613 S 12th Street
McAllen, TX 78501
--
Bed
0
Bath
3,343Sqft
7,000.09Sqft(Lot)
Prime investment opportunity in the heart of Downtown McAllen. This fully occupied 6-unit multifamily property delivers strong, stable income with nearly $4,000/month in rents and an estimated 7.7% cap rate at the current asking price. Located in the desirable 78501 zip code, this property sits just minutes from 10th St and Expressway 83, offering excellent accessibility for tenants and consistent rental demand. Units are well-maintained, leased, and ideal for long-term cash flow. Downtown McAllen continues to grow with nearby shopping, restaurants, City Hall, and major employment centers, making this a reliable addition to any portfolio. Whether expanding your holdings or entering the multifamily sector, this property provides immediate income, strong fundamentals, and unbeatable location
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Roofing Information
Shingle -
Interior Features
Other Roof: Shingle Appliances: Range, Cooktop, Electric Water Heater, Refrigerator Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air, Window Unit(s)
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Building Information
Year Built: 1971 Building Area Total: 3343 Construction Materials: Block, Other Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Main Square Feet: 7000.092 Square Feet Lot Size Acres: 0.1607 Lot Size Square Feet: 7000.092Property Information
Subdivision: Mcallen Addition Source Property Type: Residential Income Property SubType: Multi Family Property Age: 55
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Listing Price Information
Listing Price: $389000
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Tax Information
Parcel Number: M195000050001000 Tax Year: 2025 Annual Tax: $7689
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Parking Information
Parking Total: 1 Detached, Garage Faces Rear
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School Information
Elementary School: FieldsJunior High School: TravisSenior High School: McAllen H.S. -
Location Information
Direction: From Expressway North on 10th St, left on Galveston, right on S 12th St. Property will be on your right.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2709 2713 & 2800 N 30th.., Mcallen, TX, 78501 | $1,250,000 | -- | -- | 11,700 | 11,700 SqFt |
| 5800 Northwestern Avenue, Mcallen, TX, 78501 | $530,000 | -- | -- | 4,205 | 4,205 SqFt |
| 1408 E Iris Avenue, Mcallen, TX, 78501 | $565,000 | -- | -- | 4,500 | 4,500 SqFt |
| 1316 E Camellia Avenue, Mcallen, TX, 78501 | $560,000 | -- | -- | 4,740 | 4,740 SqFt |
| 1201 E Camellia Avenue, Mcallen, TX, 78501 | $632,500 | -- | -- | 5,472 | 5,472 SqFt |
| 513 E Upas Avenue, Mcallen, TX, 78501 | $275,000 | -- | -- | 2,744 | 2,744 SqFt |
| 1300 S Cynthia Street, Mcallen, TX, 78501 | $525,000 | 3 | 3 | 2,968 | 2,968 SqFt |
| 421 Cottonwood Avenue, Mcallen, TX, 78501 | $420,000 | 3 | 3 | 2,426 | 2,426 SqFt |
| 1304 E Hibiscus Avenue, Mcallen, TX, 78501 | $645,000 | -- | -- | 4,216 | 4,216 SqFt |
| 1113 Walnut Avenue, Mcallen, TX, 78501 | $215,000 | 4 | 3 | 1,629 | 1,629 SqFt |
Similar Multifamily To 613 S 12th Street
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 06/12/2026 @ 04:48
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Homes around $389,000
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