New-Construction Fourplex with 3BR
12504 N 39th Street Edinburg, TX 78541
For Sale
$559,000
MULTI_FAMILY - Edinburg, TX
Property Size4,180 SF
Lot Size0.24 Acres
Price / SF$133.73
Days on Market49
Property Features for 12504 N 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
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
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
Utilities
Heating system
Central
Cooling system
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 Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez
(956) 599-8400
Added: Jun 12
Changed: Jul 29
Last Checked: Jul 30 at 7:06AM
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.
Investment Insights
Based on property information with market context.
This newly constructed fourplex offers four spacious 3-bedroom, 2-bath units. Each unit is laid out with an open-concept floor plan and contemporary finishes, including quartz countertops in the kitchen and white tile flooring. For day-to-day convenience, every unit includes its own washer and dryer.
The property is located at 12504 N 39th Street in Edinburg, Texas 78541, within Hidalgo County. The site covers 0.2387 acres and the total building size is 4,180 square feet.
As a residential income property, this configuration can appeal to investors seeking a small, multi-unit asset with multiple similar unit types. The combination of in-unit laundry and consistent layout features across all four units supports straightforward tenant appeal for renters who prefer a self-contained living setup.
The property is located at 12504 N 39th Street in Edinburg, Texas 78541, within Hidalgo County. The site covers 0.2387 acres and the total building size is 4,180 square feet.
As a residential income property, this configuration can appeal to investors seeking a small, multi-unit asset with multiple similar unit types. The combination of in-unit laundry and consistent layout features across all four units supports straightforward tenant appeal for renters who prefer a self-contained living setup.
Key Highlights
- Under construction, 2026‑built stucco fourplex
- Four spacious 3‑bedroom, 2‑bath units
- Central heating and central A/C
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 | $57.7k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $56.1k | $13.42 |
| − OpEx | −$16.8k | −$4.03 |
| NOI | $39.3k | $9.39 |
4,180 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four newly built three-bedroom, two-bath units with in-unit washer and dryer, designed for modern rental living.
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: Under construction, 2026‑built stucco fourplex; Four spacious 3‑bedroom, 2‑bath units; Central heating and central A/C
