New-Construction Fourplex
For Sale
$559,000
12504 N 39th St, Edinburg, TX 78541
Four newly built 3-bedroom, 2-bath units with in-unit washer and dryer for tenant convenience.
Property Size4,180 SF
Price / SF$133.73
Days on Market142
Property Features for 12504 N 39th St
General Information
Standard status
Active
Size
4,180 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
2026
Listing Agency:
Keller Williams Realty RGV
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Source:
Aregtx
Added: Jun 16
Changed: Oct 26
Last Checked: Oct 7 at 4:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty RGV
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Investment Insights
Based on property information with market context.
This newly constructed fourplex offers four spacious 3-bedroom, 2-bath units, each laid out with an open-concept floor plan. Interiors feature contemporary finishes, including quartz countertops in the kitchen and white tile flooring, designed for bright, functional everyday living. For added convenience, every unit includes a washer and dryer.
The property is located at 12504 N 39th Street in Edinburg, Texas. As a residential income asset, the building is configured to operate as four separate rental units within one fourplex structure.
For buyers seeking a straightforward multi-unit setup, the unit mix supports a consistent floor plan across the property while providing modern in-unit amenities. The shared fourplex configuration can be attractive for hands-on or managed operations, with each tenant benefiting from dedicated washer and dryer access within the unit.
The property is located at 12504 N 39th Street in Edinburg, Texas. As a residential income asset, the building is configured to operate as four separate rental units within one fourplex structure.
For buyers seeking a straightforward multi-unit setup, the unit mix supports a consistent floor plan across the property while providing modern in-unit amenities. The shared fourplex configuration can be attractive for hands-on or managed operations, with each tenant benefiting from dedicated washer and dryer access within the unit.
Key Highlights
- New‑construction fourplex built in 2026 with four units
- Four spacious 3‑bedroom, 2‑bath units
- Open‑concept layouts with contemporary finishes throughout each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,268
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,360
$785.4K
Cap Rate 7%
$560,971
$561.0K
Cap Rate 9%
$436,311
$436.3K
Market Conditions
NOI Build-Up for 4,180 SF
Gross rent
$57.7K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$56.1K $13.42/SF
− OpEx
−$16.8K −$4.03/SF
NOI
$39.3K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,360
Cap Rate 7%
$560,971
Cap Rate 9%
$436,311
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.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four newly built 3-bedroom, 2-bath units with in-unit washer and dryer for tenant convenience.
Where is this quadplex located?
The property is located at 12504 N 39th St 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: New‑construction fourplex built in 2026 with four units; Four spacious 3‑bedroom, 2‑bath units; Open‑concept layouts with contemporary finishes throughout each unit
