
$464,167
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
354
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit property with contemporary interiors, private community setting, and convenient access to major transportation and higher education.
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: Four‑unit quadplex built in 2022; Three 2‑bedroom / 2.5‑bath units and one 3‑bedroom / 2.5‑bath unit; 4,976 square feet on 0.3598 acres
