8-Unit Multifamily in Edinburg, TX
Hidalgo County, TX · listed Jun 3, 2026 (147 days)
- $/unit
- $68,125
- ▼ 32% vs TX · 21st pct
- Cap rate
- 6.5%
- ▼ 0.8 pts vs TX median
- NOI
- $36K
- $4,453/unit/yr
- Units
- 8
- 2 bldg · 2023
Financials
- Asking price
- $545,000
- Price per unit
- $68,125
- Price per sq ft
- $136
- Gross rent / year
- Not stated
- Net operating income
- $35,624
- NOI per unit
- $4,453
- Cap rate
- 6.5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 2023
- Building size
- 4,020 sq ft
- Avg unit size
- 503 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 3, 2026
- Days on market
- 147 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1666
About this property
Modern style fourplex located in a gated subdivision for sale and is just minutes away from UTRGV campus! This fourplex has two units that are 2 Bedrooms and 2 Bathrooms and two units of 3 Bedrooms and 2 Bathrooms. Inside these units contain all tile floors, quartz countertops, washer, dryer, all stainless-steel kitchen appliances, and a back patio for each unit. If you are looking for a newer type of property where you know it is producing income at the time of purchase, then this modern fourplex can be the one for you. Do not buy a new fourplex; buy a resale fourplex where you will know what the market can bear and is producing income just like this one.
Why Buy New When You Can Buy Resale
Highlights
- All units are occupied
- Built in 2023
- Modern Style
- Two units 2 Bed 2 Bath
- Two units 3 Bed 2 Bath
- Each unit is approximately 1,005 Sq Ft
- Gated Community
- Generating Income at time of closing
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Edinburg, TXOwner financingStabilized | $420K | $84K$84K | — |
 Edinburg, TXStabilized | $545K | $68K$68K | 6.1% |
 Edinburg, TX▼ 5% cut | $475K | $79K$79K | — |
 Mcallen, TXStabilized | $525K | $53K$53K | — |
 Edinburg, TXValue-add | $850K | $106K$106K | — |
 Mcallen, TX | $720K | $72K$72K | 11.7%gy |