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4-Unit Multifamily Property

1700 Angelina Drive, San Juan, TX 78589

For Sale
New
$525,000

Residential Income, San Juan, TX

Property Size4,322 SF
Lot Size0.23 Acres
Price / SF$121.47
Days on Market2

Property Features for 1700 Angelina Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 8
Parking features None
Appliances Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Gas, Washer
Subdivision Meadows On Ridge
Lot features Sidewalks
Elementary school Sorenson
Middle school Austin
High school PSJA H.S.
Elementary school district PSJA ISD
Middle school district PSJA ISD
High school district PSJA ISD
Directions From I-2 (Expressway 83), take the exit for N Cesar Chavez Rd and head South. Continue on N Cesar Chavez Rd for approximately 1.5 miles. Turn Left (East) onto E Ridge Rd. Continue briefly and turn Right (South) onto Angelina Dr. The property will be located on the right side of the street.
Standard status Active
APN M319900001002400
Size 4,322 SF
Lot size 0.23 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13013
HOA Fee $850 Annually

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

porcelain tile flooring
custom cabinetry
granite/quartz countertops
open-concept layouts
dedicated covered parking

Building Details

Year built 2022
Floors in Building 1
Number of units 4
Building materials Stucco
Roof type Composition
Buildings 1
Listing Agency: Keller Williams Realty RGV
Listed By: Jaime Lee Gonzalez · License TX #713189
Added: Nov 9 Last Checked: Nov 10 at 5:06AM
MLS# 519950

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2022, this four-unit property contains 4,322 square feet across a 0.2332-acre parcel. Each residence has an open-concept layout, porcelain tile floors, custom cabinetry, and granite or quartz countertops. The building has stucco exterior construction, central electric heating and air conditioning, and a composition roof. Appliances include a washer, dryer, refrigerator, microwave, gas range, and electric water heater.

The property is on Angelina Drive in San Juan, near N Cesar Chavez Road and Ridge Road, with access to Expressway 83. Shopping centers and PSJA ISD schools are identified in the surrounding area.

Key Highlights

  • Four units, all leased
  • 4,322 square feet on a 0.2332‑acre parcel
  • Built in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,796
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,920 $755.9K
Cap Rate 7%
$539,943 $539.9K
Cap Rate 9%
$419,956 $420.0K
Market Conditions
NOI Build-Up for 4,322 SF
Gross rent
$60.7K $14.04/SF
− Vacancy
−$6.7K −$1.55/SF
EGI
$54.0K $12.49/SF
− OpEx
−$16.2K −$3.75/SF
NOI
$37.8K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,920
Cap Rate 7%
$539,943
Cap Rate 9%
$419,956

Alternative Uses

Best Use
Multifamily LT 5
$539.9K
$472.5K – $629.9K (±1% cap)
NOI $37,796 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$497.1K
$435.0K – $580.0K (±1% cap)
NOI $34,798 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,425 @ 7.0% cap · market cap 20.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 78589, TX

38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Hidalgo County, TX

$117 Jul
$117 Aug
$119 Sep
$119 Oct

Properties on Market for Quadplexes in Hidalgo County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are leased and feature open-plan interiors with stone countertops and custom cabinetry.
Where is this quadplex located?
The property is located at 1700 Angelina Drive San Juan, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four units, all leased; 4,322 square feet on a 0.2332‑acre parcel; Built in 2022
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