1701 Nassau Street Edinburg, TX 78541
Four two-bedroom, two-bath units in a gated subdivision with community pool and mature, well-kept landscaping.
- Added:
- Jul 2, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 4 at 2:30 am
Property Features for 1701 Nassau Street
General Information
- Standard status
- Active
- Size
- 4,088 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2003
Listing office Distinguished Properties
Listing date Jul 2, 2026
Source Crexi
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 Distinguished Properties
Investment Insights
Based on property information with market context.
The property is positioned for everyday convenience, with access to universities, shopping, restaurants, and major roadways as described in the public remarks. The overall setting is within a controlled-access community, which can be an important consideration for residents who value a managed setting.
This asset is well suited for investors seeking a small residential income property with four self-contained units. The seller also notes the ability to purchase the property individually or as part of a larger investment portfolio package that includes six separate four-plex properties totaling 24 units. For buyers evaluating multi-asset strategies, this listing may offer straightforward aggregation through the stated package option. Please contact the agent for additional details and package information.
Key Highlights
- Year Built 2003 4‑unit property in the gated Summer Winds subdivision
- Four apartments with 2 bedrooms and 2 bathrooms each
- Community pool in the subdivision
Local Financial Insights For Apartment 5plus
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 | $64.3k | $15.72 |
| − Vacancy | −$1.9k | −$0.46 |
| EGI | $62.4k | $15.26 |
| − OpEx | −$28.1k | −$6.87 |
| NOI | $34.3k | $8.40 |
