New construction
$525,000
8-Unit Multifamily in Hidalgo, TX
TX · listed Jun 5, 2026 (145 days)
Price per unit compared
This property$66K
Within ~40 mi (199)$82K
Texas median (1,196)$92K
- $/unit
- $65,625
- ▼ 29% vs TX · 27th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2 bldg · 2026
Financials
- Asking price
- $525,000
- Price per unit
- $65,625
- Price per sq ft
- $132
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- 2/2 and a 3/2
- Buildings
- 2
- Year built
- 2026
- Building size
- 3,986 sq ft
- Avg unit size
- 498 sq ft
- Lot size
- 0.25 acres
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 5, 2026
- Days on market
- 145 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1345
About this property
This 4-Plex is a charm. It is located in a fast-growing section of city of Hidalgo. Mostly all developed units have been leased as it is an area which is thirsting for family rentals. Under construction, 4 units on two buildings and a quarter acre lot. Each building has a 2/2 and a 3/2 to facilitate leasing of the units. Kitchen appliances (range and refrigerator) are included in the sale. Floors will be tiled with porcelain floors.
Multifamily | 8 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Stabilized | $495K | $83K$83K | — |
Stabilized | $760K | $84K$84K | 10.7%gy |
Stabilized | $798K | $100K$100K | 6.4% |
Mcallen, TXOwner financing | $700K | $88K$88K | — |
Stabilized | $520K | $65K$65K | 7% |
| $520K | $65K$65K | 7% |
