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Brick Triplex
For Sale
$360,000

2513 W Hackberry Avenue, McAllen, TX 78501

Residential Income, McAllen, TX

Property Size2,984 SF
Lot Size0.16 Acres
Price / SF$120.64
Days on Market38

Property Features for 2513 W Hackberry Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features None
Appliances Electric Water Heater, Water Heater (In Attic), Water Heater (Other Location), Refrigerator, Stove/Range-Electric Smooth
Subdivision Colonia Del Norte
Lot features Sidewalks
Elementary school Alvarez
Middle school De Leon
High school Rowe H.S.
Elementary school district McAllen ISD
Middle school district McAllen ISD
High school district McAllen ISD
Directions From 10th St head North, West on Hackberry Ave, South on N 23rd st. West on Gumwood Ave, North on 25th Street, West on Hackberry.
Standard status Active
APN C675000003000400
Size 2,984 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6889

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2015
Floors in Building 1
Number of units 5
Building materials Brick
Roof type Shingle
Listing Agency: The International Real Estate Company
Listed By: Monica J. Acevedo
Added: Sep 7 Changed: Oct 13 Last Checked: Oct 14 at 1:06AM
MLS# 513871

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.

Built in 2015, this brick residential income property contains 2,984 square feet arranged as three separate units. The configuration includes one three-bedroom, two-bath residence and two additional residences with two bedrooms and two baths each. Refrigerators and electric smooth-top stove/ranges are included. Central electric heating and central air conditioning serve the property, while the roof is shingle construction.

The property occupies 0.1607 acres at 2513 W Hackberry Avenue in McAllen, Texas 78501. Public water service is available, and the three-unit layout provides a defined multifamily configuration within a single building.

Key Highlights

  • Three‑unit configuration with one 3‑bedroom, 2‑bath unit and two 2‑bedroom, 2‑bath units
  • 2,984 square feet on 0.1607 acres
  • Built in 2015 with brick construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,963
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,260 $539.3K
Cap Rate 7%
$385,186 $385.2K
Cap Rate 9%
$299,589 $299.6K
Market Conditions
NOI Build-Up for 2,984 SF
Gross rent
$41.2K $13.80/SF
− Vacancy
−$2.7K −$0.89/SF
EGI
$38.5K $12.91/SF
− OpEx
−$11.6K −$3.87/SF
NOI
$27.0K $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%
$539,260
Cap Rate 7%
$385,186
Cap Rate 9%
$299,589

Alternative Uses

Best Use
Multifamily LT 5
$385.2K
$337.0K – $449.4K (±1% cap)
NOI $26,963 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$354.0K
$309.7K – $413.0K (±1% cap)
NOI $24,779 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$810.3K
$709.0K – $945.3K (±1% cap)
NOI $56,720 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office Garden Center Electrical Service Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
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
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Frequently Asked Questions

What type of property is this?
Triplex - Multi-unit property with varied floor plans, central HVAC, and included kitchen appliances in McAllen.
Where is this triplex located?
The property is located at 2513 W Hackberry Avenue McAllen, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Three‑unit configuration with one 3‑bedroom, 2‑bath unit and two 2‑bedroom, 2‑bath units; 2,984 square feet on 0.1607 acres; Built in 2015 with brick construction
More about this property
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