Fully Rented Fourplex with
For Sale
$500,000
1325 E Daffodil Avenue McAllen, McAllen, TX 78501
Fourplex offered for sale with fully rented units featuring private patios and rear carport parking.
Property Size4,497 SF
Days on Market107
Property Features for 1325 E Daffodil Avenue McAllen
General Information
Standard status
Active
Size
4,497 SF
Total Parking Spaces
8
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$13,293
Building Details
Building Size
4,497 SF
Year Built
2008
Tenancy
Multi
Listing Agency:
Monarca Real Estate Group LLC
Listed By:
Kevin Joseph Martinez
(956) 651-2013
Source:
Primeluxuryrealestate
Added: Jul 8
Changed: Oct 22
Last Checked: Oct 21 at 2:38AM
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 Monarca Real Estate Group LLC
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Investment Insights
Based on property information with market context.
This fourplex is being offered for sale as a fully rented income property. The units feature an open-concept layout, with each unit offering 2 bedrooms and 2.5 bathrooms, along with large closets and abundant storage. Appliances are included, and washer and dryer hookups are available. Tenants also have private patios, and each unit includes rear access with two carport spaces.
The community is gated and is described as being near schools, shopping centers, and restaurants.
The property configuration provides front access for the units and convenient rear parking via carports, supporting day-to-day tenant use.
The community is gated and is described as being near schools, shopping centers, and restaurants.
The property configuration provides front access for the units and convenient rear parking via carports, supporting day-to-day tenant use.
Key Highlights
- Fourplex built in 2008 with fully rented units
- Each unit features an open‑concept layout with 2 bedrooms and 2.5 bathrooms
- Private patio for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,635
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,700
$812.7K
Cap Rate 7%
$580,500
$580.5K
Cap Rate 9%
$451,500
$451.5K
Market Conditions
NOI Build-Up for 4,497 SF
Gross rent
$62.1K $13.80/SF
− Vacancy
−$4.0K −$0.89/SF
EGI
$58.0K $12.91/SF
− OpEx
−$17.4K −$3.87/SF
NOI
$40.6K $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%
$812,700
Cap Rate 7%
$580,500
Cap Rate 9%
$451,500
Alternative Uses
Best Use
Multifamily LT 5
$580.5K
$507.9K – $677.3K
NOI $40,635 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$533.5K
$466.8K – $622.4K
NOI $37,344 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,479 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
Explore this area
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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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 - Fourplex offered for sale with fully rented units featuring private patios and rear carport parking.
Where is this quadplex located?
The property is located at 1325 E Daffodil Avenue McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Fourplex built in 2008 with fully rented units; Each unit features an open‑concept layout with 2 bedrooms and 2.5 bathrooms; Private patio for each unit
