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Pending
    • Price cut: $13.5K (6/18)
    $519,500

    408 N Alexandrite Ave, Edinburg, TX 78541

    6beds
    4baths
    4,200sqft
    : 
    $3,914/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 2026
    -- sqft lot
    $518,400 Zestimate®
    $124/sqft
    $54/mo HOA

    What's special

    High-performing four-plex designed to attract quality tenants and maximize rental income. Spacious 3-bedroom, 2-bath units feature a premium upgrade package including ceiling-height pantries, two-tone cabinetry, center islands, 24x24 reflective ceramic tile, black plumbing fixtures, and upgraded designer lighting with statement chandeliers. Cathedral ceilings in living areas and 9-foot ceilings throughout create a bright, upscale feel that stands out in the rental market. Units include stainless steel kitchen appliances and glass shower enclosures, delivering a modern, low-maintenance product tenants are willing to pay more for. Ideally located just blocks from UTRGV with quick access to shopping, dining, and major roadways—an area with strong, consistent rental demand. Built for long-term durability, tenant retention, and above-average rents. Includes one-year structural warranty.
    134 days
    |
    54
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Irene Uribe Manrique de Lara 956-492-5638,

    Texas Landmark Realty Llc

    Source: Greater McAllen AOR,MLS#: 500074

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Microwave, Refrigerator, Stove/Range
      • Laundry: Laundry Closet, Washer/Dryer Connection
      Features
      • Ceiling Fan(s), High Ceilings
      • Flooring: Tile
      Interior area
      • Total structure area: 4,200
      • Total interior livable area: 4,200 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage Faces Front
      • Carport spaces: 6
      Features
      • Exterior features: Other, Sprinkler System
      • Fencing: None
      Lot
      • Size: 9,844 Square Feet
      Details
      • Additional structures: Outbuilding (None)
      • Parcel number: TBD00000300
      • Other equipment: 1 Year Warranty

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Other, Stucco
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Water: Public
      • Utilities for property: Internet Access, Cable Available
      Green energy
      • Energy efficient items: Other

      Community & HOA

      Community
      • Features: Sidewalks, Street Lights
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Gem Estates
      HOA
      • Has HOA: Yes
      • HOA fee: $650 annually
      • HOA name: Gem Estates Owners Association
      Location
      • Region: Edinburg

      Financial & listing details

      • Price per square foot: $124/sqft
      • Annual tax amount: $3,400
      • Date on market: 3/25/2026
      • Road surface type: Paved

        Estimated market value

        $518,400

        $492,000 - $544,000

        $1,326/mo

        Price history

        DateEventPrice
        7/18/2026Pending sale$519,500$124/sqft
        Source: Greater McAllen AOR #500074 Report a problem
        6/18/2026Price change$519,500-2.5%$124/sqft
        Source: Greater McAllen AOR #500074 Report a problem
        5/13/2026Price change$533,000-2%$127/sqft
        Source: Greater McAllen AOR #500074 Report a problem
        3/25/2026Listed for sale$543,900-0.2%$130/sqft
        Source: Greater McAllen AOR #500074 Report a problem
        3/25/2026Listing removed$545,000$130/sqft
        Source: Greater McAllen AOR #491064 Report a problem
        1/2/2026Listed for sale$545,000$130/sqft
        Source: Greater McAllen AOR #491064 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 78541

        Getting around

        25 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cavazos
        • Middle: Longoria
        • High: Edinburg H.S.
        • District: Edinburg ISD

        Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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