Edinburg Fourplex: Investment
For Sale
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201 W St. Helena Avenue, Edinburg, TX 78541
New construction fourplex in Edinburg near UTRGV.
Property Size4,114 SF
Price / SF$118.38
Days on Market909
Property Features for 201 W St. Helena Avenue
General Information
Standard status
Active
Size
4,114 SF
Total Parking Spaces
8
Property subtype
Multifamily
Building Details
Year Built
2022
Buildings
2
Units
4
Listing Agency:
Encore Fine Properties
Listed By:
Avinaash Buxani · License #TREC # 0712106
(956) 821-6170
Source:
Crexi
Added: Mar 16, 2024
Changed: Sep 7
Last Checked: Sep 10 at 7:40AM
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 Encore Fine Properties
Investment Insights
Based on property information with market context.
This almost new construction fourplex in Edinburg, Texas, presents a great investment opportunity. The income-generating property features two units with 2 bedrooms and 2 bathrooms, and two units with 3 bedrooms and 2 bathrooms. The units feature an open concept with a living room space, a kitchen with quartz countertops, ceramic tile floors, and modern fixtures. The bedrooms are spacious. Carport spaces, private fencing, and landscaping are included. The property is located near UTRGV, shopping, restaurants, and a hospital. The Edinburg courthouse is nearby. One unit is currently vacant, making the property FHA-eligible. The property size is 4,114 square feet.
Key Highlights
- Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.
- Almost new construction (built in 2022).
- FHA‑eligible due to one vacant unit.
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
$38,648
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
7.94%
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%
$772,960
$773.0K
Cap Rate 7%
$552,114
$552.1K
Cap Rate 9%
$429,422
$429.4K
Market Conditions
NOI Build-Up for 4,114 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
$56.8K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$55.2K $13.42/SF
− OpEx
−$16.6K −$4.03/SF
NOI
$38.6K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$772,960
Cap Rate 7%
$552,114
Cap Rate 9%
$429,422
Alternative Uses
Best Use
Multifamily LT 5
$552.1K
$483.1K – $644.1K
NOI $38,648 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$493.4K
$431.7K – $575.6K
NOI $34,538 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.07M
$934.0K – $1.25M
NOI $74,723 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
54
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - New construction fourplex in Edinburg near UTRGV.
Where is this quadplex located?
The property is located at 201 W St. Helena Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $486,999.
What are key features of this property?
This property features: Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.; Almost new construction (built in 2022).; FHA‑eligible due to one vacant unit.
