3201 S 6th LN, Mcallen, TX 78503
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3201 S 6th LN, Mcallen, TX 78503
3201 S 6th LN, Mcallen, TX 78503
3201 S 6th LN, Mcallen, TX 78503
3201 S 6th LN, Mcallen, TX 78503
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Richard Ray

Richard Ray

+1(956) 672-7775
Listed by Fox Real Estate Pros
$ 570,000
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Active

3201 S 6th LN Mcallen, TX 78503

4,754 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,754 sqft

Subdivision La Paz

MLS Listing ID 510192

HOA Y/N No

Year Built 2025

Annual Tax Amount $13,523

Tax Year 2025

Lot Size 0.287 Acres

Acres 0.2869

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

RARE INVESTMENT OPPORTUNITY! One of the LARGEST FOURPLEXES currently available in the market, this NEW CONSTRUCTION 2025 multifamily property offers approximately 4,800 SF of living space featuring four spacious units, each with 3 BEDROOMS and 2 FULL BATHROOMS. Each thoughtfully designed unit features an OPEN-CONCEPT FLOOR PLAN, contemporary finishes, modern fixtures WITH SMART LED MIRRORS, quality materials, and energy-efficient construction designed for comfortable, low-maintenance living. A major advantage for investors—THREE UNITS ARE CURRENTLY LEASED, providing IMMEDIATE RENTAL INCOME from day one. Each unit is leased at $1,695 per month including utilities, generating approximately $6,780 in MONTHLY GROSS RENTAL INCOME, $81,360 annually, AND A 9% CAP RATE. Conveniently located in McAllen near major highways, shopping, dining, hospitals, schools, and everyday amenities, this property offers strong tenant appeal and long-term investment potential.

Location

State TX

County Hidalgo

Community Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Washer

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer

Laundry Laundry Area, Washer/Dryer Connection

Exterior

Exterior Feature Other

Carport Spaces 8

Fence Other

Community Features Street Lights

View Y/N No

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Cul-De-Sac

Faces From Expressway 83, take Exit 142 toward 10th Street. Turn right onto S 10th Street after Starbucks Coffee, then turn left onto Bales Road. Turn right onto S 6th Lane. The property will be located on the left.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stucco

New Construction No

Schools

Elementary Schools Fields

Middle Schools Travis

High Schools Mcallen H.S.

Others

Tax ID L168000000001100

Security Features Smoke Detector(s)

Richard Ray
Richard Ray

Agent License ID: 831528-SA

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

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3201 S 6th LN