New-Construction
For Sale
$559,000
12504 N 39th Ln, Edinburg, TX
Four units offer open layouts, contemporary finishes, and in-unit laundry equipment.
Property Size4,180 SF
Price / SF$133.73
Days on Market80
Property Features for 12504 N 39th Ln
General Information
Standard status
Active
Size
4,180 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,297
Amenities
washer and dryer
Building Details
Buildings
1
Listing Agency:
Keller Williams Realty RGV
(956) 599-8400
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Source:
Exprealty
Added: Jun 12
Changed: Aug 29
Last Checked: Aug 29 at 7:00PM
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
This new-construction quadplex contains four 3-bedroom, 2-bath residences within 4,180 square feet. Each unit is arranged around an open-concept layout with bright living areas and contemporary interior finishes. Kitchens feature quartz countertops, while white tile flooring is used throughout the residences. Every unit also includes its own washer and dryer, adding in-unit laundry convenience across the property.
Located at 12504 N 39th Ln in Edinburg, TX, the property presents a four-unit configuration with consistent specifications across each residence. The combination of three-bedroom plans, two-bath layouts, modern kitchen finishes, and dedicated laundry equipment defines the offering.
Located at 12504 N 39th Ln in Edinburg, TX, the property presents a four-unit configuration with consistent specifications across each residence. The combination of three-bedroom plans, two-bath layouts, modern kitchen finishes, and dedicated laundry equipment defines the offering.
Key Highlights
- New‑construction quadplex with 4 residential units
- Four 3‑bedroom, 2‑bath units
- 4,180 SF property size
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,268
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$785,360
$785.4K
Cap Rate 7%
$560,971
$561.0K
Cap Rate 9%
$436,311
$436.3K
Market Conditions
NOI Build-Up for 4,180 SF
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.
Gross rent
$57.7K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$56.1K $13.42/SF
− OpEx
−$16.8K −$4.03/SF
NOI
$39.3K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$785,360
Cap Rate 7%
$560,971
Cap Rate 9%
$436,311
Alternative Uses
Best Use
Multifamily LT 5
$561.0K
$490.9K – $654.5K
NOI $39,268 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K
NOI $35,092 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.08M
$949.0K – $1.27M
NOI $75,922 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
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 - Four units offer open layouts, contemporary finishes, and in-unit laundry equipment.
Where is this quadplex located?
The property is located at 12504 N 39th Ln Edinburg, TX.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: New‑construction quadplex with 4 residential units; Four 3‑bedroom, 2‑bath units; 4,180 SF property size
