11007 36Th Ln McAllen, TX 78504
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 11007 36Th Ln
- Year built
- 2022
- Property type
- Small apartment buildings
Description
This exceptional 2022-built quadplex, located at 11007 N 36th Lane in McAllen, Texas, presents a compelling investment opportunity. The property boasts four units, all currently leased, ensuring immediate cash flow. Situated on a spacious 9,583.2 square foot lot, the property comprises two buildings, offering both convenience and potential for future expansion or individual unit management. Its strategic location near University Drive provides easy access to a wealth of shopping centers and restaurants, enhancing its appeal to tenants and maximizing rental income potential. All appliances are included in the sale, minimizing upfront costs for the new owner. The asking price for this turnkey investment is $527,000. This fully leased property offers a rare chance to acquire a high-performing asset in a thriving Texas market, promising strong returns and long-term stability. The property's recent construction (2022) ensures minimal maintenance needs and modern amenities, further enhancing its value and attractiveness to tenants. With its prime location and strong rental income, this quadplex represents a sound investment for discerning buyers seeking immediate returns and future appreciation. The property is located in Hidalgo County, Texas, zip code 78504.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2441568
- Latitude
- 26.3074753
