500 N EMERALD AVENUE, EDINBURG, TX 78541
Homes for sale in Edinburg.
Homes for sale in 78541.
List Price$529,500
500 N Emerald Avenue
Edinburg, TX 78541
Listing #509646
4,200
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
At full price seller is offering $7,000 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 with an irrigation sprinkler system, providing tenants with added outdoor living space. For added peace of mind, the 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.
Property Features
Location Information
County
Hidalgo
Directions
Head north on McColl. Passing 107 subdivision entrance will be to your left-hand side . Or turn left on Schunior and subdivision will be the first entrance to your left hand side.
Subdivision
Gem Estates
Interior Features
Interior
Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
Additional Equipment
1 Year Warranty
Heating
Central
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer
Cooling
Central Air
Total Number of Units
4
Floors
Tile
Features
Sidewalks, Street Lights
Laundry
Laundry Closet, Washer/Dryer Connection
Furnished
Unfurnished
Exterior Features
Is New Construction
Yes
Garage Spaces
0
Construction
Other, Stucco
Parking Spaces
6
Exterior
Other, Sprinkler System
Fencing
None
Foundation
Slab
Lot Size in Acres
0.226
Roof
Composition Shingle
Lot Size in Sq. Ft.
9,844
Possession
Closing and Funding
Condition
New Construction
Water
Public
Buildings
Outbuilding (None)
Utilities
Internet Access, Cable Available
Energy Features
Other
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Road Description
Paved
Parking Description
Garage Faces Front
School
Elementary School District
Edinburg ISD
Middle School
Longoria
Elementary School
Cavazos
High School
Edinburg H.S.
Additional Information
Property Type
RI
HOA Fee
$650
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2025
Taxes
1
APN
TBD00005000
Tax Year
2024
Status
Active
Square Feet Source
Blue Prints
Units in Complex
2
Similar Listings
Mortgage Calculator
$2,472
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,908
Monthly Tax
$441
Monthly Insurance
$123
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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