Edinburg Fourplex: Investment
201 W St. Helena Avenue Edinburg, TX 78541
For Sale
Contact for pricing
New construction fourplex in Edinburg near UTRGV.
Property Size4,114 SF
Price / SF$125.18
Days on Market864
Property Features for 201 W St. Helena Avenue
General Information
- Standard status
- Active
- Size
- 4,114 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2022
Listing Agency:
Encore Fine Properties
(956) 821-6170
Listed By:
Avinaash Buxani · License #TREC # 0712106
Source:
Crexi
Added: Mar 16, 2024
Changed: Jul 6
Last Checked: Jul 25 at 5:17AM
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 Encore Fine Properties
Investment Insights
Based on property information with market context.
This almost new construction fourplex in Edinburg, Texas, presents a great investment opportunity. The income-generating property features two units with 2 bedrooms and 2 bathrooms, and two units with 3 bedrooms and 2 bathrooms. The units feature an open concept with a living room space, a kitchen with quartz countertops, ceramic tile floors, and modern fixtures. The bedrooms are spacious. Carport spaces, private fencing, and landscaping are included. The property is located near UTRGV, shopping, restaurants, and a hospital. The Edinburg courthouse is nearby. One unit is currently vacant, making the property FHA-eligible. The property size is 4,114 square feet.
Key Highlights
- Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.
- Almost new construction (built in 2022).
- FHA‑eligible due to one vacant unit.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.8k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $55.2k | $13.42 |
| − OpEx | −$16.6k | −$4.03 |
| NOI | $38.6k | $9.39 |
4,114 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.1K
$483.1K – $644.1K
NOI $38,648 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$493.4K
$431.7K – $575.6K
NOI $34,538 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.07M
$934.0K – $1.25M
NOI $74,723 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - New construction fourplex in Edinburg near UTRGV.
Where is this quadplex located?
The property is located at 201 W St. Helena Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.; Almost new construction (built in 2022).; FHA‑eligible due to one vacant unit.
