11003 N 36th Lane, Mcallen, TX 78504
- $720,000
- 5,901
- SqFt
- List Price
- $720,000
- Price Change
- ▼ $20,000 1789154446
- Status
- ACTIVE
- MLS#
- 501168
- Living Area
- 5,901
- Lot Size (Acres)
- 0.3639
- Year Built
- 2023
- Hoa Yn
- Yes
- Hoa Fee
- $600
- Hoa Frequency
- Annually
Property Description
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.
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Additional Information
- Area
- Mcallen
- Subdivision
- Stonebriar At Trinity Oaks
- Stories
- 1
- Interior Features
- Ceiling Fan(s), Other, Walk-In Closet(s)
- Amenities
- Sidewalks
- Heating
- Central, Electric
- School District
- Sharyland ISD
- Elementary School
- Garza
- Middle School
- Sharyland North Junior
- High School
- Sharyland Pioneer H.S.
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Listing courtesy of Effective Real Estate.