Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2508 S Hillside Ave Edinburg, TX 78542

    Sponsored
    For Sale
    $525,000

    MULTI_FAMILY - Edinburg, TX

    Property size:
    4,150 SF
    Lot size:
    0.24 Acres
    Days on Market:
    145
    Last Refresh:
    Jan 30 at 3:06 am

    Property Features for 2508 S Hillside Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    APN
    V384300000003100
    Parking
    8
    Parking features
    Other
    Patio and Porch features
    Patio
    Exterior features
    Sprinkler System
    Fencing
    Privacy
    Appliances
    Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
    Size
    4,150 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    4
    Building materials
    Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Preshina Samtani

    Key Realty (956) 225-5295

    Listing agent Preshina Samtani (956) 460-7763

    Listing date Sep 8, 2025

    MLS# 473583 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.

    Learn more

    Overview

    Edinburg Fourplex Investment Opportunity

    This fourplex, located in Edinburg, Texas, presents an investment opportunity. The property contains two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. The fourplex has 4,150 square feet of total living space. Each unit features tile flooring, luxury lighting, and a private patio. The property is located blocks from Expressway 281, near the Walmart Supercenter and UTRGV Stadium, and directly across from Los Lagos Golf Course. The projected rental income is approximately $1,175 per month for the 2-bedroom units and $1,350 per month for the 3-bedroom units, with water and trash services included. Construction is scheduled to begin in July 2025. The lot size is 0.2403 acres.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.128393
    Latitude
    26.271029

    Nearby Similar for Sale

    • $2,000,000
      19,720 SF

      Edinburg Townhome Investment Opportunity

      Well-kept 17 townhomes near UTRGV, great investment potential.
      1814 E Iowa Rd, Edinburg, TX 78542
      View Details
    • $330,000
      2,320 SF

      Edinburg Duplex with New Roof

      Investment opportunity: duplex with new roof, fully fenced backyard.
      714 Jade St, Edinburg, TX 78541
      View Details
    • $368,000
      3,808 SF

      Edinburg Fourplex Near UTRGV

      Well-maintained fourplex in Edinburg near UTRGV and business centers.
      601 La Mancha Dr, Edinburg, TX 78541
      View Details
    • $999,000
      9,318 SF

      Edinburg Multifamily Investment Opportunity

      Multifamily complex in North Edinburg near UTRGV and shopping.
      3709 W Monte Cristo Rd, Edinburg, TX 78541
      View Details
    • $1,150,000
      13,884 SF

      Leased 12-Unit Edinburg Apartment Complex

      Fully leased apartment complex near UTRGV with recent updates.
      206 N Montevideo Ave, Edinburg, TX 78541
      View Details
    • $500,000
      6,048 SF

      Edinburg Multifamily Investment Opportunity

      Well-maintained six-unit complex near the University of Texas.
      3707 W Zelma St, Edinburg, TX 78541
      View Details
    • $515,000
      4,234 SF

      Edinburg Fourplex Near UTRGV

      Meticulously maintained fourplex near UTRGV with strong rental history.
      3420 Golden Nugget, Edinburg, TX 78541
      View Details
    • $420,000
      2,804 SF

      Fully Leased Multi-Unit Property

      Modern, well-maintained multi-family property near UTRGV with steady rental income.
      422 W Chavez St W, Edinburg, TX 78541
      View Details
    • $399,000
      3,944 SF

      Edinburg Fourplex Investment Opportunity

      Well-kept, fully leased fourplex near UTRGV with upside potential.
      613 La Mancha Dr, Edinburg, TX 78541
      View Details
    • $1,000,000
      6,100 SF

      Edinburg Commercial Investment Opportunity

      Income-producing property with drive-thru and event center in Edinburg.
      6918 N Terry Rd, Edinburg, TX 78542
      View Details
    • $3,990,000
      19,584 SF

      Versatile Industrial Property in Edinburg

      19,000+ sq ft building on 3.75+ acres in Edinburg.
      101 Pennzoil Loop S, Edinburg, TX 78542
      View Details
    • Contact for pricing
      155,000 SF

      Turnkey Twenty-Acre Plant Farm

      Operational nursery with greenhouses, storage, office, and irrigation system.
      5116 N Jackson Rd, Edinburg, TX 78541
      View Details

    FAQs

    What type of property is this?
    Quadplex - High-end fourplex near Expressway 281 and Los Lagos Golf Course.
    Where is this quadplex located?
    The property is located at 2508 S Hillside Ave Edinburg, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Strong income-producing fourplex with projected rental income.; - High-end fourplex featuring two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units.; - Ideally located blocks from Expressway 281, near Walmart Supercenter and UTRGV Stadium, and directly across from Los Lagos Golf Course.
    (956) 225-5295
    Request Owner's contact information
    2508 S Hillside Ave Edinburg, TX 78542
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2508 S Hillside Ave
    Edinburg, TX 78542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2508 S Hillside Ave Edinburg, TX 78542
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Preshina Samtani
    (956) 225-5295
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.