11003 N 36th Lane, McAllen, TX 78504

Local realty services provided by:CENTURY 21 Johnston Company
11003 N 36th Lane,McAllen, TX 78504
$740,000
  • - Beds
  • - Baths
  • 5,901 sq. ft.
  • Multi-family
  • Active
Listed by: jenny avellaneda
Office: effective real estate
MLS#:501168
Source:TX_GMAR

Price summary

  • Price:$740,000
  • Price per sq. ft.:$125.4
  • Monthly HOA dues:$50

About this home

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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Home facts

  • Year built:2023
  • Listing ID #:501168
  • Added:31 day(s) ago
  • Updated:May 10, 2026 at 03:08 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Microwave, Refrigerator, Stove/Range
  • Bedroom Description:Walk-In Closet(s)
  • Living area:5,901 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition Shingle
  • Year built:2023
  • Building area:5,901 sq. ft.
  • Lot Features:Sidewalks, Sprinkler System
  • Construction Materials:Stucco
  • Exterior Features:Patio Slab, Sidewalks, Sprinkler System
  • Foundation Description:Slab

Schools

  • High school:Sharyland Pioneer H.S.
  • Middle school:Sharyland North Junior
  • Elementary school:Garza

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$740,000
  • Price per sq. ft.:$125.4
  • Tax amount:$15,880

Features and amenities

  • Appliances:Microwave, Refrigerator, Stove/Range, Washer
  • Laundry features:Dryer, Laundry Closet, Washer, Washer/Dryer Connection
  • Amenities:Dryer, Sidewalks

Parking

  • Parking description:Garage Faces Rear