613 S 12th Street, McAllen, TX 78501
MULTI_FAMILY - McAllen, TX
- Added:
- Apr 9, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 11 at 7:06 am
Property Features for 613 S 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 1
- Parking features
- Other, Garage
- Fencing
- Chain Link
- Appliances
- Electric Water Heater, Refrigerator, Stove/Range
- Standard status
- Active
- APN
- M195000050001000
- Size
- 3,343 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7689
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1971
- Floors in Building
- 2
- Number of units
- 7
- Building materials
- Block, Siding
- Roof type
- Shingle
Listing agent Erasmo Arjona (956) 522-9632
Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX (956) 583-2100
Listing date Apr 9, 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
- Fully occupied 6‑unit multifamily property in Downtown McAllen
- Nearly $4,000/month in rents with an estimated 7.7% cap rate (at the current asking price)
- Central heating plus central air, with window unit(s) cooling
- Built in 1971; block and siding construction with a shingle roof
- Each unit includes appliances such as refrigerator, stove/range, and electric water heater
- Chain link fencing and a garage for parking
Overview
Local Financial Insights For Apartment 5plus
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 | $54.2k | $16.20 |
| − Vacancy | −$3.7k | −$1.10 |
| EGI | $50.5k | $15.10 |
| − OpEx | −$22.7k | −$6.79 |
| NOI | $27.8k | $8.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.232937
- Latitude
- 26.197689
