500 N Emerald AVE, Edinburg, TX 78541
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500 N Emerald AVE, Edinburg, TX 78541
500 N Emerald AVE, Edinburg, TX 78541
500 N Emerald AVE, Edinburg, TX 78541
500 N Emerald AVE, Edinburg, TX 78541
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Anthony Espinoza

Anthony Espinoza

+1(956) 530-4000
Listed by Texas Landmark Realty LLC
$ 510,000
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500 N Emerald AVE Edinburg, TX 78541

4,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Subdivision Gem Estates

MLS Listing ID 519510

HOA Fees $650/ann

HOA Y/N Yes

Year Built 2025

Annual Tax Amount $1

Tax Year 2024

Lot Size 9,844 Sqft

Acres 0.226

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Add your sellers concessions to this price! Units appraised at $530,000! Up to 10,000 you can add 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, providing tenants with added outdoor living space. 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.

Location

State TX

County Hidalgo

Community Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer

Laundry Laundry Closet, Washer/Dryer Connection

Exterior

Exterior Feature Other, Sprinkler System

Carport Spaces 8

Fence None

Community Features Sidewalks, Street Lights

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 8

Garage No

Building

Faces 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.

Story 1

Foundation Slab

Water Public

Structure Type Other,Stucco

New Construction No

Schools

Elementary Schools Cavazos

Middle Schools Longoria

High Schools Edinburg H.S.

Others

Tax ID TBD00005000

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500 N Emerald AVE