$740,000

11003 N 36th Lane, Mcallen, TX 78504

  • 5,901 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $125/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market. Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility. All units are fully equipped with in-unit washer and dryer, stove, refrigerator, and microwave hood—an attractive feature that supports higher rental rates and tenant retention while minimizing future capital expenditures. Each unit includes a private patio with grass and sprinkler system, enhancing tenant appeal and overall property desirability. Rear alley access with 11 parking spaces ensures ample parking, a key factor for tenant satisfaction and occupancy stability. low maintenance finishes, and strong rental demand in N McAllen, ideal turnkey property with immediate income and long-term appreciation potential.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 1:06PM
Listing Office:
Effective Real Estate : 956-322-8522
Listing Agent:
Jenny I. Avellaneda : 956-250-7556
MLS ID:
501168
  • General: Ceiling Fan(s)OtherWalk-In Closet(s)
  • Appliances: Electric Water HeaterDryerMicrowaveRefrigeratorStove/RangeWasher
  • Laundry: Laundry ClosetWasher/Dryer Connection
  • Flooring: Tile
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Eco/Green Feature: Other
  • General: Outbuilding (None)
  • Other Structures: PatioPatio Slab
  • Parking: Garage Faces RearParking spaces: 0
  • Roofing: Composition Shingle
  • Windows: Energy Features (Double Pane Windows)
  • General: Stucco1Slab
  • Road/Access: Paved
  • HOA Amenities: 600.0Annually
  • Originating MLS: Greater McAllen
  • School District: Sharyland ISD
  • County: Hidalgo
  • Zoning: S644300000000600
  • Fencing: PrivacyWood
  • Water: Public
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Jenny I. Avellaneda , Effective Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing