Fourplex with Private
New
For Sale
$510,000
2400 S Hillside Avenue, Edinburg, TX 78542
Residential Income, Edinburg, TX
Property Size4,184 SF
Lot Size0.24 Acres
Price / SF$121.89
Days on Market4
Property Features for 2400 S Hillside Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Parking
8
Parking features
Other
Patio and Porch features
Patio
Exterior features
Manual Gate, Sprinkler System
Fencing
Privacy, Gate
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Subdivision
Canton Hills Subdivision
Lot features
Curb & Gutters, Sidewalks, Sprinkler System
Elementary school
Cano-Gonzales
Middle school
Barrientes
High school
Edinburg H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Driving East on Canton, past Raul Longoria, left on S Hilltop Ave. Left on E Hillview Ave. Property will be on the left.
Standard status
Active
APN
V384300000002500
Size
4,184 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1300
HOA Fee
$600 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
private patios
Building Details
Year built
2026
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Preshina Samtani
(956) 460-7763
Added: Oct 22
Last Checked: Oct 25 at 12:06PM
MLS# 518445
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.
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Investment Insights
Based on property information with market context.
Under construction in Edinburg, this 4,184-square-foot fourplex is planned with four residences: two with three bedrooms and two with two bedrooms. Each unit has two bathrooms and a private patio. The property occupies 0.2403 acres and has stucco construction, a composition roof, privacy fencing, and a manual gate. Listed features include central electric heating and air conditioning, a sprinkler system, and a selection of household appliances.
The property is across from Los Lagos Golf Course and near Expressway 281, Walmart Supercenter, and UTRGV Stadium. Water service is public.
The property is across from Los Lagos Golf Course and near Expressway 281, Walmart Supercenter, and UTRGV Stadium. Water service is public.
Key Highlights
- Four units: two 3‑bedroom, 2‑bath residences and two 2‑bedroom, 2‑bath residences
- 4,184 square feet of living space on 0.2403 acres
- Private patio planned for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,306
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,120
$786.1K
Cap Rate 7%
$561,514
$561.5K
Cap Rate 9%
$436,733
$436.7K
Market Conditions
NOI Build-Up for 4,184 SF
Gross rent
$57.7K $13.80/SF
− Vacancy
−$1.6K −$0.38/SF
EGI
$56.2K $13.42/SF
− OpEx
−$16.8K −$4.03/SF
NOI
$39.3K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,120
Cap Rate 7%
$561,514
Cap Rate 9%
$436,733
Alternative Uses
Best Use
Multifamily LT 5
$561.5K
$491.3K – $655.1K
NOI $39,306 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$501.8K
$439.1K – $585.4K
NOI $35,126 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$1.09M
$949.9K – $1.27M
NOI $75,995 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
40
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The planned unit mix includes two- and three-bedroom residences, each with two bathrooms.
Where is this quadplex located?
The property is located at 2400 S Hillside Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Four units: two 3‑bedroom, 2‑bath residences and two 2‑bedroom, 2‑bath residences; 4,184 square feet of living space on 0.2403 acres; Private patio planned for each residence
