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    5800 Northwestern Avenue, McAllen, TX 78501

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    For Sale
    $530,000

    MULTI_FAMILY - McAllen, TX

    Property size:
    4,205 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $126/SF
    Added:
    Apr 30, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 16 at 5:06 pm

    Property Features for 5800 Northwestern Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Patio and Porch features
    Patio
    Exterior features
    Sprinkler System
    Appliances
    Electric Water Heater, Water Heater (Other), Dryer, Ice Maker, Microwave, Oven-Warming, Refrigerator, Stove/Range, Washer
    Standard status
    Active
    APN
    H347300000006700
    Size
    4,205 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6257

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2022
    Floors in Building
    1
    Number of units
    4
    Building materials
    Block
    Roof type
    Shingle

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    Listing Contact
    Israel Silva
    Israel Silva

    Listing agent Israel Silva License #TX743131

    Listing office Encore Fine Properties 817 N Ware Road, McAllen, TX

    Listing date Apr 30, 2026

    MLS# 503132 Listing URL

    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

    • Income‑producing fourplex with existing tenants.
    • Two 3‑bedroom and two 2‑bedroom apartments.
    • Built in 2022.
    • Open concept design with high ceilings.
    • Includes all appliances.
    • Located in a new neighborhood off Shary Rd, close to schools and eateries.

    Overview

    This fourplex is located off Shary Rd in a new neighborhood near schools and eateries. The complex contains two 3-bedroom apartments and two 2-bedroom apartments. The units feature an open concept with high ceilings and include appliances. The property is currently fully rented, providing immediate income to the purchaser. The property size is 4205 square feet and the lot size is 0.2334 acres.

    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 $58.0k $13.80
    − Vacancy −$3.7k −$0.89
    EGI $54.3k $12.91
    − OpEx −$16.3k −$3.87
    NOI $38.0k $9.04
    4,205 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $542.8K
    $475.0K – $633.3K (±1% cap)
    NOI $37,996 @ 7.0% cap · market cap 7.17%
    Second Best
    Apartment 5plus
    $498.8K
    $436.5K – $582.0K (±1% cap)
    NOI $34,919 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Office A
    $1.14M
    $999.1K – $1.33M (±1% cap)
    NOI $79,929 @ 7.0% cap · market cap 15.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy Kitchen & Bath Showroom Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.269977
    Latitude
    26.293533

    FAQs

    What type of property is this?
    Quadplex - Fourplex with upgrades in McAllen, currently generating rental income.
    Where is this quadplex located?
    The property is located at 5800 Northwestern Avenue McAllen, TX.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: Income‑producing fourplex with existing tenants.; Two 3‑bedroom and two 2‑bedroom apartments.; Built in 2022.
    More about this property
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