1 / 3016-Unit Multifamily in Edinburg, TX
Hidalgo County, TX · listed Jan 3, 2026 (298 days)
- $/unit
- $128,625
- ▲ 29% vs TX · 65th pct
- Cap rate
- —
- Gross yield
- 12.6%
- Units
- 16
- 8 bldg · 2026
Financials
- Asking price
- $2,058,000
- Price per unit
- $128,625
- Price per sq ft
- $122
- Gross rent / year
- $259,200avg rent × units
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 12.6%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 16
- Unit mix
- Not stated
- Buildings
- 8
- Year built
- 2026
- Building size
- 16,888 sq ft
- Avg unit size
- 1,056 sq ft
- Lot size
- 0.91 acres
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jan 3, 2026
- Days on market
- 298 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1577
About this property
Portfolio opportunity—four newly built fourplexes located on the same street at Canton Hills Subdivision, offering a total of sixteen (16) residential units. Each unit features a 3-bedroom, 2-bath layout with upscale finishes, including custom kitchens with pantries, chandeliers, designer color selections, tile flooring, and luxury lighting. The buildings offer over 4,200 square feet of living space per fourplex, with a balanced mix of showers and tubs to support long-term rental appeal. All units include private patios with sprinkler systems, individual electric meters, and on-site parking for up to eight vehicles per fourplex. Comparable properties in the area rental income of approximately $1,350 per unit, supporting strong income potential. The property is conveniently located just blocks from Expressway 281, near Walmart Supercenter, UTRGV Stadium, and across from Los Lagos Golf Course, offering excellent accessibility and proximity to major destinations.
Multifamily | 16 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Edinburg, TXStabilized | $2.9M | $104K$104K | — |
Edinburg, TXStabilized | $600K | $60K$60K | — |
| Edinburg, TX NewStabilized | $2.5M | $89K$89K | — |
Edinburg, TXStabilized | $1.46M | $121K$121K | — |
| Edinburg, TX NewOwner financingStabilized | $1.75M | $70K$70K | — |
Edinburg, TXStabilized | $895K | $112K$112K | — |



