2400 S Hillside Avenue, Edinburg, TX 78542
- $135,000
- List Price
- $135,000
- Status
- ACTIVE
- MLS#
- 504542
- Lot Size
- 9,939
- Acres
- 0.23
- Subdivision
- Canton Hills Subdivision
- MLS Area Major
- Edinburg
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.
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Additional Information
- Amenities
- Curbs, Gated, Street Lights
- Taxes
- $1,300
- HOA Fee
- $1,200
- HOA Frequency
- Annually
- School District
- Edinburg ISD
- Elementary School
- Cano-Gonzales
- Middle School
- Barrientes
- High School
- Edinburg H.S.
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Listing courtesy of Irene Uribe Manrique de Lara with Texas Landmark Realty Llc