Under-Construction
2104 E Viviana Street Edinburg, TX 78542
2104 E Viviana Street, Edinburg, TX, 78542
$515,000
Pending
For Sale
$515,000
Pending
MULTI_FAMILY - Edinburg, TX
Property Size3,844 SF
Lot Size0.23 Acres
Days on Market40
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
- Pending
- 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
- 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 Checked: Jul 22 at 4:06AM
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
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
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
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
