4-Unit Residential Income
For Sale
$399,000
1803 Agua Fina, Edinburg, TX 78541
Three residences are occupied, while the fourth is vacant and ready for an owner or new renter.
Property Size3,920 SF
Price / SF$101.79
Days on Market17
Property Features for 1803 Agua Fina
General Information
Standard status
Active
Size
3,920 SF
Property subtype
Residential Income
Occupancy
75%
Additional Details
Sprinkler System
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$8,758
Amenities
stove
refrigerator
washer/dryer connections
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Element Realty, LLC
(956) 624-7036
Listed By:
Nancy S Aguilar
(956) 313-2004
Source:
Exprealty
Added: Sep 28
Changed: Oct 10
Last Checked: Oct 12 at 8:56PM
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 Element Realty, LLC
Investment Insights
Based on property information with market context.
This 3,920-square-foot fourplex contains four 2-bedroom, 2-bathroom units. Three are rented, and one is vacant. Each residence has a stove, refrigerator, and washer and dryer connections. The property also has a sprinkler system and no HOA.
The property is near UTRGV, shopping, dining, and major roadways.
The property is near UTRGV, shopping, dining, and major roadways.
Key Highlights
- 3,920‑square‑foot fourplex with four 2‑bedroom, 2‑bathroom units
- Three of the four units are rented; one is vacant
- Each unit has a stove, refrigerator, and washer and dryer connections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,909
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,180
$658.2K
Cap Rate 7%
$470,129
$470.1K
Cap Rate 9%
$365,656
$365.7K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$61.6K $15.72/SF
− Vacancy
−$1.8K −$0.46/SF
EGI
$59.8K $15.26/SF
− OpEx
−$26.9K −$6.87/SF
NOI
$32.9K $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 Rate 5%
$658,180
Cap Rate 7%
$470,129
Cap Rate 9%
$365,656
Alternative Uses
Best Use
Multifamily LT 5
$526.1K
$460.3K – $613.8K
NOI $36,826 @ 7.0% cap · market cap 9.23%
Second Best
Apartment 5plus
$470.1K
$411.4K – $548.5K
NOI $32,909 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$1.02M
$890.0K – $1.19M
NOI $71,200 @ 7.0% cap · market cap 17.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences are occupied, while the fourth is vacant and ready for an owner or new renter.
Where is this quadplex located?
The property is located at 1803 Agua Fina Edinburg, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,920‑square‑foot fourplex with four 2‑bedroom, 2‑bathroom units; Three of the four units are rented; one is vacant; Each unit has a stove, refrigerator, and washer and dryer connections
