Six-Unit Apartment
New
For Sale
$1,300,000
Pending
3907&3901 N Raul Longoria Road N, San Juan, TX 78589
Commercial Sale, San Juan, TX
Property Size5,658 SF
Lot Size1.82 Acres
Days on Market2
Property Features for 3907&3901 N Raul Longoria Road N
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
12
Security features
Security System
Appliances
Electric Water Heater
Subdivision
John Closner
Directions
From Expressway 281 go North, pass Nolona rd, property will be to your right hand side.
Standard status
Pending
APN
J570000008001004,
Size
5,658 SF
Lot size
1.82 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
15430
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1984
Floors in Building
1
Building materials
Brick
Roof type
Shingle
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Victor Fuentes · License #801071391
(956) 432-1351
Added: Oct 31
Last Checked: Nov 1 at 6:06PM
MLS# 519086
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property includes six rental units, all currently leased, along with a guest house and a main building offering 2,394 square feet of living space. The 1.82-acre parcel also has road frontage. Built in 1984, the brick building has central heating and central air conditioning, with a shingle roof.
The property is on Raul Longoria Road in San Juan, Texas. Its residential improvements include the main building and separate guest house, while the leased units provide an existing rental component.
The property is on Raul Longoria Road in San Juan, Texas. Its residential improvements include the main building and separate guest house, while the leased units provide an existing rental component.
Key Highlights
- Six rental units are currently leased
- 1.82‑acre parcel with road frontage on Raul Longoria Road
- Main building includes 2,394 square feet of living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,555
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,100
$911.1K
Cap Rate 7%
$650,786
$650.8K
Cap Rate 9%
$506,167
$506.2K
Market Conditions
NOI Build-Up for 5,658 SF
Gross rent
$93.7K $16.56/SF
− Vacancy
−$10.9K −$1.92/SF
EGI
$82.8K $14.64/SF
− OpEx
−$37.3K −$6.59/SF
NOI
$45.6K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,100
Cap Rate 7%
$650,786
Cap Rate 9%
$506,167
Alternative Uses
Best Use
Apartment 5plus
$650.8K
$569.4K – $759.3K
NOI $45,555 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$4.26M
$3.73M – $4.97M
NOI $298,318 @ 7.0% cap · market cap 22.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
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 - A guest house and main residence accompany six leased rental units.
Where is this apartment building located?
The property is located at 3907&3901 N Raul Longoria Road N San Juan, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Six rental units are currently leased; 1.82‑acre parcel with road frontage on Raul Longoria Road; Main building includes 2,394 square feet of living space
