New Fourplex Residential
5800 Ozark Ave McAllen, TX 78504
New
5800 Ozark Ave, McAllen, TX, 78504
$549,000
For Sale
$549,000
Turnkey newly constructed fourplex with four units, including two 3-bed/2-bath and two 2-bed/2-bath layouts.
Property Size3,978 SF
Price / SF$138.01
Days on Market4
Property Features for 5800 Ozark Ave
General Information
- Standard status
- Active
- Size
- 3,978 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2026
Listing agency
Keller Williams Realty RGV
(956) 566-8377
Listed by
Jaime Lee Gonzalez
Source
Aregtx
Added: Jul 20 Updated: Jul 21 at 9:49AM Checked: Jul 22 at 4:50AM
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
Newly constructed fourplex built for energy efficiency, featuring Hebel construction and polyfoam insulation in the ceilings. The property consists of four residential units with open-concept floor plans, contemporary finishes, and durable tile flooring throughout. Each unit is set up with upgraded Samsung kitchen and laundry appliances, along with modern fixtures. Window shutters are currently being installed.
The asset is located in the Hills at Sharyland subdivision in McAllen, Texas, and is offered as a turnkey multi-family property.
The unit mix includes two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing a diversified residential configuration within a single investment property.
The asset is located in the Hills at Sharyland subdivision in McAllen, Texas, and is offered as a turnkey multi-family property.
The unit mix includes two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing a diversified residential configuration within a single investment property.
Key Highlights
- Newly built 4‑plex (Year built: 2026) with 4 units total
- Unit mix: two 3‑bedroom, 2‑bath units plus two 2‑bedroom, 2‑bath units
- Each unit features an open‑concept floor plan and tile flooring throughout
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 | $54.9k | $13.80 |
| − Vacancy | −$3.5k | −$0.89 |
| EGI | $51.4k | $12.91 |
| − OpEx | −$15.4k | −$3.87 |
| NOI | $35.9k | $9.04 |
3,978 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$513.5K
$449.3K – $599.1K
NOI $35,945 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.6K
NOI $33,034 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.08M
$945.2K – $1.26M
NOI $75,614 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey newly constructed fourplex with four units, including two 3-bed/2-bath and two 2-bed/2-bath layouts.
Where is this quadplex located?
The property is located at 5800 Ozark Ave McAllen, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Newly built 4‑plex (Year built: 2026) with 4 units total; Unit mix: two 3‑bedroom, 2‑bath units plus two 2‑bedroom, 2‑bath units; Each unit features an open‑concept floor plan and tile flooring throughout
