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Four-Unit Quadplex with Gated Entry
For Sale
$520,000

1325 E Daffodil, McAllen, TX 78501

Fully rented residential income property with two-bedroom units, private patios, appliances, and rear carports.

Property Size4,497 SF
Price / SF$115.63
Days on Market43

Property Features for 1325 E Daffodil

General Information

Standard status Active
Size 4,497 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 4 x 2BR/2.5BA
Multifamily Units 4
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $13,293

Amenities

private patios
washer and dryer hookups
gated entrance

Building Details

Buildings 1
Listing Agency: Monarca Real Estate Group LLC
Listed By: Kevin Joseph Martinez
Source: Exprealty
Added: Jul 3 Changed: Aug 13 Last Checked: Aug 14 at 11:28AM

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 four-unit residential property is fully rented and designed with an open-concept layout in each unit. Every residence includes 2 bedrooms, 2.5 bathrooms, large closets, and additional storage. Appliances convey with the property, and washer and dryer hookups are provided. Private patios add outdoor space for each unit.

Access is supported by a gated entrance and front entries, while the rear of the property provides two carport spaces per unit. The property is located near schools, shopping centers, and restaurants in McAllen, Texas.

Key Highlights

  • Fully rented four‑unit property
  • Each unit has 2 bedrooms and 2.5 bathrooms
  • Open‑concept layouts with large closets and abundant storage

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
$40,635
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
7.81%
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%
$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 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
$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 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%
$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 (±1% cap)
NOI $40,635 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$533.5K
$466.8K – $622.4K (±1% cap)
NOI $37,344 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,479 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully rented residential income property with two-bedroom units, private patios, appliances, and rear carports.
Where is this quadplex located?
The property is located at 1325 E Daffodil 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: Fully rented four‑unit property; Each unit has 2 bedrooms and 2.5 bathrooms; Open‑concept layouts with large closets and abundant storage
More about this property
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