Four-Unit Quadplex with Covered
New
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 Market3
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
(888) 519-7431
Listed By:
Israel Esquivel
Source:
Aregtx
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 11:11AM
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
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $13.80 |
| − Vacancy | −$956 | −$0.38 |
| EGI | $33.8k | $13.42 |
| − OpEx | −$10.1k | −$4.03 |
| NOI | $23.7k | $9.39 |
2,520 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
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
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 - 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
