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    Under-Construction Fourplex Title is generated by Realmo AI

    2104 E Viviana Street, Edinburg, TX 78542

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    Claim this Listing
    For Sale
    $515,000

    MULTI_FAMILY - Edinburg, TX

    Property size:
    3,844 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $133/SF
    Added:
    Jun 1, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 11 at 11:06 am

    Property Features for 2104 E Viviana Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Parking
    8
    Patio and Porch features
    Patio
    Exterior features
    Sprinkler System
    Appliances
    Electric Water Heater, Water Heater (Programmable thermostat), Water Heater (Laundry Room), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
    Standard status
    Active
    APN
    P925800000000000
    Size
    3,844 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9000

    Utilities

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

    Building Details

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

    We can help!

    Listing Contact
    Carina Veale
    Carina Veale

    Listing agent Carina Veale

    Listing office Veale Properties 1604 N 8th Street, McAllen, TX

    Listing date Jun 1, 2026

    MLS# 504476 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.

    HighLights

    • Brand‑new fourplex under construction (year built 2025), with completion expected by end of May 2025
    • Unit mix: two 3‑bed/2‑bath units and two 2‑bed/2‑bath units
    • Appliances included with the sale: refrigerator, microwave, electric smooth cooktop/stove, washer and dryer
    • Electric central HVAC with central air and electric heating
    • Public water supply; sprinkler system and stucco exterior
    • Shingle roof with patio included

    Overview

    Newly constructed, currently under development, this fourplex is scheduled for completion by the end of May 2025. The property is comprised of four separate units within approximately 3,844 square feet, with a total lot size of about 0.2319 acres. Unit mix includes two units with three bedrooms and two bathrooms and two units with two bedrooms and two bathrooms. All appliances convey, including washer and dryer, supporting a move-in-ready setup once delivered.

    Situated in Edinburg, Texas, the fourplex is described as being blocks from UTRGV Vaquero Football Stadium. The offering also notes quick access to major roads and proximity to grocery stores, restaurants, and other local amenities.

    For buyers seeking a residential income asset, the configuration provides two distinct floorplan types across the four units, which can be useful for matching tenant needs while keeping the overall property footprint manageable. With appliances included and the project nearing delivery, an investor or operator may be able to plan for leasing immediately following completion. Please review the scope and timing details during due diligence to confirm delivery readiness and any final specifications.

    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 $53.0k $13.80
    − Vacancy −$1.5k −$0.38
    EGI $51.6k $13.42
    − OpEx −$15.5k −$4.03
    NOI $36.1k $9.39
    3,844 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $515.9K
    $451.4K – $601.9K (±1% cap)
    NOI $36,112 @ 7.0% cap · market cap 7.01%
    Second Best
    Apartment 5plus
    $461.0K
    $403.4K – $537.9K (±1% cap)
    NOI $32,271 @ 7.0% cap · market cap 6.27%
    Theoretical Best
    Office A
    $997.4K
    $872.7K – $1.16M (±1% cap)
    NOI $69,819 @ 7.0% cap · market cap 13.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.145486
    Latitude
    26.267359

    FAQs

    What type of property is this?
    Quadplex - Four-unit residential income property with a mix of 2BR/2BA and 3BR/2BA layouts, appliances included.
    Where is this quadplex located?
    The property is located at 2104 E Viviana Street Edinburg, TX.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: Brand‑new fourplex under construction (year built 2025), with completion expected by end of May 2025; Unit mix: two 3‑bed/2‑bath units and two 2‑bed/2‑bath units; Appliances included with the sale: refrigerator, microwave, electric smooth cooktop/stove, washer and dryer
    More about this property
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