2513 Beaumont AVE Mcallen, TX 78501
3,660 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,660 sqft
Subdivision Alta Mira
MLS Listing ID 490375
HOA Y/N No
Year Built 1971
Annual Tax Amount $6,555
Tax Year 2025
Lot Size 6,751 Sqft
Acres 0.155
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
ACTUAL PERFORMANCE:
• Gross Income: $82,563.24
• Net Operating Income: $55,623.24
• Operating in real time
Offered at approximately a 10% cap rate, this is a stabilized, cash-flowing asset — not a value-add or speculative play. New ownership steps into immediate income from Day 1 with systems and momentum already in place.
Prime location just 3 minutes from Downtown McAllen and 4 minutes from the McAllen Convention Center, driving consistent short-term rental demand.
Seller is willing to remain involved for up to 2 months post-closing (if buyer prefers) to assist with Airbnb transition and operational handoff, making this a true turnkey acquisition.
A worthy opportunity for any serious real estate investor.
Location
State TX
County Hidalgo
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Other
Cooling Window Unit(s)
Flooring Tile
Appliance Electric Water Heater, No Conveying Appliances
Laundry None
Exterior
Exterior Feature None
Fence Other
Community Features None
View Y/N No
Roof Type Composition Shingle
Garage No
Building
Faces Head WEST on Business 83 in McAllen towards N 23rd St. Turn SOUTH on N 23rd St then West on Beaumont Ave.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Thigpen-Zavala
Middle Schools Travis
High Schools Mcallen H.S.
Others
Tax ID A300000019001000
