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    5801 Northwestern Ave McAllen, TX 78504

    For Sale
    $535,000

    New Construction, Four Units, High ROI

    Property size:
    3,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 5801 Northwestern Avenue in McAllen, Texas, 78504. Completed in Spring 2025, this property boasts a total of 3,848 square feet situated on a spacious 9,600.188 square foot lot. The property comprises two buildings, offering a mix of unit sizes to cater to diverse renter needs. Two units feature a desirable three-bedroom, two-bathroom layout, while the remaining two units provide comfortable two-bedroom, two-bathroom living spaces. All units are designed with an open-concept floor plan and include essential appliances. This multifamily property is ideally situated in the Sharyland area of McAllen, offering strong potential for rental income and appreciation. The asking price for this turnkey investment is $535,000. This represents a compelling opportunity to acquire a high-quality, newly constructed multifamily property in a thriving Texas market. The property's modern design, desirable location, and strong rental demand make it an attractive investment for both seasoned and novice investors. Don't miss this chance to secure a piece of McAllen's vibrant real estate market.

    Property Features for 5801 Northwestern Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,848 SF

    Building Details

    Year Built
    2025
    Buildings
    2
    Units
    4

    HighLights

    • Brand‑new, four‑unit apartment building completed Spring 2025.
    • 3,848 square feet on a 9,600 square foot lot in McAllen, TX.
    • Two 3/2 units and two 2/2 units, all with open floor plans and appliances.
    • Located in the desirable Sharyland area of McAllen.
    • Turnkey investment opportunity priced at $535,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Gym & Fitness Auto Repair Shop Pharmacy Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2399779
    Latitude
    26.289233

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    FAQs

    What type of property is this?
    Multifamily property - New Construction, Four Units, High ROI
    Where is this multifamily property located?
    The property is located at 5801 Northwestern Ave McAllen, TX.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: Brand-new, four-unit apartment building completed Spring 2025.; 3,848 square feet on a 9,600 square foot lot in McAllen, TX.; Two 3/2 units and two 2/2 units, all with open floor plans and appliances.
    Request Owner's contact information
    5801 Northwestern Ave McAllen, TX 78504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5801 Northwestern Ave McAllen, TX 78504
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