New Edinburg Fourplex Investment
2109 Viviana Street, Edinburg, TX 78504
MULTI_FAMILY - Edinburg, TX
Property size:
4,214 SFLot size:
0.23 AcresPrice / SF:
$126/SF- Added:
- Apr 13, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 1 at 12:06 pm
Property Features for 2109 Viviana Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 8
- Parking features
- Garage
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater, Water Heater (Programmable thermostat), Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- P925800000001200
- Size
- 4,214 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2101
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Gregory A Vasquez (956) 289-3288
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date Apr 13, 2026
MLS# 501200
Listing URL
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.
HighLights
- New construction fourplex (built in 2025) offering modern finishes and stylish fixtures.
- Income‑producing property: 3 of 4 units are currently leased at $3,950/month with potential gross of $5,200/month when fully leased.
- Prime location in Edinburg, TX with easy access to major roadways, shopping centers, grocery stores, and restaurants.
- Unit mix: Two 3‑bedroom, 2‑bathroom units and two 2‑bedroom, 2‑bathroom units.
- Includes essential appliances: Refrigerator, Stove/Range, Washer, and Dryer.
- Features central electric heating and cooling, and a patio.
Overview
This new construction fourplex in Edinburg, TX, presents an investment opportunity. The property is situated in a prime location with convenient access to major roadways, shopping centers, grocery stores, restaurants, and other everyday conveniences. The property has a total size of 4214 square feet and sits on a 0.23-acre lot. Each unit features modern finishes and stylish fixtures. The layout includes two units with 3 bedrooms and 2 bathrooms each, and two units with 2 bedrooms and 2 bathrooms each. Currently, three of the four units are leased, generating $3,950 per month. The fourth unit is vacant and offered at $1,250 per month, bringing the total gross potential to $5,200. This fourplex offers potential for consistent rental income due to its location, floor plans, and contemporary appeal.
Local 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 | $58.2k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $56.6k | $13.42 |
| − OpEx | −$17.0k | −$4.03 |
| NOI | $39.6k | $9.39 |
4,214 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$565.5K
$494.9K – $659.8K
NOI $39,588 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$505.4K
$442.2K – $589.6K
NOI $35,378 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.09M
$956.8K – $1.28M
NOI $76,540 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.145139
- Latitude
- 26.267767
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - New construction fourplex in a prime Edinburg location.
Where is this quadplex located?
The property is located at 2109 Viviana Street Edinburg, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: New construction fourplex (built in 2025) offering modern finishes and stylish fixtures.; Income‑producing property: 3 of 4 units are currently leased at $3,950/month with potential gross of $5,200/month when fully leased.; Prime location in Edinburg, TX with easy access to major roadways, shopping centers, grocery stores, and restaurants.
