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613 S 12th Street

McAllen, TX 78501
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Just listedJust listed
3,343 Sqft
0.16 Lot Acres
Multi-Family

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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.

MLS#
GMARTX-501268
List Price
$389,000 ($116/Sqft.)
Listing Status
For Sale
Address
613 S 12th Street
City
McAllen
State
TX
Zip Code
78501
County
Hidalgo County
Subdivision
Mcallen Addition
Property Type
Multi-Family
Garages
1 / Appraisal District
Stories
2
Building Size
3,343 Sqft/Appraisal District
Year Built
1971 /Appraisal District
Lot Size
0.16 Lot Acres/Appraisal District

Exterior

Roof
Shingle
Exterior Type
Block, Siding
Parking
Garage, Other
Fencing
Chain Link
Dock
Yes

Interior

Cooling
Window Unit(s), Central Air
Heating
Central
Appliances
Electric Water Heater, Refrigerator, Stove/Range

Lot Information

Lot Size
0.16 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Greater McAllen Association of Realtors®
Source last updated Apr 16, 2026 at 02:20 PM
Listing last updated Apr 15, 2026 at 06:10 AM
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Know the property tax history and market value

Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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