Edinburg Fourplex with Seller
For Sale
Contact for pricing
2905 Javalina Avenue, Edinburg, TX 78542
Well-maintained fourplex in Edinburg near hospitals, shopping, and schools.
Property Size4,232 SF
Price / SF$122.76
Days on Market882
Property Features for 2905 Javalina Avenue
General Information
Standard status
Active
Size
4,232 SF
Total Parking Spaces
8
Property subtype
Multifamily
Building Details
Year Built
2017
Buildings
2
Units
4
Listing Agency:
Fox Real Estate Pros
Listed By:
Nick Cantu
Source:
Crexi
Added: Apr 2, 2024
Changed: Aug 24
Last Checked: Aug 29 at 6:52AM
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 Fox Real Estate Pros
Investment Insights
Based on property information with market context.
This well-maintained fourplex is located in Edinburg. The property offers seller assistance toward buyer’s closing costs or rate buy-down. Its location provides convenient access to major hospitals, shopping centers, schools, and restaurants. The property size is 4232 square feet.
Key Highlights
- Seller assistance towards buyer’s closing costs or rate buy‑down.
- Fourplex property suitable for owner‑occupancy or investment.**
- Built in 2017, indicating relatively modern construction.
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
$39,757
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
7.65%
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%
$795,140
$795.1K
Cap Rate 7%
$567,957
$568.0K
Cap Rate 9%
$441,744
$441.7K
Market Conditions
NOI Build-Up for 4,232 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
$58.4K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$56.8K $13.42/SF
− OpEx
−$17.0K −$4.03/SF
NOI
$39.8K $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%
$795,140
Cap Rate 7%
$567,957
Cap Rate 9%
$441,744
Alternative Uses
Best Use
Multifamily LT 5
$568.0K
$497.0K – $662.6K
NOI $39,757 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$507.6K
$444.1K – $592.2K
NOI $35,529 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$1.10M
$960.8K – $1.28M
NOI $76,867 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
20
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex in Edinburg near hospitals, shopping, and schools.
Where is this quadplex located?
The property is located at 2905 Javalina Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $519,500.
What are key features of this property?
This property features: Seller assistance towards buyer’s closing costs or rate buy‑down.; Fourplex property suitable for owner‑occupancy or investment.**; Built in 2017, indicating relatively modern construction.
