2312 S Hillside Avenue, Edinburg, TX 78542

$135,000

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List Price
$135,000
Status
ACTIVE
MLS#
504530
Lot Size (Acres)
0.22820000000000001

Property Description

Exceptional opportunity to secure a fourplex lot in one of Edinburg’s fastest-growing corridors. Builder option for construction at $350,000 for the proposed plans. Just off Expressway 281 and next to Los Lagos Golf Course. Positioned near Walmart Super Center, UTRGV, hospitals, retail, and major traffic arteries — this location supports strong tenant demand and long-term appreciation. Sale Includes: Approved building plans, Permits ready to be picked up, Designed fourplex: ALL 3 bed / 2 bath units, Over 4,200 SF total living area. This is a rare chance to skip months of design and approval time and move straight into construction. Projected rental income at approximately $1,350 per unit (based on comparable nearby fourplexes, some already leased at this rate), offering strong cash flow potential from day one. Whether you are building to hold, refinance, or sell as a stabilized asset, this fourplex configuration is highly attractive for investors, and 1031 exchange purchasers.

Additional Information

Area
Edinburg
Subdivision
Canton Hills Subdivision
Taxes
$1,300
HOA Fee
$1,200
Amenities
Curbs, Gated, Street Lights
Utilities
Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected
Sewer
City Sewer
School District
Edinburg ISD
Elementary School
Cano-Gonzales
Middle School
Barrientes
High School
Edinburg H.S.

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Calculator source: Real Geeks

Listing courtesy of Irene Uribe Manrique de Lara with Texas Landmark Realty Llc