McAllen, Texas
905 Myrtle Beach Avenue
McAllen, TX 78503
$525,000
- Beds
- N/A
- Baths
- N/A
- Square feet
- 4,320
- Lot
- 0.24 acres
- Year built
- 2018
- Type
- Multi-family
- Status
- For Sale
- MLS #
- 508028
Mortgage estimate
$3,817/ month
20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.
Adjust the estimateEstimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.
About this home
7.6% CAP RATE | Fully Stabilized Fourplex. Turnkey income opportunity in The Heights at McColl, one of central McAllen's most desirable rental pockets. All four units are leased and performing, delivering immediate, predictable cash flow with proven tenant demand and minimal vacancy risk. Each unit is individually metered for electric and water, keeping utility costs off the owner's ledger and protecting margins. Built in 2018 and spanning 4,320 sq ft, this is low-maintenance, near-new construction priced for stability and long-term appreciation. Units feature durable porcelain tile, ceiling fans, in-unit washer/dryer connections, and gas and electric ranges, finishes that lease quickly and reduce turnover. Set in a clean, gated community with strong pride of ownership and direct access to major McAllen corridors. An ideal addition for any investor seeking a recession-resistant, cash-flowing asset with built-in upside. Rent roll and financials available on request.
Features
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