4-Unit Quadplex with Private
New
For Sale
$475,000
Pending
3708 E Hillview Avenue, Edinburg, TX 78542
Residential Income, Edinburg, TX
Property Size3,670 SF
Lot Size0.24 Acres
Days on Market5
Property Features for 3708 E Hillview 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
Sprinkler System
Fencing
Privacy
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
Pending
APN
V384300000000300
Size
3,670 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1300
HOA Fee
$750 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
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
Buildings
1
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Preshina Samtani
(956) 460-7763
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 26 at 5:06AM
MLS# 518436
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 for 2026, this 3,670-square-foot quadplex is planned with four residences: two units with three bedrooms and two bathrooms, plus two units with one bedroom and one bathroom. Each residence has a private patio. Interior features include tile flooring and upgraded lighting; the building also has central heating and air conditioning, stucco construction, and a composition roof.
The property occupies 0.2403 acres in Edinburg, with public water service. Expressway 281, Walmart Supercenter, UTRGV Stadium, and Los Lagos Golf Course are identified as nearby destinations. Water and trash service are included for the units.
The property occupies 0.2403 acres in Edinburg, with public water service. Expressway 281, Walmart Supercenter, UTRGV Stadium, and Los Lagos Golf Course are identified as nearby destinations. Water and trash service are included for the units.
Key Highlights
- Four‑unit configuration: two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
- 3,670 square feet on a 0.2403‑acre parcel
- Under construction; year built listed as 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,477
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,540
$689.5K
Cap Rate 7%
$492,529
$492.5K
Cap Rate 9%
$383,078
$383.1K
Market Conditions
NOI Build-Up for 3,670 SF
Gross rent
$50.6K $13.80/SF
− Vacancy
−$1.4K −$0.38/SF
EGI
$49.3K $13.42/SF
− OpEx
−$14.8K −$4.03/SF
NOI
$34.5K $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%
$689,540
Cap Rate 7%
$492,529
Cap Rate 9%
$383,078
Alternative Uses
Best Use
Multifamily LT 5
$492.5K
$431.0K – $574.6K
NOI $34,477 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$440.2K
$385.1K – $513.5K
NOI $30,811 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$952.3K
$833.2K – $1.11M
NOI $66,659 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The planned unit mix pairs larger three-bedroom homes with one-bedroom units, each with its own patio.
Where is this quadplex located?
The property is located at 3708 E Hillview Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four‑unit configuration: two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; 3,670 square feet on a 0.2403‑acre parcel; Under construction; year built listed as 2026
