3201 S 6th Lane
McAllen, TX 78503
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Bed
0
Bath
4,754Sqft
12,496.93Sqft(Lot)
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 h
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Roofing Information
Shingle -
Interior Features
Built-in Features, Ceiling Fan(s), High Ceilings Roof: Shingle Appliances: Range, Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator Laundry Features: Washer Hookup Window Features: Insulated Windows, Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric
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Building Information
Year Built: 2025 Building Area Total: 4754 Construction Materials: Stucco Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Main Square Feet: 12496.9284 Square Feet Lot Size Acres: 0.2869 Lot Size Square Feet: 12496.9284 Lot Description: Cul-De-SacProperty Information
Subdivision: La Paz Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 1
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Listing Price Information
Listing Price: $580000
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Tax Information
Parcel Number: L168000000001100 Tax Year: 2025 Annual Tax: $13523
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Parking Information
Parking Total: 8 No Garage
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School Information
Elementary School: MilamJunior High School: De LeonSenior High School: Memorial H.S. -
Location Information
Direction: From Expressway 83, take Exit 142 toward 10th Street. Turn right onto S 10th Street after Starbucks Coffee, then turn left onto Bales Road. Turn right onto S 6th Lane. The property will be located on the left. WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3005 S K Center Street, Mcallen, TX, 78503 | $600,000 | -- | -- | 5,502 | 5,502 SqFt |
| 2709 S J Street, Mcallen, TX, 78503 | $499,000 | -- | -- | 4,290 | 4,290 SqFt |
| 905 E Myrtle Beach Avenue, Mcallen, TX, 78503 | $535,000 | -- | -- | 4,320 | 4,320 SqFt |
| 712 Toronto Ave, Mcallen, TX, 78503 | $700,000 | -- | -- | 7,440 | 7,440 SqFt |
| 712 Toronto Avenue, Mcallen, TX, 78503 | $700,000 | -- | -- | 7,440 | 7,440 SqFt |
| 3618 Gloria Avenue, Mcallen, TX, 78503 | $244,000 | -- | -- | 2,414 | 2,414 SqFt |
Similar Multifamily To 3201 S 6th Lane
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 07/22/2026 @ 19:15
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