500 Alexandrite AveLinn, TX 78541

Property Details for 500 Alexandrite Ave

Year built

2025

Property size (Sq ft)

4,200 SF

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

Exceptional investment opportunity: a brand-new, four-unit apartment building located at 500 N Alexandrite Avenue, Edinburg, Texas, 78541. This property boasts a total of 4,200 square feet across two buildings situated on a spacious 9,844.996 square foot lot. Completed in 2025, each of the four units features three bedrooms and two bathrooms, complete with private patios and sprinkler systems. Buyers can select their preferred kitchen, wall, and fixture colors from the builder's selections. The units include luxury custom kitchens with modern lighting, large walk-in closets in the master bedroom, and beautiful construction backed by a one-year structural warranty. Covered parking includes solar lights for low-maintenance operation. Individual units are responsible for their electricity, while the landlord covers the low water bill through North Alamo Water Supply. Based on comparable properties, projected rents range from $1300 to $1350 per month. This is a turnkey investment; no construction loan is needed, with final closing occurring upon final occupancy. The builder is FHA/VA approved. Note that some photos may depict upgrades from other builder projects. This property presents a compelling opportunity for immediate income generation and long-term appreciation in a thriving Texas market. Asking price: $539,500.

Location Insight

City

Linn

County

Hidalgo

State

Texas

Latitude

26.4853

Longitude

-98.2869

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].