4-Unit Multifamily
1713 N Monaco Drive, San Juan, TX 78589
For Sale
$560,000
Pending
Residential Income, San Juan, TX
Property Size4,222 SF
Lot Size0.28 Acres
Days on Market98
Property Features for 1713 N Monaco Drive
General Information
Property type
Property subtype
Property condition
Parking
Parking features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Utilities
Heating system
Cooling system
Water source
Amenities
secure gated community
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License TX #713189
(956) 599-8400
Added: Aug 5
Changed: Nov 2
Last Checked: Nov 10 at 9:06PM
MLS# 511670
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 four-unit multifamily property is under construction on a 0.2758-acre site. The 4,222-square-foot building is planned with four residences, each offering three bedrooms and two full bathrooms. Stucco exterior construction, a shingle roof, central heating and central air are specified, with garage parking for the units.
The property is in a gated community near 495 and Veterans Road, with shopping, dining, schools, and the expressway described as nearby. Completion is associated with a 2026 build year. Public water service is indicated.
The property is in a gated community near 495 and Veterans Road, with shopping, dining, schools, and the expressway described as nearby. Completion is associated with a 2026 build year. Public water service is indicated.
Key Highlights
- Four residences, each with 3 bedrooms and 2 full bathrooms
- 4,222‑square‑foot building on 0.2758 acres
- Under construction; year built listed as 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,921
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,420
$738.4K
Cap Rate 7%
$527,443
$527.4K
Cap Rate 9%
$410,233
$410.2K
Market Conditions
NOI Build-Up for 4,222 SF
Gross rent
$59.3K $14.04/SF
− Vacancy
−$6.5K −$1.55/SF
EGI
$52.7K $12.49/SF
− OpEx
−$15.8K −$3.75/SF
NOI
$36.9K $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%
$738,420
Cap Rate 7%
$527,443
Cap Rate 9%
$410,233
Alternative Uses
Best Use
Multifamily LT 5
$527.4K
$461.5K – $615.4K
NOI $36,921 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$485.6K
$424.9K – $566.6K
NOI $33,993 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $103,963 @ 7.0% cap · market cap 18.56%
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
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Explore this area
Business Placement
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
$112,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Hidalgo County, TX
Properties on Market for Quadplexes in Hidalgo County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has three bedrooms, two full bathrooms, central heating and air, and a garage.
Where is this quadplex located?
The property is located at 1713 N Monaco Drive San Juan, TX.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 2 full bathrooms; 4,222‑square‑foot building on 0.2758 acres; Under construction; year built listed as 2026
