Edinburg Fourplex Investment
2613 S Hilltop Avenue, Edinburg, TX 78542
- Added:
- Apr 27, 2026
- Days on Market:
- 36
- Last Refresh:
- Jun 1 at 8:06 am
Property Features for 2613 S Hilltop Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 8
- Parking features
- Other
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
- Standard status
- Pending
- APN
- V384300000000700
- Size
- 4,150 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1300
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
- Composition
Listing agent Preshina Samtani (956) 460-7763
Listing office Key Realty 4907 S Jackson Road, Edinburg, TX (956) 627-7552
Listing date Apr 27, 2026
MLS# 480148
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
- Strong income‑producing asset with projected rental income of $1,175/month (2‑bedroom) and $1,350/month (3‑bedroom).
- High‑end fourplex featuring two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units.
- Ideally located blocks from Expressway 281, near Walmart Supercenter and UTRGV Stadium, and directly across from Los Lagos Golf Course.
- Features tile flooring, luxury lighting, and private patios for each unit.
- Total living space of 4,150 sq. ft.
- New construction (Year Built: 2025).
Overview
This fourplex in Edinburg, Texas, presents an investment opportunity. The property, currently under construction, contains two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, totaling 4,150 square feet of living space. Each unit features tile flooring, luxury lighting, and a private patio. The property is located blocks from Expressway 281, near the Walmart Supercenter and UTRGV Stadium, and directly across from Los Lagos Golf Course. The lot size is 0.2403 acres. Projected rental income is approximately $1,175 per month for the 2-bedroom units and $1,350 per month for the 3-bedroom units, with water and trash services included.
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 | $57.3k | $13.80 |
| − Vacancy | −$1.6k | −$0.38 |
| EGI | $55.7k | $13.42 |
| − OpEx | −$16.7k | −$4.03 |
| NOI | $39.0k | $9.39 |
4,150 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$557.0K
$487.3K – $649.8K
NOI $38,987 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$497.7K
$435.5K – $580.7K
NOI $34,840 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$1.08M
$942.2K – $1.26M
NOI $75,377 @ 7.0% cap · market cap 14.36%
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
- -98.128393
- Latitude
- 26.271029
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - High-end fourplex near Expressway 281 and Los Lagos Golf Course.
Where is this quadplex located?
The property is located at 2613 S Hilltop Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Strong income‑producing asset with projected rental income of $1,175/month (2‑bedroom) and $1,350/month (3‑bedroom).; High‑end fourplex featuring two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units.; Ideally located blocks from Expressway 281, near Walmart Supercenter and UTRGV Stadium, and directly across from Los Lagos Golf Course.
