500 N Emerald Avenue, Edinburg, TX 78541

$529,500
4,200
SqFt

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List Price
$529,500
Status
ACTIVE
MLS#
509646
Living Area
4,200
Lot Size (Acres)
0.226
Year Built
2025
Hoa Yn
Yes
Hoa Fee
$650
Hoa Frequency
Annually

Property Description

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.

Additional Information

Area
Edinburg
Subdivision
Gem Estates
Stories
1
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
Amenities
Sidewalks, Street Lights
Exterior Features
Other, Sprinkler System
Heating
Central
School District
Edinburg ISD
Elementary School
Cavazos
Middle School
Longoria
High School
Edinburg H.S.

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Calculator source: Real Geeks

Listing courtesy of Texas Landmark Realty Llc.