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4-Unit New Construction Quadplex
New
For Sale
$550,000

11013 N 14th Street McAllen, McAllen, TX 78504

The residence mix includes two three-bedroom homes and two two-bedroom homes.

Property Size4,464 SF
Price / SF$123.21
Days on Market4

Property Features for 11013 N 14th Street McAllen

General Information

Standard status Active
Size 4,464 SF
Property subtype Quadruplex

Units

Unit Mix 2 x 3BR, 2 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Building Size 4,464 SF
Year Built 2026
Buildings 1
Listing Agency: Key Realty
Listed By: Sabita Mahtani
Source: Primeluxuryrealestate
Added: Oct 11 Last Checked: Oct 13 at 2:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Realty

Investment Insights

Based on property information with market context.

This newly built quadplex contains approximately 4,464 square feet across four residences: two with three bedrooms and two with two bedrooms. The property is within a gated community with deed restrictions and architectural standards.

UTRGV, Texas A&M, shopping, dining, and major roadways are identified as nearby access points.

Key Highlights

  • Approximately 4,464 square feet across four units
  • Two 3‑bedroom units and two 2‑bedroom units
  • New construction, with YearBuilt listed as 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,337
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,740 $806.7K
Cap Rate 7%
$576,243 $576.2K
Cap Rate 9%
$448,189 $448.2K
Market Conditions
NOI Build-Up for 4,464 SF
Gross rent
$61.6K $13.80/SF
− Vacancy
−$4.0K −$0.89/SF
EGI
$57.6K $12.91/SF
− OpEx
−$17.3K −$3.87/SF
NOI
$40.3K $9.04/SF
Area
McAllen, TX
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,740
Cap Rate 7%
$576,243
Cap Rate 9%
$448,189

Alternative Uses

Best Use
Multifamily LT 5
$576.2K
$504.2K – $672.3K (±1% cap)
NOI $40,337 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$529.6K
$463.4K – $617.8K (±1% cap)
NOI $37,070 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,852 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Spa & Massage Center Building Supply Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

959
Businesses Nearby

Demographics for 78504, TX

56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The residence mix includes two three-bedroom homes and two two-bedroom homes.
Where is this quadplex located?
The property is located at 11013 N 14th Street McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 4,464 square feet across four units; Two 3‑bedroom units and two 2‑bedroom units; New construction, with YearBuilt listed as 2026
More about this property
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