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    3813 7Th Ct McAllen, TX 78501

    For Sale
    $535,000

    Five-unit apartment building, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional five-unit apartment building, located at 3813 N 7th Court in McAllen, Texas, presents a compelling investment opportunity. Built in 1995, the property sits on a sizable 9,761.79 square foot lot and comprises a single building housing all five units. The asking price is $535,000. This multifamily property offers a strong potential for rental income generation. Its prime location in McAllen, within Hidalgo County, zip code 78501, ensures convenient access to local amenities and services. The property's 1995 construction date provides a solid foundation for future returns, while the substantial lot size offers potential for expansion or future development. The five units provide a diversified income stream, making this a stable and attractive investment. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential. The property's coordinates are 26.2374953 latitude and -98.2209182 longitude.

    Property Features for 3813 7Th Ct

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1995
    Buildings
    1
    Units
    5

    HighLights

    • $535,000 asking price.
    • Five‑unit multifamily apartment building.
    • Located in McAllen, Texas, 78501.
    • Built in 1995.
    • Single building on a 9,761.79 sq ft lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.2209182
    Latitude
    26.2374953

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    FAQs

    What type of property is this?
    Multifamily property - Five-unit apartment building, excellent location.
    Where is this multifamily property located?
    The property is located at 3813 7Th Ct 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: $535,000 asking price.; Five-unit multifamily apartment building.; Located in McAllen, Texas, 78501.
    Request Owner's contact information
    3813 7Th Ct McAllen, TX 78501
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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
    3813 7Th Ct McAllen, TX 78501
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