Turn-key income-producing investment opportunity in the heart of McAllen! This modern, fully leased corner lot-fourplex offers immediate cash flow and sits in a larger-than-average lot. The property features four spacious units: 2-bedroom, 2-bath units and two 3-bedroom,2-bath units. Each apartment includes a smooth-top electric range, refrigerator, microwave, washer and dryer, plus two covered carport parking spaces. Designed with contemporary finishes and low-maintenance appeal, this property is ideal for investors seeking stable rental income, Prime location 5 minutes from McAllen International Airport and La Plaza Mall, hospitals, medical clinics, shopping centers, restaurants, and the Vanguard Academy A rare opportunity to own a fully occupied, turn-key investment property in one of McAllen's most desirable locations.
For sale
$520,000
1012 E Myrtle Beach Ave, McAllen, TX 78503
10beds
9baths
4,320sqft
Quadruplex, Multi Family
Built in 2017
-- sqft lot
$-- Zestimate®
$120/sqft
$50/mo HOA
What's special
Contemporary finishesLarger-than-average lotWasher and dryerSmooth-top electric rangeFour spacious units
- 36 days
- 98
- 6
Zillow last checked:
Listing updated:
Listed by:
Patricia Fogg 956-249-9944,
Coldwell Banker La Mansion
Source: Greater McAllen AOR,MLS#: 511348
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 9
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Oven-Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
- Flooring: Tile
- Windows: Double Pane Windows
Interior area
- Total structure area: 4,320
- Total interior livable area: 4,320 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Carport spaces: 8
Features
- Exterior features: Sprinkler System
- Fencing: Landscaped,Partial,Wood
Lot
- Size: 0.31 Acres
- Features: Corner Lot, Professional Landscaping, Sidewalks, Sprinkler System
Details
- Additional structures: Outbuilding (None)
- Parcel number: H196500000010100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Gated, Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: The Heights At Mccoll
HOA
- Has HOA: Yes
- HOA fee: $600 annually
- HOA name: Magnolia Property Managment
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $520,000
- Annual tax amount: $12,269
- Date on market: 8/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,086/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $520,000$120/sqft |
Source: Greater McAllen AOR #511348 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,929 +2.8% | $520,000 +3% |
| 2024 | $9,662 +9.6% | $504,662 +9.5% |
| 2023 | $8,817 -0.1% | $461,006 +9% |
| 2022 | $8,828 +8.1% | $422,941 +10.8% |
| 2021 | $8,164 | $381,726 -0.2% |
| 2020 | -- | $382,319 -0.8% |
| 2019 | $8,386 | $385,559 +4.5% |
| 2018 | -- | $369,043 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78503
Nearby schools
Schools provided by the listing agent
- Elementary: Palmer
- Middle: Kennedy
- High: PSJA H.S.
- District: PSJA ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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