Fourplex with Mixed Unit
New
For Sale
$550,000
11013 N 14th Street, McAllen, TX 78504
Residential Income, McAllen, TX
Property Size4,464 SF
Lot Size0.21 Acres
Price / SF$123.21
Days on Market6
Property Features for 11013 N 14th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Parking
8
Parking features
None
Patio and Porch features
Patio
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
Villages At Parkwest
Lot features
Alley, Curb & Gutters, Professional Landscaping, Sidewalks, Sprinkler System
Elementary school
Cavazos
Middle school
Longoria
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Traveling north on 10th St. turn left on Sprague. Subdivision is on the right side between 10h and Bicentennial.
Standard status
Active
APN
V391300000007000
Size
4,464 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1
HOA Fee
$800 Annually
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Sabita Mahtani
(956) 371-3393
Added: Oct 9
Last Checked: Oct 14 at 3:06PM
MLS# 517400
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.
Under construction, this four-unit residential property is planned at 4,464 square feet on a 0.2125-acre parcel. The layout includes two three-bedroom units and two two-bedroom units. Stucco construction, a composition roof, central heating and central air are specified, along with patios and electric water heaters. Appliances include a washer, dryer, refrigerator, microwave and electric range.
The property is described as part of a gated community with deed restrictions and architectural standards. Its stated year built is 2026.
The property is described as part of a gated community with deed restrictions and architectural standards. Its stated year built is 2026.
Key Highlights
- Four units totaling 4,464 square feet
- Unit mix: two 3‑bedroom residences and two 2‑bedroom residences
- 0.2125‑acre parcel
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
NOI $40,337 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$529.6K
$463.4K – $617.8K
NOI $37,070 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
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
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix includes both two-bedroom and three-bedroom residences.
Where is this quadplex located?
The property is located at 11013 N 14th Street 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: Four units totaling 4,464 square feet; Unit mix: two 3‑bedroom residences and two 2‑bedroom residences; 0.2125‑acre parcel
