New Construction
For Sale
$320,000
3716 E Hillview Avenue, Edinburg, TX 78542
Residential Income, Edinburg, TX
Property Size2,550 SF
Lot Size0.24 Acres
Price / SF$125.49
Days on Market43
Property Features for 3716 E Hillview Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Parking
4
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
Active
APN
V384300000000600
Size
2,550 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1300
HOA Fee
$300 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
2
Building materials
Stucco
Roof type
Composition
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Preshina Samtani · License #617748
(956) 460-7763
Added: Aug 5
Changed: Sep 5
Last Checked: Sep 16 at 9:06AM
MLS# 511434
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 2,550-square-foot duplex is under construction and is designed with two three-bedroom, two-bath residences. Each unit includes tile flooring, upgraded light fixtures, new appliances, and a private patio. The property will feature stucco construction, composition roofing, central air conditioning, electric heating, privacy fencing, and a sprinkler system. Water is supplied publicly, and the planned appliance package includes a refrigerator, stove/range, microwave, washer, dryer, and electric water heater.
The 0.2403-acre property is located at 3716 E Hillview Avenue in Edinburg, Texas. It is directly across from Los Lagos Golf Course and near a Walmart Supercenter, UTRGV Stadium, and Expressway 281. Completion is identified for 2026, providing a newly built residential income property with a two-unit configuration.
The 0.2403-acre property is located at 3716 E Hillview Avenue in Edinburg, Texas. It is directly across from Los Lagos Golf Course and near a Walmart Supercenter, UTRGV Stadium, and Expressway 281. Completion is identified for 2026, providing a newly built residential income property with a two-unit configuration.
Key Highlights
- Two 3‑bedroom, 2‑bath units within a 2,550‑square‑foot duplex
- Under construction with completion identified for 2026
- 0.2403‑acre property at 3716 E Hillview Avenue, Edinburg, TX 78542
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,956
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$479,120
$479.1K
Cap Rate 7%
$342,229
$342.2K
Cap Rate 9%
$266,178
$266.2K
Market Conditions
NOI Build-Up for 2,550 SF
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.
Gross rent
$35.2K $13.80/SF
− Vacancy
−$968 −$0.38/SF
EGI
$34.2K $13.42/SF
− OpEx
−$10.3K −$4.03/SF
NOI
$24.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$479,120
Cap Rate 7%
$342,229
Cap Rate 9%
$266,178
Alternative Uses
Best Use
Multifamily LT 5
$342.2K
$299.5K – $399.3K
NOI $23,956 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$305.8K
$267.6K – $356.8K
NOI $21,408 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$661.7K
$579.0K – $771.9K
NOI $46,316 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units with private patios, contemporary finishes, and separate household amenities.
Where is this duplex located?
The property is located at 3716 E Hillview Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units within a 2,550‑square‑foot duplex; Under construction with completion identified for 2026; 0.2403‑acre property at 3716 E Hillview Avenue, Edinburg, TX 78542
