12-Unit Townhouse
For Sale
$2,500,000
3900 W Daffodil Avenue McAllen, McAllen, TX 78501
Each residence offers a three-bedroom layout, private garage, back porch, and access to shared parking.
Property Size20,244 SF
Lot Size1.35 Acres
Days on Market28
Property Features for 3900 W Daffodil Avenue McAllen
General Information
Standard status
Active
Size
20,244 SF
Lot size
1.35 Acres
Property subtype
Multi Family
Units
Unit Mix
12 x 3BR/2.5BA
Multifamily Units
12
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$48,271
Amenities
balconies
back porch
walk-in closet
granite countertops
standing showers
stainless steel appliances
laminated wood floors
tile flooring
washer/dryer hookup
Building Details
Building Size
20,244 SF
Year Built
2013
Buildings
2
Listing Agency:
eXp Realty LLC
Listed By:
Chia Chiang · License #801069005
(956) 534-8771
Source:
Primeluxuryrealestate
Added: Sep 28
Changed: Oct 11
Last Checked: Oct 24 at 11:02PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 12-residence townhouse property was built in 2013 on 1.35 acres as an enclosed community. The homes share the same layout, with four featuring second-floor balconies. Each residence has 1,687 SF of living area, three bedrooms, two full bathrooms, a half bath, and a one-car garage. Living, dining, and kitchen areas occupy the first floor; bedrooms and full bathrooms are upstairs. Finishes include tile downstairs, laminated wood flooring on the second level, and granite countertops. Kitchen appliances include a refrigerator, stove, dishwasher, and microwave. Each home also has a back porch, with washer and dryer hookups in the garage.
The property is near the McAllen convention center, Highway 2, restaurants, shopping centers, and grocery stores. Common parking serves the community.
The property is near the McAllen convention center, Highway 2, restaurants, shopping centers, and grocery stores. Common parking serves the community.
Key Highlights
- 12 townhouses on a 1.35‑acre enclosed community site
- Each residence has 1,687 SF of living area, three bedrooms, 2.5 bathrooms, and a one‑car garage
- Four homes have second‑floor balconies; each residence includes a back porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,109
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,362,180
$3.4M
Cap Rate 7%
$2,401,557
$2.4M
Cap Rate 9%
$1,867,878
$1.9M
Market Conditions
NOI Build-Up for 20,244 SF
Gross rent
$328.0K $16.20/SF
− Vacancy
−$22.3K −$1.10/SF
EGI
$305.7K $15.10/SF
− OpEx
−$137.5K −$6.79/SF
NOI
$168.1K $8.30/SF
Area
McAllen, TX
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,362,180
Cap Rate 7%
$2,401,557
Cap Rate 9%
$1,867,878
Alternative Uses
Best Use
Apartment 5plus
$2.40M
$2.10M – $2.80M
NOI $168,109 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.50M
$4.81M – $6.41M
NOI $384,798 @ 7.0% cap · market cap 15.39%
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
Lease Details
12
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
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
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence offers a three-bedroom layout, private garage, back porch, and access to shared parking.
Where is this apartment building located?
The property is located at 3900 W Daffodil Avenue McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 12 townhouses on a 1.35‑acre enclosed community site; Each residence has 1,687 SF of living area, three bedrooms, 2.5 bathrooms, and a one‑car garage; Four homes have second‑floor balconies; each residence includes a back porch
