Property profile

2113 Dallas Ave McAllen, TX 78501

OFF-MARKET
Apartment buildings
Property ID
US82-4486038
Built 1978
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased three-unit apartment building situated at 2113 Dallas Avenue in McAllen, Texas, 78501. Built in 1978, the property sits on a sizable 7,000 square foot lot and offers a compelling return on investment. The three spacious units are currently generating consistent rental income, making this a truly turnkey asset. Its prime location offers easy access to downtown McAllen, providing residents with convenient proximity to a vibrant array of shopping, dining, and entertainment options. The property's strong rental history and high occupancy rate underscore its potential for continued growth and profitability. This is an ideal addition to any investor's portfolio, offering a blend of immediate income and long-term appreciation potential. The property consists of one building with three units, presenting a manageable and efficient investment. The property's location in Hidalgo County, Texas, provides access to a growing market with strong rental demand. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. Don't miss this chance to secure a valuable asset in a thriving Texas market.

Property profile

Verified
Property type Apartment buildings
Year built 1978
UPID US82-4486038

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2113 Dallas Ave McAllen, TX 78501
McAllen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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