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4113 24Th Ln McAllen, TX 78504

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For Sale
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Prime McAllen investment; 8 units, high rental income.

Property size:
13,939 SF

Property Features for 4113 24Th Ln

General Information

Property type
Multifamily properties
Square Feet
13,939 SF

Building Details

Year Built
2013
Buildings
1
Units
8

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Listing Contact
Jisella Ortiz
Jisella Ortiz

Listing Agency: Monarca Real Estate Group LLC Listing Agent: Jisella Ortiz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 8-unit apartment building presents a lucrative investment opportunity in the desirable McAllen, Texas market. Constructed in 2013, this single-building property boasts a total of 13,939 square feet situated on a 13,939.2 square foot lot. The property currently features four apartments available for rent, demonstrating strong rental demand. Two units command a monthly rent of $900, while two others, enhanced by balconies, rent for $950 per month. This translates to significant potential rental income. The property's address is 4113 N 24th Lane, McAllen, TX 78504, within Hidalgo County. The asking price for this turnkey investment is $1,200,000. This well-maintained property offers a compelling combination of established rental income and significant growth potential in a thriving Texas market. The property's location in McAllen provides easy access to local amenities and a strong tenant pool. This is an ideal opportunity for investors seeking a stable and profitable multifamily investment. The building's 2013 construction ensures relatively low maintenance costs and a long lifespan. This property is ready for immediate income generation and offers a solid foundation for long-term investment growth.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.2408762
Latitude
26.2437425

FAQs

What type of property is this?
Multifamily property - Prime McAllen investment; 8 units, high rental income.
Where is this multifamily property located?
The property is located at 4113 24Th Ln McAllen, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price.; Eight-unit multifamily apartment building.; 13,939 square feet on a 13,939 square foot lot.
(956) 803-0341 Call to check price and availability
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