Modern 4-Plex with Mixed
3905 Hawthorne Avenue Edinburg, TX 78539
3905 Hawthorne Avenue, Edinburg, TX, 78539
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For Sale
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Four residential units feature open living areas, tile flooring, and in-unit laundry, all within a gated community.
Property Size3,940 SF
Price / SF$123.10
Days on Market153
Property Features for 3905 Hawthorne Avenue
General Information
- Standard status
- Active
- Size
- 3,940 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2018
Listing agency
Accel Property Management & Investments, LLC
Listed by
Ann Anderson
Source
Crexi
Added: Feb 19 Updated: Jul 21 at 1:32PM Checked: Jul 21 at 1:32PM
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 Accel Property Management & Investments, LLC
Investment Insights
Based on property information with market context.
This modern 4-plex includes four residential units with a mix of layouts: two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one 3-bedroom/2-bath unit. Each unit features open living spaces with natural light, tile flooring throughout, and a kitchen with granite countertops and stainless steel appliances including a stove, microwave, and refrigerator. A washer and dryer are included in each unit, and the property also offers private backyard space for added outdoor room.
The property is located in a gated community identified as Sprague Village. The full address is 3905 Hawthorne Avenue, Edinburg, TX 78539.
The property is located in a gated community identified as Sprague Village. The full address is 3905 Hawthorne Avenue, Edinburg, TX 78539.
Key Highlights
- 2018‑built 4‑plex with a unit mix of 1BD/1BA, two 2BD/2BA units, and one 3BD/2BA unit
- Located in gated Sprague Village
- Units feature open living spaces with plenty of natural light
Local 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 | $54.4k | $13.80 |
| − Vacancy | −$1.5k | −$0.38 |
| EGI | $52.9k | $13.42 |
| − OpEx | −$15.9k | −$4.03 |
| NOI | $37.0k | $9.39 |
3,940 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K
NOI $37,014 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$472.5K
$413.5K – $551.3K
NOI $33,077 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$1.02M
$894.5K – $1.19M
NOI $71,563 @ 7.0% cap · market cap 14.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four residential units feature open living areas, tile flooring, and in-unit laundry, all within a gated community.
Where is this quadplex located?
The property is located at 3905 Hawthorne Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2018‑built 4‑plex with a unit mix of 1BD/1BA, two 2BD/2BA units, and one 3BD/2BA unit; Located in gated Sprague Village; Units feature open living spaces with plenty of natural light
