500 N Emerald Avenue, Edinburg, TX 78541
- $519,700
- 4,200
- SqFt
- List Price
- $519,700
- Status
- ACTIVE
- Price Change
- ▼ $5,800 1787002217
- MLS#
- 509646
- Year Built
- 2025
- Living Area
- 4,200
- Lot Size
- 9,844
- Acres
- 0.23
- Subdivision
- Gem Estates
- MLS Area Major
- Edinburg
Property Description
Add your sellers concessions to this price! Units appraised at $530,000! Up to 10,000 you can add toward Buyer's closing costs, prepaid items, or interest rate buy-down, and Seller will also pay the Owner's Title Policy! This beautifully designed new-construction fourplex offers exceptional quality and investment potential. Each of the four units features 3 bedrooms, 2 bathrooms, and premium finishes throughout, including 24" x 24" neutral white porcelain tile, kitchens with full-height cabinetry and spacious pantries, stainless steel appliances, and a washer and dryer provided by a local vendor with a one-year parts and labor warranty. Every unit also includes a private fenced patio, providing tenants with added outdoor living space. Builder includes a one-year limited warranty covering the structure, HVAC system, and water heater. Based on comparable rental properties, projected monthly rents are approximately $1250-$1,350 per unit, making this an outstanding opportunity.
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Additional Information
- Amenities
- Sidewalks, Street Lights
- Interior Features
- Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
- Exterior Features
- Other, Sprinkler System
- Taxes
- $1
- HOA Fee
- $650
- HOA Frequency
- Annually
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 1
- Foundation
- Slab
- Parking Features
- Garage Faces Front
- School District
- Edinburg ISD
- Elementary School
- Cavazos
- Middle School
- Longoria
- High School
- Edinburg H.S.
Mortgage Calculator
Listing courtesy of Irene Uribe Manrique de Lara with Texas Landmark Realty Llc