MULTIFAMILYRADAR
16-Unit Multifamily in Edinburg, TX, photo 11 / 30
High yieldNew construction
$2,058,000

16-Unit Multifamily in Edinburg, TX

Hidalgo County, TX · listed Jan 3, 2026 (298 days)

Price per unit compared
This property$129K
Within ~40 mi (169)$88K
Texas median (1,029)$100K
$/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.

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