2019-Built Fourplex with Covered
New
For Sale
$515,000
1412 Orlando Street, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size4,408 SF
Lot Size0.24 Acres
Price / SF$116.83
Days on Market1
Property Features for 1412 Orlando Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
Garage
Patio and Porch features
Patio
Exterior features
Mature Trees, Sprinkler System
Fencing
Privacy
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Subdivision
Summer Winds
Lot features
Curb & Gutters, Professional Landscaping, Sidewalks
Elementary school
Truman
Middle school
Garza
High school
Edinburg North H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From the intersection of McColl Road and Chapin Road, head East on Chapin Road to the complex entrance on the North side of Chapin Road before the canal, once inside turn left on Phoenix Street and then turn Right on Orlando Street, apartments are going to be on the Right hand side of the Street.
Standard status
Active
APN
S686202000010700
Size
4,408 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9013
HOA Fee
$1,330 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
covered parking
privacy fencing
gated community
sidewalks
Building Details
Year built
2019
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Buildings
1
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Mario E. Baez
(956) 827-0170
Added: Oct 27
Last Checked: Oct 27 at 8:06AM
MLS# 518867
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.
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Investment Insights
Based on property information with market context.
This fourplex contains four residences, each with two bedrooms and two full bathrooms. The building totals 4,408 square feet on a 0.238-acre lot and was constructed in 2019. Stucco exterior, composition roofing, a privacy fence, mature trees, and a sprinkler system are among the property’s physical features. Each unit has tile flooring, central air conditioning, double-pane windows, ceiling fans, and a kitchen appliance package that includes a stove, refrigerator, and microwave, along with a washer and dryer. Patios and garage parking are also provided.
The property is located at 1412 Orlando Street in Edinburg, Texas, within a gated community with sidewalks. Public water serves the property.
The property is located at 1412 Orlando Street in Edinburg, Texas, within a gated community with sidewalks. Public water serves the property.
Key Highlights
- Four units, each with 2 bedrooms and 2 full bathrooms
- 4,408 square feet of building area on a 0.238‑acre lot
- Built in 2019; stucco exterior and composition roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,410
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,200
$828.2K
Cap Rate 7%
$591,571
$591.6K
Cap Rate 9%
$460,111
$460.1K
Market Conditions
NOI Build-Up for 4,408 SF
Gross rent
$60.8K $13.80/SF
− Vacancy
−$1.7K −$0.38/SF
EGI
$59.2K $13.42/SF
− OpEx
−$17.7K −$4.03/SF
NOI
$41.4K $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 Rate 5%
$828,200
Cap Rate 7%
$591,571
Cap Rate 9%
$460,111
Alternative Uses
Best Use
Multifamily LT 5
$591.6K
$517.6K – $690.2K
NOI $41,410 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$528.7K
$462.6K – $616.8K
NOI $37,006 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,063 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences include full appliance packages, central air conditioning, and private outdoor patios.
Where is this quadplex located?
The property is located at 1412 Orlando Street Edinburg, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 2 full bathrooms; 4,408 square feet of building area on a 0.238‑acre lot; Built in 2019; stucco exterior and composition roof
