$545,000
PENDING

708 N Alexandrite Ave Edinburg, TX 78541

Estimated payment $3,563/month

Total Views 6,433
-- Bed
-- Bath
4,000 Sq Ft
$136 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry closet
  • Central Heating and Cooling System
  • Trevino Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

Located in the heart of Edinburg, TX, this brand-new 4-plex offers a fantastic investment opportunity with modern finishes and prime location. The complex features spacious 2-bedroom units renting for $1,250 and 3-bedroom units for $1,350 providing high-quality living options for tenants. Each unit is designed with contemporary touches, including stylish countertops, sleek flooring, and updated appliances that are sure to attract prospective renters. Conveniently situated near local stores, restaurants, and essential services, residents will enjoy easy access to everything Edinburg has to offer. Whether you’re looking to expand your real estate portfolio or enter the rental market, this property is a must-see for savvy investors. With its excellent rental rates and desirable location, this 4-plex promises solid returns for years to come.

Listing Agent

Gema Hernandez

Fox Real Estate Pros Listed on: 03/26/2025

Fox Real Estate Pros

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Lot Details

  • 9,845 Sq Ft Lot
  • Wood Fence
  • Corner Lot

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Cavazos Elementary School
  • Longoria Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number G291000000001200

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Gem Estates Owners Association
  • Gem Estates Subdivision

Building Details

  • Insurance Expense $5,000
  • Maintenance Expense $2,000
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • 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.
  • Year Built: 2025
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.226
  • Road Surface Type: Paved
  • Subdivision Name: Gem Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Oven-Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4000

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Wood
  • Lot Features: Corner Lot
  • Home Warranty: No
  • Construction Type: Other, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: Gem Estates Owners Association
  • Association: Yes

Schools

  • Elementary School: Cavazos
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Longoria

Lot Info

  • Lot Size Sq Ft: 9844.9956
  • Parcel #: G291000000001200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 8
  • Annual Gross Income: 62400
  • Insurance Expense: 5000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $545,000 -- $136 / Sq Ft
Source: Greater McAllen Association of REALTORS®

About the Listing Agent

Gema Hernandez
Gema Hernandez

Fox Real Estate Pros

(956) 692-0097

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View Gema's Profile

Gema's Other Listings

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  • 700 N Alexandrite Ave, Edinburg, TX 78541

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    Located in the heart of Edinburg, TX, this brand-new 4-plex offers a fantastic investment opportunity with modern finishes and prime location. The complex features spacious 2-bedroom units renting for $1,250 and 3-bedroom units for $1,350 providing high-quality living options for tenants. Each unit is designed with contemporary touches, including stylish countertops, sleek flooring, and updated

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  • 604 N Onyx Ave, Edinburg, TX 78541

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  • 608 N Onyx Ave, Edinburg, TX 78541

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    Located in the heart of Edinburg, TX, this brand-new 4-plex offers a fantastic investment opportunity with modern finishes and prime location. The complex features spacious 2-bedroom units renting for $1,250 and 3-bedroom units for $1,350 providing high-quality living options for tenants. Each unit is designed with contemporary touches, including stylish countertops, sleek flooring, and updated

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  • 609 N Alexandrite Ave, Edinburg, TX 78541

    $135,000 Pending

    • Land
    • 0.22 Acre
    • $613,636 per Acre
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    Discover a fantastic opportunity in the brand-new GEM ESTATES subdivision! This spacious multi-family lot is perfect for investors or developers looking to build in a prime location. Situated near The University of Texas Rio Grande Valley, this property offers incredible rental potential for students and faculty alike. The area boasts convenient access to shopping, dining, and entertainment

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  • 402 N Alexandrite Ave, Edinburg, TX 78541

    $520,000 Pending

    • 3,850 Sq Ft
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  • 701 N Onyx Ave, Edinburg, TX 78541

    $539,000 Pending

    • 4,000 Sq Ft
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  • 1321 Joscelyn Dr, Edinburg, TX 78541

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  • 2315 Rudy Dr, Edinburg, TX 78541

    $258,000

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    • 2 Baths
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    Welcome to 2315 N Ruby St, a stunning 3-bedroom, 2-bath home that perfectly blends luxury and comfort in one of North Edinburg's most desirable neighborhoods. This beautifully crafted residence features a striking stucco and stone exterior, high decorative ceilings, custom built-ins, and built-in audio wiring throughout. The spacious layout offers a seamless flow, while the covered patio provides

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Source: Greater McAllen Association of REALTORS®

MLS Number: 466172

Greater McAllen Association of REALTORS®
Texas Hidalgo County Edinburg 78541

708 N Alexandrite Ave, Edinburg, TX

This home is located at 708 N Alexandrite Ave, Edinburg, TX 78541 and is currently priced at $545,000, approximately $136 per square foot. This property was built in 2025. 708 N Alexandrite Ave is a home located in Hidalgo County with nearby schools including Trevino Elementary School, B L Garza Middle School, and Edinburg North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Gema Hernandez
Gema Hernandez
Listing Agent Section Image
Fox Real Estate Pros
(956) 692-0097