Excellent investment opportunity in a prime McAllen location! This brand-new 4-plex is situated on Highway 107 between 23rd and 29th, just minutes from UTRGV, Trenton shopping centers, grocery stores, restaurants, and major retail. The property features two 2-bedroom, 2-bath units and two 3-bedroom, 2-bath units, all thoughtfully designed with modern finishes and complete appliance packages, making them highly appealing to tenants. Currently, one 2-bedroom unit is leased for $1,200/month and one 3-bedroom unit is leased for $1,300/month, providing immediate rental income while leaving two units available for additional cash flow or owner occupancy. Each unit has its own separate water and electric meter, helping minimize owner expenses and simplify property management. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this new construction offers strong income potential in one of McAllen's most desirable rental markets.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.