4-Unit Multifamily
For Sale
$485,000
5601 Puffin St, Edinburg, TX 78542
Four residential units are offered together at one Edinburg property.
Property Size4,035 SF
Price / SF$120.20
Days on Market16
Property Features for 5601 Puffin St
General Information
Standard status
Active
Size
4,035 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$11,797
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Preshina Samtani · License #617748
(956) 460-7763
Source:
Exprealty
Added: Sep 22
Changed: Oct 4
Last Checked: Oct 7 at 1:08PM
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 Key Realty
Investment Insights
Based on property information with market context.
This multifamily property contains four residential units at 5601 Puffin St in Edinburg, Texas. The units are offered together as a single property.
Key Highlights
- Four residential units at one property
- Located at 5601 Puffin St in Edinburg, TX
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,906
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,120
$758.1K
Cap Rate 7%
$541,514
$541.5K
Cap Rate 9%
$421,178
$421.2K
Market Conditions
NOI Build-Up for 4,035 SF
Gross rent
$55.7K $13.80/SF
− Vacancy
−$1.5K −$0.38/SF
EGI
$54.2K $13.42/SF
− OpEx
−$16.2K −$4.03/SF
NOI
$37.9K $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 Rate 5%
$758,120
Cap Rate 7%
$541,514
Cap Rate 9%
$421,178
Alternative Uses
Best Use
Multifamily LT 5
$541.5K
$473.8K – $631.8K
NOI $37,906 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$483.9K
$423.4K – $564.6K
NOI $33,875 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$1.05M
$916.1K – $1.22M
NOI $73,289 @ 7.0% cap · market cap 15.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
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 - Four residential units are offered together at one Edinburg property.
Where is this quadplex located?
The property is located at 5601 Puffin St 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: Four residential units at one property; Located at 5601 Puffin St in Edinburg, TX
