McAllen, Texas
3201 6th Lane
McAllen, TX 78503
$520,000
- Beds
- N/A
- Baths
- N/A
- Square feet
- 4,754
- Lot
- 0.29 acres
- Year built
- 2025
- Type
- Multi-family
- Status
- Pending
- MLS #
- 510192
Mortgage estimate
$3,783/ 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
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.
Features
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