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.
86 days
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Zillow last checked:
Listing updated:
Listed by:
Irene Uribe Manrique de Lara956-492-5638,
Texas Landmark Realty Llc
Source: Greater McAllen AOR,MLS#: 504530
Facts & features
Property
Features
Fencing: Privacy
Lot
Size: 9,940 Square Feet
Details
Parcel number: V3843000000024000
Utilities & green energy
Sewer: Public Sewer
Water: Public, North Alamo WSC
Utilities for property: Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.