Under-Construction
For Sale
$515,000
Pending
2104 E Viviana Street, Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
Property Size3,844 SF
Lot Size0.23 Acres
Days on Market50
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
Subdivision
Provence Ridge
Lot features
Curb & Gutters, Professional Landscaping, Sidewalks, Sprinkler System
Elementary school
Travis
Middle school
Barrientes
High school
Edinburg H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Head northeast on I-69C N. Take exit 4 toward Canton Rd/I Rd. Turn right onto E Wisconsin Rd. Turn left onto S Raul Longoria Rd. Destination will be on the left.
Standard status
Pending
APN
P925800000000000
Size
3,844 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9000
HOA Fee
$750 Annually
Utilities
Heating system
Central, Electric (Heating)
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
Listing Agency:
Veale Properties
(956) 897-0070
Listed By:
Carina Veale
(956) 607-8626
Added: Jun 13
Last Checked: Aug 1 at 7:06PM
MLS# 504476
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.
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.
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.
Key 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
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
NOI $36,112 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$461.0K
$403.4K – $537.9K
NOI $32,271 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$997.4K
$872.7K – $1.16M
NOI $69,819 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
