4620 N Ware Road, McAllen, TX 78504
- Added:
- Jun 30, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 4 at 8:06 pm
Property Features for 4620 N Ware Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C3L
- Parking
- 12
- Exterior features
- Mature Trees
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- F366000000001300
- Size
- 5,266 SF
- Lot size
- 2.08 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 17657
Utilities
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Building materials
- Brick, Frame/Wood
- Roof type
- Composition
Listing agent Deborah Agyekum-Bimpong (956) 530-7922
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date Jun 30, 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
- Commercial property with a 4‑plex, all units currently rented
- Two spacious lots rented to mobile homeowners
- Two homes on Ware Road with convenient access through Buddy Owens
- Brick and frame/wood construction; roof is composition
- Window unit cooling and electric water heater
- Mature trees on the property; built in 1971
Local 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 | $72.7k | $13.80 |
| − Vacancy | −$4.7k | −$0.89 |
| EGI | $68.0k | $12.91 |
| − OpEx | −$20.4k | −$3.87 |
| NOI | $47.6k | $9.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.253158
- Latitude
- 26.250246
