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Fourplex with Four 2-Bed Units

1227 White Oak Drive Edinburg, TX 78541

New
1227 White Oak Drive, Edinburg, TX, 78541
$449,000
For Sale
Claim this Listing
$449,000

MULTI_FAMILY - Edinburg, TX

Property Size3,480 SF
Lot Size0.24 Acres
Price / SF$129.02
AddedJul 14
Days on Market3
Last RefreshJul 16 at 6:06 am

Property Features for 1227 White Oak Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Other
Patio and Porch features
Patio
Fencing
Privacy
Appliances
Electric Water Heater, Dryer
Standard status
Active
APN
W378000000001100
Size
3,480 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9561

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
2017
Floors in Building
1
Number of units
4
Building materials
Stone, Stucco
Roof type
Composition

Listing agent Preshina Samtani

Listing office Key Realty 4907 S Jackson Road, Edinburg, TX

Listing date Jul 14, 2026

MLS# 509542 Listing URL

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 fourplex was built in 2016 and includes four separate 2-bedroom, 2-bath units. The property is described as well-maintained and turnkey, with each unit provided with kitchen appliances as well as a washer and dryer.

The fourplex is located in a desirable gated community in Edinburg, Texas. It is presented for sale as a residential income property with stable occupancy, and the current configuration supports immediate rental use.

With four units under a consistent layout and in-place in-unit appliances and laundry, the property offers a straightforward multifamily setup for investors seeking an income-producing asset with existing tenancy.

Key Highlights

  • Fully leased fourplex in a gated community with four 2‑bedroom, 2‑bath units
  • Built in 2017 and described as well‑maintained
  • Each unit includes kitchen appliances plus a washer and dryer

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 $48.0k $13.80
− Vacancy −$1.3k −$0.38
EGI $46.7k $13.42
− OpEx −$14.0k −$4.03
NOI $32.7k $9.39
3,480 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$467.0K
$408.7K – $544.9K (±1% cap)
NOI $32,692 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$417.4K
$365.2K – $486.9K (±1% cap)
NOI $29,216 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$903.0K
$790.1K – $1.05M (±1% cap)
NOI $63,208 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four fully leased 2-bedroom, 2-bath units built in 2016, each with kitchen appliances and washer/dryer.
Where is this quadplex located?
The property is located at 1227 White Oak Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Fully leased fourplex in a gated community with four 2‑bedroom, 2‑bath units; Built in 2017 and described as well‑maintained; Each unit includes kitchen appliances plus a washer and dryer
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