403 N ALEXANDRITE AVENUE, EDINBURG, TX 78541

Homes for sale in Edinburg.

Homes for sale in 78541.


Active

List Price$139,000

403 N Alexandrite Avenue

Edinburg, TX 78541

Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #511916

0.33

Acre

Lots / Land

Type

About This Property

This spacious multi-family lot at GEM ESTATES offers a prime opportunity for investors and developers looking to build in one of the area's most sought-after locations. Situated just minutes from The University of Texas Rio Grande Valley, the property is positioned to capture strong, consistent rental demand from both students and faculty. The surrounding area provides convenient access to shopping, dining, and entertainment, making it an attractive location for future residents and a strong long-term hold for investors. With modern infrastructure already in place and a rapidly growing community around it, GEM ESTATES represents a well-positioned entry point into the area's continued development. This is a solid opportunity to secure a lot in an emerging, high-demand corridor.

Property Features

Location Information

County

Hidalgo

Directions

Driving on 107, head North on McColl Rd. Subdivision will be at the SW corner of McColl and W Schunior St.

Subdivision

Gem Estates

Interior Features

Features

Sidewalks, Street Lights

Exterior Features

Possession

Closing and Funding

Lot Size in Acres

0.326

Water

Public, Sharyland WSC

Lot Size in Sq. Ft.

14,205

Utilities

Electricity Connected, Sewer Connected

Present Use

Multi-Family

Utilities On Site

true

Possible Best Use

Residential

Crops

None

Road Description

Paved

Fencing

None

Road Frontage

City Street

School

Elementary School District

Edinburg ISD

Middle School

Longoria

Elementary School

Cavazos

High School

Edinburg H.S.

Additional Information

Property Type

LL

HOA Fee

$650

Property SubType

Residential Lot

HOA Frequency

Annually

APN

G291000000002500

Taxes

1

Status

Active

Tax Year

2024

Similar Listings

Mortgage Calculator

$647

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$500

Monthly Tax

$115

Monthly Insurance

$32

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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