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 Market927
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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: Oct 11
Last Checked: Oct 14 at 9:12PM
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 / Yr
$39,757
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
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
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.
