901 Galveston Ave McAllen, TX 78501
This exceptional three-unit apartment building, located at 901 Galveston Avenue in McAllen, Texas, presents a compelling investment opportunity. Built in 1992, the property sits on a sizable 6,720.87 square foot lot and offers spacious, modern, and clean units ready for immediate leasing. Each unit boasts beautiful quartz countertops and ample living space, catering to a high demand for comfortable and stylish apartments. The property's central McAllen location provides unparalleled convenience, with easy access to major thoroughfares. A short five-minute drive connects residents to La Plaza Mall, McAllen Miller International Airport, US Highway 83, and Interstate Highway 2. The property's proximity to a variety of restaurants and the McAllen Medical Center further enhances its appeal to potential tenants. The asking price for this well-maintained, three-unit apartment building is $399,000. This represents a strong investment opportunity in a thriving Texas market with high rental demand. The property's excellent location and modern amenities make it an attractive option for both tenants and investors seeking a stable and profitable income stream. This is a turnkey opportunity to acquire a well-situated multifamily property in a rapidly growing area. The property consists of one building with three units. The zip code is 78501, and the property is located in Hidalgo County.
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
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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.