5704 Puffin Avenue, McAllen, TX 78573
MULTI_FAMILY - McAllen, TX
- Added:
- Mar 4, 2026
- Days on Market:
- 104
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 5704 Puffin Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- S295500000010000
- Size
- 4,372 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9763
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Ana Cavazos (956) 605-6284
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Mar 4, 2026
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.
HighLights
- High income potential with long‑term rentals and a successful Airbnb unit.
- Move‑in ready FourPlex in a high‑demand location.
- Two spacious 3 bedroom, 2 bath units and two modern 2 bedroom, 2 bath units.
- Contemporary layouts with bright, open living spaces in each unit.
- Built in 2021 with modern construction (Stucco) and a composition roof.
- Includes essential appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer.
Overview
Local Financial Insights For Multifamily LT 5
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 | $60.3k | $13.80 |
| − Vacancy | −$3.9k | −$0.89 |
| EGI | $56.4k | $12.91 |
| − OpEx | −$16.9k | −$3.87 |
| NOI | $39.5k | $9.04 |
Alternative Uses
Current Use by Public Records
Map
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.273186
- Latitude
- 26.271346
