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3201 S 6th Lane, McAllen, TX 78503

McAllen
Local realty services provided by:CENTURY 21 Johnston Company
3201 S 6th Lane,McAllen, TX 78503
$580,000
  • - Beds
  • - Baths
  • 4,754 sq. ft.
  • Multi-family
  • Active
Listed by: mary alshomaly
Office: fox real estate pros
MLS#:510192
Source:TX_GMAR

Price summary

  • Price:$580,000
  • Price per sq. ft.:$122

About this home

RARE INVESTMENT OPPORTUNITY! One of the LARGEST FOURPLEXES currently available in the market, this NEW CONSTRUCTION 2025 multifamily property offers approximately 4,800 SF of living space featuring four spacious units, each with 3 BEDROOMS and 2 FULL BATHROOMS. Each thoughtfully designed unit features an OPEN-CONCEPT FLOOR PLAN, contemporary finishes, modern fixtures WITH SMART LED MIRRORS, quality materials, and energy-efficient construction designed for comfortable, low-maintenance living. A major advantage for investors—ALL FOUR UNITS ARE CURRENTLY LEASED, providing IMMEDIATE RENTAL INCOME from day one. Each unit is leased at $1,495 per month, generating approximately $5,980 in MONTHLY GROSS RENTAL INCOME, $71,760 annually, AND A 9% CAP RATE. Conveniently located in McAllen near major highways, shopping, dining, hospitals, schools, and everyday amenities, this property offers strong tenant appeal and long-term investment potential.

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Home facts

  • Year built:2025
  • Listing ID #:510192
  • Added:1 day(s) ago
  • Updated:July 21, 2026 at 11:47 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Smooth
  • Living area:4,754 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Building area:4,754 sq. ft.
  • Lot Features:Cul-De-Sac
  • Construction Materials:Stucco
  • Exterior Features:Cul-De-Sac
  • Foundation Description:Slab

Schools

  • High school:Memorial H.S.
  • Middle school:De Leon
  • Elementary school:Milam

Utilities

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

Finances and disclosures

  • Price:$580,000
  • Price per sq. ft.:$122
  • Tax amount:$13,523

Features and amenities

  • Appliances:Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Laundry features:Dryer, Laundry Area, Washer, Washer/Dryer Connection
  • Amenities:Decorative/High Ceilings, Dryer, Street Lights

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