3201 S 6th Lane, McAllen, TX 78503
Local realty services provided by:CENTURY 21 Johnston Company
3201 S 6th Lane,McAllen, TX 78503
$520,000
- - Beds
- - Baths
- 4,754 sq. ft.
- Multi-family
- Pending
Listed by: mary alshomaly
Office: fox real estate pros
MLS#:510192
Source:TX_GMAR
Price summary
- Price:$520,000
- Price per sq. ft.:$109.38
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—THREE UNITS ARE CURRENTLY LEASED, providing IMMEDIATE RENTAL INCOME from day one. Each unit is leased at $1,695 per month including utilities, generating approximately $6,780 in MONTHLY GROSS RENTAL INCOME, $81,360 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.
Contact an agent
Home facts
- Year built:2025
- Listing ID #:510192
- Added:70 day(s) ago
- Updated:September 30, 2026 at 05:06 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:McAllen H.S.
- Middle school:Travis
- Elementary school:Fields
Utilities
- Water:Electric Water Heater, Public Water
- Sewer:City Sewer
Finances and disclosures
- Price:$520,000
- Price per sq. ft.:$109.38
- 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
New listings near 3201 S 6th Lane
- New
$399,500Active3 beds 3 baths2,284 sq. ft.143 Harvey Drive, McAllen, TX 78501
MLS# 516491Listed by: Coldwell Banker La Mansion - New
$290,000Active3 beds 2 baths1,945 sq. ft.4900 N 34th Street, McAllen, TX 78504
MLS# 516727Listed by: Realty Rgv - New
$230,000Active4 beds 3 baths2,065 sq. ft.2418 N 28th Lane N, McAllen, TX 78501
MLS# 514783Listed by: Jade Real Estate Llc - New
$345,000Active4 beds 3 baths2,135 sq. ft.2816 Kilgore Avenue, McAllen, TX 78504
MLS# 516664Listed by: Prime Luxury Real Estate Llc - New
$365,000Active4 beds 3 baths2,499 sq. ft.10312 N 25th Street, McAllen, TX 78504
MLS# 516639Listed by: Encore Fine Properties - New
$195,000Active3 beds 2 baths1,177 sq. ft.3605 Yucca Avenue, McAllen, TX 78504
MLS# 516634Listed by: Max's Realty - New
$3,300,000Active0 Acres0000 S Mccoll Road, McAllen, TX 78503
MLS# 516625Listed by: Keller Williams Realty Rgv - New
$339,000Active4 beds 4 baths2,496 sq. ft.2101 W Jonquil Avenue, McAllen, TX 78501
MLS# 516560Listed by: Texas Landmark Realty Llc - New
$210,000Active3 beds 2 baths1,616 sq. ft.600 Wichita Avenue #307, McAllen, TX 78503
MLS# 515217Listed by: Coldwell Banker La Mansion - New
$290,000Active4 beds 3 baths2,219 sq. ft.324 Toronto Avenue #39, McAllen, TX 78541
MLS# 516615Listed by: Tnt Real Estate