2509 S Hilltop AVE new

Edinburg,TX 78542

$ 538900

- Bed

- Bath

4222 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,222 sqft

Price per Sqft $127

Subdivision The Villas On Canton

MLS Listing ID 471887

HOA Fees $100/ann

HOA Y/N Yes

Year Built 2024

Annual Tax Amount $1,300

Tax Year 2024

Lot Size 9,939 Sqft

Acres 0.2282

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Impressive 9.2% projected ROI rate at 20% down. Conveniently located blocks away from Expressway 281 and Wal Mart Super Center, UTRGV Stadium and in front of Los Lagos Golf Course. We present a unique opportunity to invest in a high-end fourplex, featuring four luxurious 3-bedroom, 2-bathroom units. Over 4,200 square feet of living space, with tile floors, luxury lighting, and a perfect mix of showers and tubs. Private patios equipped with sprinkler systems enhance the living experience. With comparable properties projecting rental income at $1300- $1,350 per unit with water and trash services are included, this property offers excellent returns. Additional amenities include individual electric meters for each unit, parking for 8 vehicles, Don't miss this exceptional opportunity to secure a premium rental income asset. Construction starts July 2025, extra discount with higher EM fee. Reserve yours with 5k and your lenders letter!

Location

State TX

County Hidalgo

Community Curbs,Gated,Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Built-in Features,Ceiling Fan(s),Decorative/High Ceilings,Microwave,Walk-In Closet(s)

Heating Central,Electric

Cooling Central Air,Electric

Flooring Tile

Equipment 1 Year Warranty

Appliance Electric Water Heater,Microwave,Refrigerator,Stove/Range

Laundry Laundry Closet,Washer/Dryer Connection

Exterior

Exterior Feature None

Carport Spaces 6

Fence Wood

Community Features Curbs,Gated,Street Lights

Utilities Available Internet Access,Cable Available

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Professional Landscaping,Sidewalks,Sprinkler System

Faces Driving East on Canton, past Raul Longoria, right on Links Dr.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stucco

New Construction Yes

Schools

Elementary Schools Cano-Gonzales

Middle Schools Barrientes

High Schools Edinburg H.S.

Others

Tax ID V384300000001200

Security Features Smoke Detector(s)

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