11003 N 36th Lane, McAllen, TX 78504
MULTI_FAMILY - McAllen, TX
- Added:
- Apr 16, 2026
- Days on Market:
- 57
- Last Refresh:
- Jun 11 at 7:06 am
Property Features for 11003 N 36th Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Patio and Porch features
- Patio
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- S644300000000600
- Size
- 5,901 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15880
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 6
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Jenny I. Avellaneda (956) 250-7556
Listing office Effective Real Estate 2212 Primrose Ave., McAllen, TX (956) 322-8522
Listing date Apr 16, 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
- Newer 2023‑built sixplex with diversified rental setup in North McAllen
- 5 long‑term rental units plus 1 unit operating as a short‑term rental (Airbnb) at approx. $1,500/month
- Units come fully equipped with in‑unit washer and dryer, stove/range, refrigerator, and microwave
- Each unit includes a private patio with grass and a sprinkler system
- Rear alley access with 11 parking spaces and a garage
- Stucco construction with composition roof; electric heating and central air
Overview
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 | $95.6k | $16.20 |
| − Vacancy | −$6.5k | −$1.10 |
| EGI | $89.1k | $15.10 |
| − OpEx | −$40.1k | −$6.79 |
| NOI | $49.0k | $8.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.243996
- Latitude
- 26.307434
