Modern Four-Unit
New
For Sale
$680,000
4614 W Huckleberry Street, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size5,328 SF
Lot Size0.23 Acres
Price / SF$127.63
Days on Market3
Property Features for 4614 W Huckleberry Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
Other, Garage
Patio and Porch features
Patio
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
Atwood Village
Lot features
Curb & Gutters, Sidewalks, Sprinkler System
Elementary school
Flores-Zapata
Middle school
Longoria
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From Highway 107 go north on 10th street, turn west on Schunior Street, turn North on Clarence Drive, turn east on Burberry Street
Standard status
Active
APN
A635000000010900
Size
5,328 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12080
HOA Fee
$720 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
gated subdivision
Building Details
Year built
2023
Floors in Building
2
Number of units
4
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #TREC#0530155
(956) 821-9990
Added: Sep 23
Last Checked: Sep 25 at 7:06AM
MLS# 516109
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.
Investment Insights
Based on property information with market context.
This 2023 quadplex contains four residential units within a gated subdivision in Edinburg. Each unit offers 3 bedrooms, 2.5 bathrooms, an open-concept floor plan, a garage, and a patio. The 5,328-square-foot property sits on 0.2256 acres and features brick construction, composition roofing, central air, electric heating, and public water service.
Located at 4614 W Huckleberry Street, the property is near major roadways, shopping, dining, schools, and other Edinburg amenities. Unit appliances include electric ranges, refrigerators, microwaves, washers, dryers, and electric water heaters.
Located at 4614 W Huckleberry Street, the property is near major roadways, shopping, dining, schools, and other Edinburg amenities. Unit appliances include electric ranges, refrigerators, microwaves, washers, dryers, and electric water heaters.
Key Highlights
- Four‑unit quadplex completed in 2023
- Each unit includes 3 bedrooms and 2.5 bathrooms
- 5,328 square feet on a 0.2256‑acre lot
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
$50,053
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
7.36%
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%
$1,001,060
$1.0M
Cap Rate 7%
$715,043
$715.0K
Cap Rate 9%
$556,144
$556.1K
Market Conditions
NOI Build-Up for 5,328 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
$73.5K $13.80/SF
− Vacancy
−$2.0K −$0.38/SF
EGI
$71.5K $13.42/SF
− OpEx
−$21.5K −$4.03/SF
NOI
$50.1K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /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%
$1,001,060
Cap Rate 7%
$715,043
Cap Rate 9%
$556,144
Alternative Uses
Best Use
Multifamily LT 5
$715.0K
$625.7K – $834.2K
NOI $50,053 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$639.0K
$559.1K – $745.5K
NOI $44,730 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,774 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - 2023 multifamily property with spacious three-bedroom residences, attached garages, patios, and contemporary open layouts.
Where is this quadplex located?
The property is located at 4614 W Huckleberry Street Edinburg, TX.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Four‑unit quadplex completed in 2023; Each unit includes 3 bedrooms and 2.5 bathrooms; 5,328 square feet on a 0.2256‑acre lot
