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Upscale Fourplex with Private Patios

3712 E Hillview Avenue Edinburg, TX 78542

Claim this Listing
For Sale
$485,000

MULTI_FAMILY - Edinburg, TX

Property size:
3,670 SF
Lot size:
0.24 Acres
Price / SF:
$132.15/SF
Added:
Jun 9, 2026
Days on Market:
36
Last Refresh:
Jul 14 at 5:06 am

Property Features for 3712 E Hillview Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking
6
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
Active
APN
V384300000000500
Size
3,670 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
2026
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition

Listing agent Preshina Samtani

Listing office Key Realty 4907 S Jackson Road, Edinburg, TX

Listing date Jun 9, 2026

MLS# 506646 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 fourplex is planned as an upscale, four-unit residential income property featuring a unit mix of two 3-bedroom, 2-bath units and two 1-bedroom, 1-bath units. The design includes modern interior finishes such as tile flooring and upgraded lighting fixtures, with private patios provided for each unit. The property is currently under construction.

Located at 3712 E Hillview Avenue in Edinburg, Texas, the property is described as being just minutes from Expressway 281. The listing notes close proximity to Walmart Supercenter, UTRGV Stadium, and Los Lagos Golf Course, with the golf course directly across from the site.

For tenants and owners looking for a straightforward rental mix, the layout supports both smaller and larger household needs through the 1-bedroom/1-bath and 3-bedroom/2-bath configurations. The listing also states estimated monthly rental income of approximately $1,000 for the 1-bedroom units and $1,350 for the 3-bedroom units, and that water and trash services are included. As a new construction fourplex, it may appeal to buyers seeking a modern, finish-forward residential asset with outdoor patio space for every unit.

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 $50.6k $13.80
− Vacancy −$1.4k −$0.38
EGI $49.3k $13.42
− OpEx −$14.8k −$4.03
NOI $34.5k $9.39
3,670 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$492.5K
$431.0K – $574.6K (±1% cap)
NOI $34,477 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$440.2K
$385.1K – $513.5K (±1% cap)
NOI $30,811 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$952.3K
$833.2K – $1.11M (±1% cap)
NOI $66,659 @ 7.0% cap · market cap 13.74%
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 - Four-unit rental property with modern finishes and private patios, currently under construction and planned near major shopping and recreation.
Where is this quadplex located?
The property is located at 3712 E Hillview Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $485,000.
Contact an agent
More about this property
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