905 E Myrtle Beach Avenue, McAllen, TX 78503
MULTI_FAMILY - McAllen, TX
- Added:
- Jun 25, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 26 at 6:06 pm
Property Features for 905 E Myrtle Beach Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Appliances
- Water Heater (Other), Microwave, Refrigerator, Stove/Range-Electric Smooth
- Standard status
- Active
- APN
- H196500000012600
- Size
- 4,320 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14378
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Shingle
Listing agent Victor Fuentes License #574075 (956) 432-1351
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date Jun 25, 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 stabilized 4‑plex with all four units leased
- Built in 2018; approx. 4,320 sq ft low‑maintenance construction
- 7.6% CAP rate per provided remarks
- Each unit individually metered for electric and water
- Central heating and central air; shingle roof
- Patio, sprinkler system; appliances include refrigerator, microwave, and electric smooth range
Overview
Located at 905 E Myrtle Beach Avenue in McAllen, Texas, the fourplex sits on a 0.2376-acre lot within a clean, gated community. The remarks indicate direct access to major McAllen corridors, positioning the property for everyday convenience.
For tenants, the unit mix and included amenities such as laundry hookups, ceiling fans, and ranges can support day-to-day livability while helping reduce turnover. For investors or buyers, the stated configuration features individually metered utilities and a fully leased, stabilized occupancy profile, presented with rent roll and financials available on request.
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 | $59.6k | $13.80 |
| − Vacancy | −$3.9k | −$0.89 |
| EGI | $55.8k | $12.91 |
| − OpEx | −$16.7k | −$3.87 |
| NOI | $39.0k | $9.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.215049
- Latitude
- 26.174353
