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2513 Beaumont Avenue, McAllen, TX 78501

McAllen
Local realty services provided by:CENTURY 21 Johnston Company
2513 Beaumont Avenue,McAllen, TX 78501
$449,000
  • - Beds
  • - Baths
  • 3,660 sq. ft.
  • Multi-family
  • Active
Listed by: cole carpenter
Office: svn | hanna solutions commercial real estate
MLS#:503482
Source:TX_GMAR

Price summary

  • Price:$449,000
  • Price per sq. ft.:$122.68

About this home

A renovated 5-unit short-term rental portfolio in McAllen's Medical Corridor, generating $82,563 in gross revenue and $55,623 NOI on FY 2025 actuals. The property totals 3,660 SF with a unit mix of (4) 2BR/1BA and (1) 1BR/1BA — all turnkey and actively income-producing. Airbnb with 300+ reviews, strong guest demand, and a proven operating history. At a 32.6% expense ratio this asset is priced well below replacement cost and delivers returns nearly double the Texas multifamily average. Located within 2 miles of Rio Grande Regional Hospital and South Texas Health System, demand is consistent and recurring.

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Home facts

  • Year built:1971
  • Listing ID #:503482
  • Added:140 day(s) ago
  • Updated:September 30, 2026 at 05:05 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater
  • Living area:3,660 sq. ft.

Heating and cooling

  • Cooling:Electric, Zoned
  • Heating:Electric, Zoned

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1971
  • Building area:3,660 sq. ft.
  • Exterior Features:Chain Link
  • Foundation Description:Slab

Schools

  • High school:McAllen H.S.
  • Middle school:Travis
  • Elementary school:Thigpen-Zavala

Utilities

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

Finances and disclosures

  • Price:$449,000
  • Price per sq. ft.:$122.68
  • Tax amount:$6,555

Features and amenities

  • Appliances:No Conveying Appliances
  • Laundry features:Washer/Dryer Connection

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