Four-Unit Quadplex with Covered
For Sale
$325,000
2707 Presidio Dr, Edinburg, TX 78539
Gated residential property featuring open-plan units, durable finishes, and established long-term occupancy.
Property Size2,520 SF
Price / SF$128.97
Days on Market94
Property Features for 2707 Presidio Dr
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Multi-Family
Building Details
Year Built
2001
Listing Agency:
eXp Realty LLC
Listed By:
Israel Esquivel
(956) 655-5715
Source:
Aregtx
Added: Aug 3
Changed: Oct 26
Last Checked: Oct 7 at 4:09PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
Built in 2001, this 2,520-square-foot quadplex contains four one-bedroom, one-bath units. Each residence is arranged with an open layout and finished with durable materials, while covered parking serves the property. The building is positioned within a gated community near an expressway, combining controlled access with convenient regional connectivity. Long-term renters are already in place, providing an established occupancy profile for the four-unit asset.
Key Highlights
- Four 1‑bed, 1‑bath units in a quadplex configuration
- 2,520 SF property built in 2001
- Covered parking provided for residents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,674
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,480
$473.5K
Cap Rate 7%
$338,200
$338.2K
Cap Rate 9%
$263,044
$263.0K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$34.8K $13.80/SF
− Vacancy
−$956 −$0.38/SF
EGI
$33.8K $13.42/SF
− OpEx
−$10.1K −$4.03/SF
NOI
$23.7K $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 Rate 5%
$473,480
Cap Rate 7%
$338,200
Cap Rate 9%
$263,044
Alternative Uses
Best Use
Multifamily LT 5
$338.2K
$295.9K – $394.6K
NOI $23,674 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$302.2K
$264.5K – $352.6K
NOI $21,156 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$653.9K
$572.1K – $762.9K
NOI $45,771 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
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Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Gated residential property featuring open-plan units, durable finishes, and established long-term occupancy.
Where is this quadplex located?
The property is located at 2707 Presidio Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four 1‑bed, 1‑bath units in a quadplex configuration; 2,520 SF property built in 2001; Covered parking provided for residents
