Four-Unit Quadplex with Covered
For Sale
$385,000
1720 Agua Fina Avenue, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size4,032 SF
Lot Size0.27 Acres
Price / SF$95.49
Days on Market82
Property Features for 1720 Agua Fina Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage
Patio and Porch features
Patio
Appliances
Electric Water Heater, Electric Cooktop, Oven-Microwave
Subdivision
Santa Fe Estates
Lot features
Alley, Mature Trees, Sidewalks
Elementary school
Ramirez
Middle school
B.L. Garza
High school
Edinburg H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
1720 AGUA FINA AVE EDINBURG, TX. 78541
Standard status
Active
APN
S181003000004300
Size
4,032 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8983
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
walk-in closets
private fenced patios
all appliances
W/D hookups
assigned covered parking
Building Details
Year built
2001
Floors in Building
1
Number of units
4
Building materials
Brick, Solid Masonry
Roof type
Composition
Listing Agency:
Real Broker LLC
Listed By:
Joe A Coronado
(855) 450-0442
Added: Jul 14
Changed: Sep 15
Last Checked: Oct 3 at 4:06PM
MLS# 509545
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.
Investment Insights
Based on property information with market context.
This four-unit residential property contains 4,032 square feet on a 0.2663-acre lot and was built in 2001. The brick and solid masonry construction includes central electric heating and cooling, composition roofing, and public water service. Residences feature open interiors, spacious bedrooms, walk-in closets, private fenced patios, and dedicated garage parking. Appliances include an electric cooktop, oven-microwave, and electric water heater, with washer/dryer hookups provided.
The property is situated near UTRGV in Edinburg, offering a fourplex configuration with assigned covered parking for the residences. Its combination of individual patios, in-unit appliance packages, and separate living spaces supports practical multifamily occupancy.
The property is situated near UTRGV in Edinburg, offering a fourplex configuration with assigned covered parking for the residences. Its combination of individual patios, in-unit appliance packages, and separate living spaces supports practical multifamily occupancy.
Key Highlights
- Four‑unit quadplex with 4,032 SF of building area
- Built in 2001 on a 0.2663‑acre lot
- Brick and solid masonry construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,000
$677.0K
Cap Rate 7%
$483,571
$483.6K
Cap Rate 9%
$376,111
$376.1K
Market Conditions
NOI Build-Up for 4,032 SF
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.
Gross rent
$63.4K $15.72/SF
− Vacancy
−$1.8K −$0.46/SF
EGI
$61.5K $15.26/SF
− OpEx
−$27.7K −$6.87/SF
NOI
$33.8K $8.40/SF
Area
Edinburg, TX
Vacancy
2.90%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,000
Cap Rate 7%
$483,571
Cap Rate 9%
$376,111
Alternative Uses
Best Use
Multifamily LT 5
$541.1K
$473.5K – $631.3K
NOI $37,878 @ 7.0% cap · market cap 9.84%
Second Best
Apartment 5plus
$483.6K
$423.1K – $564.2K
NOI $33,850 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$1.05M
$915.4K – $1.22M
NOI $73,234 @ 7.0% cap · market cap 19.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
268
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes appliances, washer/dryer hookups, and a private fenced patio.
Where is this quadplex located?
The property is located at 1720 Agua Fina Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4,032 SF of building area; Built in 2001 on a 0.2663‑acre lot; Brick and solid masonry construction
