613 S 12th ST, Mcallen, TX 78501
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613 S 12th ST, Mcallen, TX 78501
613 S 12th ST, Mcallen, TX 78501
613 S 12th ST, Mcallen, TX 78501
613 S 12th ST, Mcallen, TX 78501
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Richard Ray

Richard Ray

+1(956) 672-7775
Listed by RE/MAX elite
$ 389,000
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613 S 12th ST Mcallen, TX 78501

3,343 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,343 sqft

Subdivision Mcallen Addition

MLS Listing ID 501268

HOA Y/N No

Year Built 1971

Annual Tax Amount $7,689

Tax Year 2025

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Multi Family

Source Greater McAllen

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.

Location

State TX

County Hidalgo

Community Curbs, Other, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (Other)

Interior

Interior Features Other

Heating Central

Cooling Central Air, Window Unit(s)

Flooring Tile

Appliance Electric Water Heater, Refrigerator, Stove/Range

Laundry None

Exterior

Exterior Feature Other

Carport Spaces 1

Fence Chain Link, None, Other

Community Features Curbs, Other, Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Total Parking Spaces 1

Garage No

Building

Lot Description Alley, Curb & Gutters, Mature Trees, Sidewalks

Faces From Expressway North on 10th St, left on Galveston, right on S 12th St. Property will be on your right.

Story 2

Foundation Slab

Sewer City Sewer

Structure Type Block,Other,Siding

New Construction No

Schools

Elementary Schools Fields

Middle Schools Travis

High Schools Mcallen H.S.

Others

Tax ID M195000050001000

Nearby Locations

Richard Ray
Richard Ray

Agent | License ID: 831528-SA

+1(956) 672-7775 | richardraysellingsouthtexas@gmail.com

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613 S 12th ST