Updated Quadplex with New
For Sale
$329,000
411 Date Palm St, Donna, TX 78537
Multi-unit property with two-bedroom layouts and convenient access to schools, shopping, and Expressway 83.
Property Size3,402 SF
Price / SF$96.71
Days on Market18
Property Features for 411 Date Palm St
General Information
Standard status
Active
Size
3,402 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,000
Listing Agency:
Monarca Real Estate Group LLC
(956) 862-2964
Listed By:
Jisella Ortiz · License #0733033
(956) 862-2964
Source:
Exprealty
Added: Aug 13
Changed: Aug 21
Last Checked: Aug 29 at 2:41PM
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 Monarca Real Estate Group LLC
Investment Insights
Based on property information with market context.
This 3,402-square-foot quadplex in Donna features residences configured with two bedrooms and one bathroom each. A recently installed roof is a significant capital improvement to the building.
The property is located on Date Palm St with access to Expressway 83, nearby schools, and everyday shopping. Its multi-unit configuration and consistent floor-plan layout provide a straightforward residential income property format.
The property is located on Date Palm St with access to Expressway 83, nearby schools, and everyday shopping. Its multi-unit configuration and consistent floor-plan layout provide a straightforward residential income property format.
Key Highlights
- 3,402 SF quadplex in Donna, TX
- Each unit offers 2 bedrooms and 1 bathroom
- Recently installed roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,750
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$595,000
$595.0K
Cap Rate 7%
$425,000
$425.0K
Cap Rate 9%
$330,556
$330.6K
Market Conditions
NOI Build-Up for 3,402 SF
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.
Gross rent
$47.8K $14.04/SF
− Vacancy
−$5.3K −$1.55/SF
EGI
$42.5K $12.49/SF
− OpEx
−$12.8K −$3.75/SF
NOI
$29.8K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$595,000
Cap Rate 7%
$425,000
Cap Rate 9%
$330,556
Alternative Uses
Best Use
Multifamily LT 5
$425.0K
$371.9K – $495.8K
NOI $29,750 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$391.3K
$342.4K – $456.5K
NOI $27,391 @ 7.0% cap · market cap 8.33%
Theoretical Best
Hotel Hospitality
$2.56M
$2.24M – $2.99M
NOI $179,370 @ 7.0% cap · market cap 54.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
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 - Multi-unit property with two-bedroom layouts and convenient access to schools, shopping, and Expressway 83.
Where is this quadplex located?
The property is located at 411 Date Palm St Donna, TX.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 3,402 SF quadplex in Donna, TX; Each unit offers 2 bedrooms and 1 bathroom; Recently installed roof
