905 E Myrtle Beach Avenue, Mcallen, TX 78503
- $535,000
- 4,320
- SqFt
- List Price
- $535,000
- Status
- ACTIVE
- MLS#
- 508028
- Living Area
- 4,320
- Lot Size (Acres)
- 0.2376
- Year Built
- 2018
Property Description
7.6% CAP RATE | Fully Stabilized Fourplex. Turnkey income opportunity in The Heights at McColl, one of central McAllen's most desirable rental pockets. All four units are leased and performing, delivering immediate, predictable cash flow with proven tenant demand and minimal vacancy risk. Each unit is individually metered for electric and water, keeping utility costs off the owner's ledger and protecting margins. Built in 2018 and spanning 4,320 sq ft, this is low-maintenance, near-new construction priced for stability and long-term appreciation. Units feature durable porcelain tile, ceiling fans, in-unit washer/dryer connections, and gas and electric ranges, finishes that lease quickly and reduce turnover. Set in a clean, gated community with strong pride of ownership and direct access to major McAllen corridors. An ideal addition for any investor seeking a recession-resistant, cash-flowing asset with built-in upside. Rent roll and financials available on request.
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Additional Information
- Area
- Mcallen
- Subdivision
- The Heights At Mccoll
- Taxes
- $14,378
- HOA Fee
- $600
- Stories
- 1
- Interior Features
- Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s)
- Amenities
- Gated
- Exterior Features
- Sprinkler System
- Heating
- Central
- Cooling
- Central Air
- Sewer
- City Sewer
- School District
- PSJA ISD
- Elementary School
- Palmer
- Middle School
- Kennedy
- High School
- PSJA H.S.
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Listing courtesy of Victor Fuentes with Big Realty