New Fourplex Investment
5800 Ozark Avenue McAllen, TX 78504
For Sale
$549,000
MULTI_FAMILY - McAllen, TX
Property Size3,978 SF
Lot Size0.22 Acres
Price / SF$138.01
Days on Market12
Property Features for 5800 Ozark Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 8
- Parking features
- None
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- H347300000002800
- Size
- 3,978 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2899
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez
(956) 599-8400
Added: Jul 15
Last Checked: Jul 26 at 7:06PM
MLS# 506959
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.
This newly constructed fourplex is set up as a residential income property with an even unit mix: two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. The layouts are open-concept and include tile flooring throughout, modern fixtures, and upgraded Samsung kitchen and laundry appliances in each unit.
Construction features include polyfoam insulation in the ceilings and Hebel construction for insulation and durability, and window shutters are currently being installed. The property is located in the Hills at Sharyland subdivision in McAllen, Texas.
The offering is turnkey as presented, providing a complete four-unit configuration designed for consistent, easy-to-market apartment living.
Construction features include polyfoam insulation in the ceilings and Hebel construction for insulation and durability, and window shutters are currently being installed. The property is located in the Hills at Sharyland subdivision in McAllen, Texas.
The offering is turnkey as presented, providing a complete four-unit configuration designed for consistent, easy-to-market apartment living.
Key Highlights
- Under construction 2026 fourplex in the Hills at Sharyland subdivision
- Unit mix: two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units
- Central heating and central air throughout
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
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Newly constructed fourplex with two 3-bedroom units and two 2-bedroom units, each with two baths and upgraded appliances.
Where is this quadplex located?
The property is located at 5800 Ozark Avenue 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: Under construction 2026 fourplex in the Hills at Sharyland subdivision; Unit mix: two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units; Central heating and central air throughout
