New Construction Quadplex
5713 Northwestern Avenue McAllen, TX 78504
For Sale
$495,000
Pending
MULTI_FAMILY - McAllen, TX
Property Size3,650 SF
Lot Size0.25 Acres
Days on Market586
Property Features for 5713 Northwestern Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
Standard status
Pending
APN
H347300000005700
Size
3,650 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3616
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
RE/MAX elite
(956) 583-2100
Listed By:
Maryah Lopez · License #0521694
(956) 329-3677
Added: Dec 18, 2024
Changed: Jun 10
Last Checked: Jul 27 at 10:06AM
MLS# 445618
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 is an investment opportunity featuring a new construction quadplex located in the Hills at Sharyland in McAllen, TX. The property has a size of 3650 square feet and sits on a 0.2453-acre lot. Each of the four units includes 2 bedrooms and 2 bathrooms. The seller is offering $10,000 in seller concessions.
Key Highlights
- Brand new construction with a 2024 build year
- Each unit offers 2 bedrooms and 2 bathrooms
- Central cooling with central air plus electric cooling
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 | $50.4k | $13.80 |
| − Vacancy | −$3.3k | −$0.89 |
| EGI | $47.1k | $12.91 |
| − OpEx | −$14.1k | −$3.87 |
| NOI | $33.0k | $9.04 |
3,650 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$471.2K
$412.3K – $549.7K
NOI $32,981 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$433.0K
$378.9K – $505.2K
NOI $30,310 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$991.1K
$867.2K – $1.16M
NOI $69,379 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - New construction quadplex in McAllen, TX, with seller concessions.
Where is this quadplex located?
The property is located at 5713 Northwestern Avenue McAllen, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brand new construction with a 2024 build year; Each unit offers 2 bedrooms and 2 bathrooms; Central cooling with central air plus electric cooling
