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McAllen Fourplex Investment Opportunity

2913 Harvey Drive McAllen, TX 78501

Claim this Listing
Pending
$320,000

MULTI_FAMILY - McAllen, TX

Property size:
3,276 SF
Lot size:
0.19 Acres
Added:
Apr 16, 2026
Days on Market:
90
Last Refresh:
Jul 14 at 10:06 am

Property Features for 2913 Harvey Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Other, Garage
Patio and Porch features
Patio
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Standard status
Pending
APN
L106000000001600
Size
3,276 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7121

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1983
Floors in Building
1
Building materials
Brick
Roof type
Shingle

Listing agent Arcelia Garcia

Listing office SANETI Realty Group 2520a Buddy Owens Blvd, McAllen, TX

Listing date Apr 16, 2026

MLS# 500198 Listing URL

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fourplex is located in McAllen, Texas, offering convenient access to schools, shopping centers, medical offices, and major city amenities, and is situated minutes from Pecan Blvd and Nolana Ave. Each unit features 2 bedrooms and 1 bathroom with a functional layout and comfortable living space. The property is fully occupied, providing rental income. The property size is 3276 square feet and the lot size is 0.1852 acres.

Key Highlights

  • Fully occupied four‑plex providing immediate and steady rental income.
  • Prime location in McAllen, Texas, near Pecan Blvd. and Nolana Ave.
  • Convenient access to schools, shopping centers, medical offices, and major city amenities.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.1k $16.20
− Vacancy −$3.6k −$1.10
EGI $49.5k $15.10
− OpEx −$22.3k −$6.79
NOI $27.2k $8.30
3,276 SF · lease $16.20/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$422.9K
$370.0K – $493.4K (±1% cap)
NOI $29,602 @ 7.0% cap · market cap 9.25%
Second Best
Apartment 5plus
$388.6K
$340.1K – $453.4K (±1% cap)
NOI $27,204 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$889.6K
$778.4K – $1.04M (±1% cap)
NOI $62,270 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex in McAllen, TX, near Pecan Blvd.
Where is this quadplex located?
The property is located at 2913 Harvey Drive McAllen, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Fully occupied four‑plex providing immediate and steady rental income.; Prime location in McAllen, Texas, near Pecan Blvd. and Nolana Ave.; Convenient access to schools, shopping centers, medical offices, and major city amenities.
Contact an agent
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