3305 Frio Ave McAllen, TX 78504
This exceptional investment opportunity presents a newly constructed fourplex located at 3305 Frio Avenue in McAllen, Texas, zip code 78504. Built in 2022, this property sits on a generous 9,557.935 square foot lot and comprises two separate buildings. The four units are ideally configured as two two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units, catering to a diverse range of tenants. High-quality finishes are evident throughout, including attractive tile flooring and granite countertops. Central air conditioning ensures year-round comfort for residents. The property's location in McAllen, Hidalgo County, offers excellent access to local amenities and services. The asking price for this turnkey multifamily investment is $540,000. This represents a compelling opportunity for investors seeking a well-maintained, recently constructed property in a thriving Texas market. The property's modern design and desirable features are expected to attract and retain high-quality tenants, contributing to strong rental income and a positive return on investment. This is a rare chance to acquire a well-positioned, income-generating asset in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.