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For sale by owner
  • $645,000

    3201 S 6th Ln, McAllen, TX 78503

    12beds
    4,800sqft
    : 
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    MultiFamily
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $134/sqft
    $-- HOA

    What's special

    Modern fixturesContemporary finishesOpen-concept floor plansEnergy-efficient constructionQuality materialsFour spacious units
    New construction fourplex completed in 2025 and offered as a turnkey investment opportunity in the rapidly growing McAllen, Texas market. This modern multifamily property features four spacious units, each offering 3 bedrooms and 2 full bathrooms, with approximately 4,800 square feet of total living space. Every apartment has been thoughtfully designed with open-concept floor plans, contemporary finishes, energy-efficient construction, quality materials, and modern fixtures to provide comfortable, low-maintenance living for tenants. One of the property's greatest advantages is that **all four units are already leased**, providing **immediate rental income from day one**. Each apartment is occupied by a tenant paying **$1,495 per month**, generating a total gross rental income of **$5,980 per month** or **$71,760 annually**. This makes the property an excellent opportunity for investors seeking stable cash flow without the time and expense of leasing newly constructed units. Located in a desirable area of McAllen, the property offers convenient access to major highways, shopping centers, restaurants, hospitals, schools, and everyday amenities, making it highly attractive to current and future tenants alike. The combination of new construction, fully occupied units, and strong rental income creates an exceptional investment with minimal deferred maintenance and significant long-term appreciation potential. Whether you're expanding your real estate portfolio or searching for a high-quality, income-producing asset, this fully leased fourplex offers the rare opportunity to acquire a brand-new investment property with immediate cash flow and excellent future upside.
    23 days
    |
    274
    |
    12
    |
    Listed by:

    Property Owner (956) 553-0611

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 8
      • Full bathrooms: 8
      Features
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,800 sqft

      Property

      Features
      • Exterior features: Other, Stucco
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: L168000000001100

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Other
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 2025

      Community & HOA

      Location
      • Region: Mcallen

      Financial & listing details

      • Price per square foot: $134/sqft
      • Tax assessed value: $592,952
      • Annual tax amount: $10,855
      • Date on market: 6/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,762/mo

        Price history

        DateEventPrice
        6/23/2026Listed for sale$645,000+460.9%$134/sqft
        Source: Owner Report a problem
        11/16/2022Sold--
        Source: Greater McAllen AOR #389136 Report a problem
        10/28/2022Pending sale$115,000$24/sqft
        Source: Greater McAllen AOR #389136 Report a problem
        7/22/2022Listed for sale$115,000+15%$24/sqft
        Source: Greater McAllen AOR #385776 Report a problem
        2/17/2021Listing removed--
        Source: Owner Report a problem
        2/3/2018Listing removed$100,000$21/sqft
        Source: Owner Report a problem
        11/5/2017Listed for sale$100,000$21/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,855 +200.6%$592,952 +211.1%
        2024$3,612 0%$190,579
        2023$3,612 +138.9%$190,579 +152.1%
        2022$1,512 -2.9%$75,607
        2021$1,557 $75,607
        2020-- $75,607
        2019$1,554 -42.4%$75,607 -28.8%
        2018$2,699 $106,225
        2017$2,699 -0.4%$106,225
        2016$2,709 +42.3%$106,225 +42.9%
        2015$1,904 $74,358
        2014$1,904 $74,358
        2013-- $74,358 -12.5%
        2012-- $84,980
        2011-- $84,980
        2010-- $84,980 +40.4%
        2009-- $60,548
        2008-- $60,548
        2007-- $60,548 -13.5%
        2006-- $69,983 +45.5%
        2005-- $48,113
        2004-- $48,113
        2003-- $48,113 +15.8%
        2002-- $41,553
        2001-- $41,553
        2000-- $41,553
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78503

        Getting around

        21 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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