4-Unit Quadplex with
1707 Nassau St Edinburg, TX 78541
New
For Sale
$392,000
Gated 4-unit quadplex offering 2-bedroom, 2-bath apartments and community pool within well-maintained grounds.
Property Size4,088 SF
Price / SF$95.89
Days on Market4
Property Features for 1707 Nassau St
General Information
- Standard status
- Active
- Size
- 4,088 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2003
Listing Agency:
Distinguished Properties
(956) 222-6303
Listed By:
Elena Rodriguez
Source:
Aregtx
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 5:18AM
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.
This 4-unit quadplex is located in the gated Summer Winds subdivision and features two-bedroom, two-bath apartment layouts. The property is set within well-maintained surroundings with mature trees and includes a community pool.
The home offers convenient access to universities, shopping, restaurants, and major roadways.
The seller is offering flexibility to purchase the property individually or as part of a larger investment portfolio package consisting of six separate 4-plex properties totaling 24 units. Contact the agent for additional details and package information.
The home offers convenient access to universities, shopping, restaurants, and major roadways.
The seller is offering flexibility to purchase the property individually or as part of a larger investment portfolio package consisting of six separate 4-plex properties totaling 24 units. Contact the agent for additional details and package information.
Key Highlights
- Year built 2003 4‑unit quadplex in the gated Summer Winds subdivision
- Each unit features 2 bedrooms and 2 bathrooms
- Gated community setting with a shared pool
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 |
4,088 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$548.6K
$480.1K – $640.1K
NOI $38,404 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$490.3K
$429.0K – $572.0K
NOI $34,320 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$1.06M
$928.1K – $1.24M
NOI $74,251 @ 7.0% cap · market cap 18.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Gated 4-unit quadplex offering 2-bedroom, 2-bath apartments and community pool within well-maintained grounds.
Where is this quadplex located?
The property is located at 1707 Nassau St Edinburg, TX.
What is the asking price?
The asking price for this property is $392,000.
What are key features of this property?
This property features: Year built 2003 4‑unit quadplex in the gated Summer Winds subdivision; Each unit features 2 bedrooms and 2 bathrooms; Gated community setting with a shared pool
