Fully Rented Fourplex with
For Sale
$520,000
1325 E Daffodil Avenue McAllen, McAllen, TX 78501
Fourplex with open-concept units, private patios, and rear carport parking with washer and dryer hookups.
Days on Market13
Property Features for 1325 E Daffodil Avenue McAllen
General Information
Standard status
Active
Total Parking Spaces
8
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Building Size
4,497 SF
Year Built
2008
Listing Agency:
Monarca Real Estate Group LLC
Listed By:
Kevin Joseph Martinez
Source:
Primeluxuryrealestate
Added: Jul 18
Changed: Jul 19
Last Checked: Jul 19 at 2:05AM
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
Investment Insights
Based on property information with market context.
This fourplex is fully rented and features an open-concept layout in each unit. Each unit offers two bedrooms, 2.5 bathrooms, and abundant storage with large closets. Appliances are included, and washer and dryer hookups are available. Units also include private patios, with front access and two carport spaces per unit located at the rear.
The property is described as being in an excellent location near schools, shopping centers, and restaurants. The community includes a gated entrance.
The offering includes the four-unit multifamily structure with the described parking, outdoor patio space, and in-unit appliance inclusion and laundry hookups.
The property is described as being in an excellent location near schools, shopping centers, and restaurants. The community includes a gated entrance.
The offering includes the four-unit multifamily structure with the described parking, outdoor patio space, and in-unit appliance inclusion and laundry hookups.
Key Highlights
- Year built 2008 fourplex with all units fully rented
- Each unit offers 2 bedrooms and 2.5 bathrooms with open‑concept layout
- All appliances included; washer and dryer hookups available in each unit
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 | $62.1k | $13.80 |
| − Vacancy | −$4.0k | −$0.89 |
| EGI | $58.0k | $12.91 |
| − OpEx | −$17.4k | −$3.87 |
| NOI | $40.6k | $9.04 |
4,497 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$580.5K
$507.9K – $677.3K
NOI $40,635 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$533.5K
$466.8K – $622.4K
NOI $37,344 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,479 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
821
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
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 - Fourplex with open-concept units, private patios, and rear carport parking with washer and dryer hookups.
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 $520,000.
What are key features of this property?
This property features: Year built 2008 fourplex with all units fully rented; Each unit offers 2 bedrooms and 2.5 bathrooms with open‑concept layout; All appliances included; washer and dryer hookups available in each unit
