New Edinburg Fourplex Investment Opportunity

2109 Viviana Street Edinburg, TX 78504

Claim this Listing
Pending
$535,000

MULTI_FAMILY - Edinburg, TX

Property size:
4,214 SF
Lot size:
0.23 Acres
Added:
Jun 5, 2026
Days on Market:
39
Last Refresh:
Jul 13 at 11:06 am

Property Features for 2109 Viviana Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking
8
Parking features
Garage
Patio and Porch features
Patio
Appliances
Electric Water Heater, Water Heater (Programmable thermostat), Dryer, Refrigerator, Stove/Range, Washer
Standard status
Pending
APN
P925800000001200
Size
4,214 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2101

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
Composition

Listing agent Gregory A Vasquez

Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

Listing date Jun 5, 2026

MLS# 501200 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.


Investment Insights

Based on property information with market context.

This new construction fourplex in Edinburg, TX, presents an investment opportunity. The property is situated in a prime location with convenient access to major roadways, shopping centers, grocery stores, restaurants, and other everyday conveniences. The property has a total size of 4214 square feet and sits on a 0.23-acre lot. Each unit features modern finishes and stylish fixtures. The layout includes two units with 3 bedrooms and 2 bathrooms each, and two units with 2 bedrooms and 2 bathrooms each. Currently, three of the four units are leased, generating $3,950 per month. The fourth unit is vacant and offered at $1,250 per month, bringing the total gross potential to $5,200. This fourplex offers potential for consistent rental income due to its location, floor plans, and contemporary appeal.

Key Highlights

  • New construction fourplex (built in 2025) offering modern finishes and stylish fixtures.
  • Income‑producing property: 3 of 4 units are currently leased at $3,950/month with potential gross of $5,200/month when fully leased.
  • Prime location in Edinburg, TX with easy access to major roadways, shopping centers, grocery stores, and restaurants.

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 $58.2k $13.80
− Vacancy −$1.6k −$0.38
EGI $56.6k $13.42
− OpEx −$17.0k −$4.03
NOI $39.6k $9.39
4,214 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$565.5K
$494.9K – $659.8K (±1% cap)
NOI $39,588 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$505.4K
$442.2K – $589.6K (±1% cap)
NOI $35,378 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.09M
$956.8K – $1.28M (±1% cap)
NOI $76,540 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - New construction fourplex in a prime Edinburg location.
Where is this quadplex located?
The property is located at 2109 Viviana Street Edinburg, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: New construction fourplex (built in 2025) offering modern finishes and stylish fixtures.; Income‑producing property: 3 of 4 units are currently leased at $3,950/month with potential gross of $5,200/month when fully leased.; Prime location in Edinburg, TX with easy access to major roadways, shopping centers, grocery stores, and restaurants.
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More about this property
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