12-Unit Townhouse
3900 W Daffodil, McAllen, TX 78501
For Sale
$2,400,000
Each residence offers a two-level layout with a private porch and an attached one-car garage.
Property Size20,244 SF
Price / SF$118.55
Days on Market47
Property Features for 3900 W Daffodil
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Exp Realty Llc
Listed By:
Chia Chiang · License TX #801069005
(956) 534-8771
Source:
Tnt
Added: Sep 28
Changed: Nov 12
Last Checked: Nov 10 at 5:59AM
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 2013, this 12-residence townhouse community is arranged across two buildings on 1.35 acres within an enclosed setting. Each home has 1,687 SF of living area, three bedrooms, two full bathrooms and a half bath. The first floor contains the living and dining areas, kitchen, half bath and entry; all bedrooms and full bathrooms are upstairs. Each residence also includes a 300 SF, one-car garage and a rear porch. Four homes have second-floor balconies. Tile flooring is used downstairs, with laminated wood flooring upstairs. Kitchens feature granite counters and stainless-steel refrigerators, ranges, dishwashers and microwaves.
The property is in McAllen, near the convention center, Highway 2, restaurants, shopping centers and grocery stores. Shared parking is available between the two buildings.
The property is in McAllen, near the convention center, Highway 2, restaurants, shopping centers and grocery stores. Shared parking is available between the two buildings.
Key Highlights
- 12 townhouses across two buildings on 1.35 acres
- Each home has 1687 SF of living area, 3 bedrooms and 2.5 bathrooms
- Four townhouses include second‑floor balconies; every residence has a back porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,109
Cap Rate
7.00%
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 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.50M
$4.81M – $6.41M
NOI $384,798 @ 7.0% cap · market cap 16.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,131
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
$149,000
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in McAllen, TX
Properties on Market for Apartment buildings in McAllen
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence offers a two-level layout with a private porch and an attached one-car garage.
Where is this apartment building located?
The property is located at 3900 W Daffodil McAllen, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 12 townhouses across two buildings on 1.35 acres; Each home has 1687 SF of living area, 3 bedrooms and 2.5 bathrooms; Four townhouses include second‑floor balconies; every residence has a back porch
