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613 S 12th

Mcallen, TX 78501
  • $389,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 501268
UPDATED: 4 min ago
$389,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,343
    SQFT
  • $116
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Prime investment opportunity in the heart of Downtown McAllen. This fully occupied 6-unit multifamily property delivers strong, stable income with nearly $4,000/month in rents and an estimated 7.7% cap rate at the current asking price. Located in the desirable 78501 zip code, this property sits just minutes from 10th St and Expressway 83, offering excellent accessibility for tenants and consistent rental demand. Units are well-maintained, leased, and ideal for long-term cash flow. Downtown McAllen continues to grow with nearby shopping, restaurants, City Hall, and major employment centers, making this a reliable addition to any portfolio. Whether expanding your holdings or entering the multifamily sector, this property provides immediate income, strong fundamentals, and unbeatable location convenience. Don’t miss this rare opportunity in one of McAllen’s most sought-after rental corridors.

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© 2026 Greater McAllen Association of Realtors Multiple Listing Service.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Pros. Data last updated: 2026-07-11T20:16:46.04.
www.foxrealestatepros.com/homes/174975177
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613 S 12th Mcallen, TX 78501

  • Price: $389,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 4 min ago
  • MLS #: 501268
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,343
SQFT
$116
$/SQFT
1971
Built
Neighborhood:
Mcallen Addition
County:
Hidalgo
Area:
Mcallen
Elementary School:
Fields
Middle School:
Travis
High School:
Mcallen H.S.
School District:
Mcallen ISD
Property Description
Prime investment opportunity in the heart of Downtown McAllen. This fully occupied 6-unit multifamily property delivers strong, stable income with nearly $4,000/month in rents and an estimated 7.7% cap rate at the current asking price. Located in the desirable 78501 zip code, this property sits just minutes from 10th St and Expressway 83, offering excellent accessibility for tenants and consistent rental demand. Units are well-maintained, leased, and ideal for long-term cash flow. Downtown McAllen continues to grow with nearby shopping, restaurants, City Hall, and major employment centers, making this a reliable addition to any portfolio. Whether expanding your holdings or entering the multifamily sector, this property provides immediate income, strong fundamentals, and unbeatable location convenience. Don’t miss this rare opportunity in one of McAllen’s most sought-after rental corridors.
Exterior Features

Carport Spaces 1 Carport YN Yes Construction Materials BlockOtherSiding Covered Spaces 1 Exterior Features Other Fencing Chain LinkNoneOther Foundation Details Slab Garage YN No Lot Features AlleyCurb & GuttersMature TreesSidewalks Other Structures Outbuilding (Other) Parking Features DetachedOther Garage or CarportGarage Faces Rear Parking Total 1 Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterRefrigeratorStove/Range Cooling Central AirWindow Unit(s) Cooling YN Yes Flooring Tile Heating Central Heating YN Yes Interior Features Other Laundry Features None

Property Features

Association YN No Community Features CurbsOtherSidewalksStreet Lights Green Energy Efficient Other Maintenance Expense 1000 Other Expense 6300 Property Sub Type Multi Family Sewer City Sewer Tax Annual Amount 7689 Tax Year 2025

Listing by Erasmo Arjona of Re/Max Elite: 956-583-2100.
© 2026 Greater McAllen Association of Realtors Multiple Listing Service.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Pros. Data last updated: 2026-07-11T20:16:46.04.
 
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