About This Home
This 0-bedroom, 0-bathroom residential multi family at 11003 N 36th Lane in McAllen, TX is listed for $740,000 ($125 per sqft). Built in 2023, the home offers 5,901 sqft of living space on a 0.36 acres lot.
Key Features
- Built in 2023
- 0.36 acre lot
Property Details
Amenities
Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market. Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility.
All units are fully equipped with in-unit washer and dryer, stove, refrigerator, and microwave hood-an attractive feature that supports higher rental rates and tenant retention while minimizing future capital expenditures. Each unit includes a private patio with grass and sprinkler system, enhancing tenant appeal and overall property desirability.
Rear alley access with 11 parking spaces ensures ample parking, a key factor for tenant satisfaction and occupancy stability. low maintenance finishes, and strong rental demand in N McAllen, ideal turnkey property with immediate income and long-term appreciation potential.
Monthly Cost Estimate
$4,558/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11003 N 36th Lane
McAllen, TX 78504
Stonebriar At Trinity Oaks
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 11003 N 36th Lane is listed at $740,000 ($125/sqft). The estimated monthly payment is $4,558 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $600/month.
Key features include: Built in 2023, 0.36 acre lot.
This property is listed by Jenny I. Avellaneda and can be reached at 9562507556.
