1 / 2511-Unit Multifamily in Edinburg, TX
Hidalgo County, TX · listed Nov 24, 2025 (337 days)
- $/unit
- $159,091
- ▲ 59% vs TX · 78th pct
- Cap rate
- 6.9%
- ▼ 0.4 pts vs TX median
- NOI
- $121K
- $10,973/unit/yr
- Units
- 11
- 1 bldg · 2018
Financials
- Asking price
- $1,750,000
- Price per unit
- $159,091
- Price per sq ft
- $84
- Gross rent / year
- Not stated
- Net operating income
- $120,705
- NOI per unit
- $10,973
- Cap rate
- 6.9%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 11
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 2018
- Building size
- 20,805 sq ft
- Avg unit size
- 1,891 sq ft
- Lot size
- 0.59 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Nov 24, 2025
- Days on market
- 337 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1876
About this property
Positioned along the rapidly growing South Sugar corridor in Edinburg, this three-story townhome-style multifamily property presents a rare opportunity to acquire a differentiated asset in a submarket dominated by conventional one-story fourplexes.
Unlike surrounding inventory, (address on request) Rd offers vertical, townhouse-style units that appeal to a higher-quality tenant profile seeking privacy, separation of space, and a single-family home feel within a rental format. This design advantage creates a clear path to rent premiums and long-term tenant retention.
While current financials may not reflect stabilized performance, the opportunity lies in repositioning rents to market levels and capitalizing on the property’s unique product type, strong location, and limited direct competition.
Located near major thoroughfares, retail corridors, and employment drivers, the asset benefits from continued population growth and housing demand in the Edinburg/McAllen MSA.
This is not a commodity multifamily deal—it is a strategic acquisition for investors seeking upside through differentiation rather than competing on cap rate alone.
Rare Townhome-Style Multifamily Asset | Edinburg, TX
Highlights
Irreplaceable Product Type
Three-story townhome-style units in a market saturated with single-story fourplexes
Clear Rental Upside
Layout and design support higher rents vs. traditional units with proper repositioning
Tenant Profile Upgrade Potential
Appeals to renters seeking a home-like environment, not typical apartment living
Limited Direct Competition
No comparable inventory nearby offering similar vertical living product
Strategic Location
High-visibility corridor with proximity to employment, retail, and commuter routes
Value-Add Without Heavy Renovation
Upside driven primarily by rent optimization and management strategy, not major capex
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Edinburg, TXStabilized | $400K | $50K$50K | — |
Edinburg, TX | $965K | $193K$193K | — |
Edinburg, TX▼ 2% cutStabilized | $600K | $100K$100K | 9.9%gy |
Edinburg, TXValue-add | $495K | $83K$83K | — |
Edinburg, TXStabilized | $500K | $63K$63K | — |
Donna, TXStabilized | $1.6M | $76K$76K | 7.6% |





