New Edinburg Fourplex Investment
2109 Viviana Street Edinburg, TX 78504
2109 Viviana Street, Edinburg, TX, 78504
$535,000
Pending
For Sale
$535,000
Pending
MULTI_FAMILY - Edinburg, TX
Property Size4,214 SF
Lot Size0.23 Acres
Days on Market42
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
- Pending
- 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
- Electric (Heating), Central
- 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 Agency
BIG Realty
(956) 465-0011
4847 S Jackson Rd., Pharr, TX
Listed by
Gregory A Vasquez
(956) 289-3288
Added: Jun 5 Checked: Jul 16 at 10:06 pm
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
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.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
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.
