Under-Construction
For Sale
$559,000
12504 N 39th Street, Edinburg, TX 78541
MULTI_FAMILY - Edinburg, TX
Property Size4,180 SF
Lot Size0.24 Acres
Price / SF$133.73
Days on Market54
Property Features for 12504 N 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking
2
Parking features
None
Patio and Porch features
Patio
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
El Dorado At Thousand Oaks
Lot features
Cul-De-Sac, Sidewalks
Elementary school
Hendricks
Middle school
Fossum
High school
Rowe H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Travel west on University from highway 69, go north on Ware Rd., Rigth on Verde Ave., right on 39th Lane, left on Ventura Rd., and right on 39th Street, Property will be on left on Cul-du-sac.
Standard status
Active
APN
E505300003001100
Size
4,180 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2297
HOA Fee
$500 Annually
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez
(956) 599-8400
Added: Jun 12
Changed: Jul 29
Last Checked: Aug 4 at 7:06AM
MLS# 506993
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Under construction quadplex at 12504 N 39th Street, Edinburg, TX, featuring four units with a 3-bedroom, 2-bath layout. The design includes an open-concept floor plan with contemporary finishes, including quartz countertops, white tile flooring, and bright, functional living spaces. Each unit is equipped with a washer and dryer for everyday convenience.
The property is set on a 0.2387-acre lot and totals 4,180 square feet. Construction materials include stucco, with a composition roof. Central heating and central air provide year-round comfort, and the units include patios. Utilities include public water. Parking is listed as none.
Built in 2026, this quadplex is currently under construction, offering a newer-build configuration for an owner looking for a multi-unit rental setup.
The property is set on a 0.2387-acre lot and totals 4,180 square feet. Construction materials include stucco, with a composition roof. Central heating and central air provide year-round comfort, and the units include patios. Utilities include public water. Parking is listed as none.
Built in 2026, this quadplex is currently under construction, offering a newer-build configuration for an owner looking for a multi-unit rental setup.
Key Highlights
- Four 3‑bedroom, 2‑bath units in a quadplex
- 0.2387‑acre lot and 4,180 square feet
- Under construction with 2026 year built
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $56.1k | $13.42 |
| − OpEx | −$16.8k | −$4.03 |
| NOI | $39.3k | $9.39 |
4,180 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$561.0K
$490.9K – $654.5K
NOI $39,268 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K
NOI $35,092 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.08M
$949.0K – $1.27M
NOI $75,922 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Under construction quadplex with four 3-bedroom, 2-bath units and central heating and cooling.
Where is this quadplex located?
The property is located at 12504 N 39th Street Edinburg, TX.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Four 3‑bedroom, 2‑bath units in a quadplex; 0.2387‑acre lot and 4,180 square feet; Under construction with 2026 year built
