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Modern-Finish Quadplex
For Sale
$485,000
Pending

3712 E Hillview Avenue, Edinburg, TX 78542

Residential Income, Edinburg, TX

Property Size3,670 SF
Lot Size0.24 Acres
Days on Market128
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Property Features for 3712 E Hillview Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
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
Subdivision Canton Hills Subdivision
Lot features Curb & Gutters, Sidewalks, Sprinkler System
Elementary school Travis
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 V384300000000500
Size 3,670 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

Building Details

Year built 2026
Floors in Building 1
Number of units 4
Building materials Stucco
Roof type Composition
Listing Agency: Key Realty
Listed By: Preshina Samtani · License #617748
Added: Jun 10 Changed: Oct 7 Last Checked: Oct 15 at 5:06PM
MLS# 506646

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 3,670-square-foot quadplex at 3712 E Hillview Avenue is under construction and scheduled for completion in 2026. The planned unit mix includes two 3-bedroom, 2-bath residences and two 1-bedroom, 1-bath residences. Interior features include tile flooring and upgraded lighting, while each unit is designed with a private patio. The property also includes a privacy fence, sprinkler system, composition roof, stucco exterior, central electric heating, and central air conditioning.

The 0.2403-acre property is positioned directly across from Los Lagos Golf Course and near Walmart Supercenter and UTRGV Stadium. Expressway 281 is just minutes away, providing access to the surrounding area. Public water service and electric appliances are specified, including refrigerators, stoves/ranges, microwaves, washers, dryers, and electric water heaters.

Key Highlights

  • 3,670 square feet of living space
  • Unit mix includes two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • Under construction with a 2026 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,477
Cap Rate
7.11%
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 (±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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property under construction with private patios, upgraded lighting, and tile flooring throughout.
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.
What are key features of this property?
This property features: 3,670 square feet of living space; Unit mix includes two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; Under construction with a 2026 year built
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