New-Construction
For Sale
$559,000
12504 N 39th Street, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size4,180 SF
Lot Size0.24 Acres
Price / SF$133.73
Days on Market142
Property Features for 12504 N 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Parking
2
Parking features
None
Patio and Porch features
Patio
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
El Dorado At Thousand Oaks
Lot features
Cul-De-Sac, Sidewalks
Elementary school
Hendricks
Middle school
Fossum
High school
Rowe H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Travel west on University from highway 69, go north on Ware Rd., Rigth on Verde Ave., right on 39th Lane, left on Ventura Rd., and right on 39th Street, Property will be on left on Cul-du-sac.
Standard status
Active
APN
E505300003001100
Size
4,180 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2297
HOA Fee
$500 Annually
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer and dryer
Building Details
Year built
2026
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: Jun 12
Changed: Oct 8
Last Checked: Oct 31 at 5:06PM
MLS# 506993
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.
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Investment Insights
Based on property information with market context.
Scheduled for completion in 2026, this 4,180-square-foot quadplex contains four three-bedroom, two-bath residences. Each unit is planned with an open layout, quartz kitchen countertops, white tile flooring, and patio space. Washer and dryer equipment is included in every residence, along with central heating and central air conditioning.
The property occupies 0.2387 acres at 12504 N 39th Street in Edinburg, Texas. Additional improvements include stucco construction, composition roofing, electric water heaters, electric smooth-top ranges, refrigerators, public water service, and on-site patios. The property is currently under construction and does not include designated parking features.
The property occupies 0.2387 acres at 12504 N 39th Street in Edinburg, Texas. Additional improvements include stucco construction, composition roofing, electric water heaters, electric smooth-top ranges, refrigerators, public water service, and on-site patios. The property is currently under construction and does not include designated parking features.
Key Highlights
- Four‑unit quadplex with four 3‑bedroom, 2‑bath residences
- 4,180 square feet on a 0.2387‑acre lot
- Under construction with a 2026 year built
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
22
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-unit residential property with contemporary interiors, private laundry equipment, and central HVAC throughout.
Where is this quadplex located?
The property is located at 12504 N 39th Street 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: Four‑unit quadplex with four 3‑bedroom, 2‑bath residences; 4,180 square feet on a 0.2387‑acre lot; Under construction with a 2026 year built
