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Upscale Fourplex Near Expressway 281

3710 E Hillview Avenue Edinburg, TX 78542

Claim this Listing
Pending
$475,000

MULTI_FAMILY - Edinburg, TX

Property size:
3,670 SF
Lot size:
0.24 Acres
Added:
Jun 13, 2026
Days on Market:
32
Last Refresh:
Jul 14 at 3:06 am

Property Features for 3710 E Hillview Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking
6
Parking features
Other
Patio and Porch features
Patio
Exterior features
Sprinkler System
Fencing
Privacy
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Standard status
Pending
APN
V384300000000400
Size
3,670 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1300

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Electric, 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 agent Preshina Samtani

Listing office Key Realty 4907 S Jackson Road, Edinburg, TX

Listing date Jun 13, 2026

MLS# 500919 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 fourplex offers an investment opportunity with a unit mix of two 3-bedroom, 2-bath units and two 1-bedroom, 1-bath units. The property is situated minutes from Expressway 281, near Walmart Supercenter and UTRGV Stadium, and directly across from Los Lagos Golf Course. The property includes approximately 3670 sq. ft. of living space and features modern finishes, including tile flooring, upgraded lighting fixtures, and private patios for each unit. Estimated rental income is around $1,000 per month for the 1-bedroom units and $1,350 per month for the 3-bedroom units, with water and trash services included. The property is currently under construction.

Key Highlights

  • Under construction 2026 fourplex with approx. 3,670 sq. ft. of living space
  • Unit mix: two 3‑bed, 2‑bath units and two 1‑bed, 1‑bath units
  • Appliances included: refrigerator, stove/range, microwave, washer and dryer

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 $50.6k $13.80
− Vacancy −$1.4k −$0.38
EGI $49.3k $13.42
− OpEx −$14.8k −$4.03
NOI $34.5k $9.39
3,670 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$492.5K
$431.0K – $574.6K (±1% cap)
NOI $34,477 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$440.2K
$385.1K – $513.5K (±1% cap)
NOI $30,811 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$952.3K
$833.2K – $1.11M (±1% cap)
NOI $66,659 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Fourplex with modern finishes, near Expressway 281 and UTRGV.
Where is this quadplex located?
The property is located at 3710 E Hillview Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Under construction 2026 fourplex with approx. 3,670 sq. ft. of living space; Unit mix: two 3‑bed, 2‑bath units and two 1‑bed, 1‑bath units; Appliances included: refrigerator, stove/range, microwave, washer and dryer
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