408 N Alexandrite Avenue Edinburg, TX $ 543,900
408 N Alexandrite Avenue
$ 543,900
Recently Listed New Construction
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408 N Alexandrite Avenue

Edinburg, TX, 78541
$ 543,900
Baths0.0 Sq 4,200

Monthly Estimate*

$ 3,349

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Studio

Multi-Family Home for sale in Edinburg, TX

for $543,900. This 4,200 square foot home was built in 2026 on a lot size of 0.226.

High-performing four-plex designed to attract quality tenants and maximize rental income. Spacious 3-bedroom, 2-bath units feature a premium upgrade package including ceiling-height pantries, two-tone cabinetry, center islands, 24x24 reflective ceramic tile, black plumbing fixtures, and upgraded designer lighting with statement chandeliers. Cathedral ceilings in living areas and 9-foot ceilings throughout create a bright, upscale feel that stands out in the rental market. Units include stainless steel kitchen appliances and glass shower enclosures, delivering a modern, low-maintenance product tenants are willing to pay more for. Ideally located just blocks from UTRGV with quick access to shopping, dining, and major roadways—an area with strong, consistent rental demand. Built for long-term durability, tenant retention, and above-average rents. Includes one-year structural warranty.

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Multi-Family Active

Price

$ 543,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,400

Style

Quadruplex

Lot Size

0.226

Year Built

2026

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

500074

Features
General
Utilities Internet Access Cable Available
Possession Closing and Funding
HOA Fee 650
Property Subtype Quadruplex
Tax Year 2025
Community Features Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA true
Subdivision Name Gem Estates
Status Active
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.
High School Edinburg H.S.
City Edinburg
High School District Edinburg ISD
Lot Size Units Square Feet
Lot Size Square Feet 9844.9956
Elementary School Cavazos
Tax Annual Amount 3400
Home Warranty Y/N false
Middle/Junior High School Longoria
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Edinburg ISD
Elementary School District Edinburg ISD
Legal Description Gem Estates Subdivision Lot 3
Freehold BBO VOW IDX
Property Condition New Construction
Living Area 4200
Cooling Central Air
Roof Composition Shingle
Appliances Electric Water Heater Microwave Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Other Stucco
Year Built 2026
Stories Count 1
New Construction true
Energy Efficient Other
Garage Y/N false
Carport Spaces 6
Carport Y/N true
Year Built Source Builder
Heating Central
Assoc Fee Paid Per Annually
Association Name Gem Estates Owners Association
Insurance Expense 2100
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Other Structures Outbuilding (None)
Association Amenities Property Owners' Assoc.
Gross Income 59500
MaintenanceExpense 2100
Number Of Units Total 4
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Interior
Interior Amenities Ceiling Fan(s) Decorative/High Ceilings
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Closet Washer/Dryer Connection
Furnished Y/N Unfurnished
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Exterior
Water Source Public
Lot Size Area 9844.9956
Lot Size Acres 0.226
Road Surface Type Paved
Irrigation Water Rights Y/N false
Fencing None
Exterior Amenities Other Sprinkler System
Parking Features Garage Faces Front
Total Parking 6
Foundation Details Slab
Building Area Total 4200
Covered Spaces 6
Pool YN false
Number of Separate Water Meters 1
Other Equipment 1 Year Warranty
Number of Buildings 2
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* Excluded Features
List By
Irene Uribe Manrique de Lara

Listing Agent

Texas Landmark Realty Llc

Broker

ireneuribe00@yahoo.com

Email

Affordability Calculator

$3,632
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,349
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048282 Elementary School
3057009 Middle School
Edinburg H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$543,900 Listed Price

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408 N Alexandrite Avenue, Edinburg, TX, 78541 is a Multi-Family Home for sale at $543,900 with 4,200 sqft and a lot size of 0.226. 408 N Alexandrite Avenue is a studio with 0.0 baths and was built in 2026. The property's zip code is 78541 which is in Edinburg, TX