613 S 12th Street McAllen, TX $ 389,000
613 S 12th Street
$ 389,000
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613 S 12th Street

McAllen, TX, 78501
$ 389,000
Baths0.0 Sq 3,343

Monthly Estimate*

$ 2,395

613 S 12th Street, McAllen, TX 78501 - Image 1
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Studio

Multi-Family Home for sale in McAllen, TX

for $389,000. This 3,343 square foot home was built in 1971 on a lot size of 0.1607.

Prime investment opportunity in the heart of Downtown McAllen. This fully occupied 6-unit multifamily property delivers strong, stable income with nearly $4,000/month in rents and an estimated 7.7% cap rate at the current asking price. Located in the desirable 78501 zip code, this property sits just minutes from 10th St and Expressway 83, offering excellent accessibility for tenants and consistent rental demand. Units are well-maintained, leased, and ideal for long-term cash flow. Downtown McAllen continues to grow with nearby shopping, restaurants, City Hall, and major employment centers, making this a reliable addition to any portfolio. Whether expanding your holdings or entering the multifamily sector, this property provides immediate income, strong fundamentals, and unbeatable location convenience. Don’t miss this rare opportunity in one of McAllen’s most sought-after rental corridors.

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Multi-Family Active

Price

$ 389,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,689

Style

Multi Family

Lot Size

0.1607

Year Built

1971

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

501268

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Multi Family
Tax Year 2025
Community Features Curbs Other Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Mcallen Addition
Status Active
Directions From Expressway North on 10th St left on Galveston right on S 12th St. Property will be on your right.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Square Feet
Lot Size Square Feet 7000.092
Elementary School Fields
Tax Annual Amount 7689
Home Warranty Y/N false
Middle/Junior High School Travis
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District McAllen ISD
Elementary School District McAllen ISD
Legal Description MCALLEN ADDITION LOT 10 BLK 50
Freehold BBO VOW IDX
Living Area 3343
Cooling Central Air Window Unit(s)
Roof Shingle
Appliances Electric Water Heater Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Block Other Siding
Year Built 1971
Stories Count 2
Energy Efficient Other
Garage Y/N false
Carport Spaces 1
Carport Y/N true
Year Built Source HCAD
Heating Central
Insurance Expense 1800
Other Structures Outbuilding (Other)
Gross Income 46740
MaintenanceExpense 1000
Number Of Units Total 7
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Interior
Interior Amenities Other
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
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Exterior
Lot Size Area 7000.092
Lot Size Acres 0.1607
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Alley Curb & Gutters Mature Trees Sidewalks
Fencing Chain Link None Other
Exterior Amenities Other
Parking Features Detached Other Garage or Carport Garage Faces Rear
Total Parking 1
Foundation Details Slab
Building Area Total 3343
Covered Spaces 1
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 2
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* Excluded Features
List By
Erasmo Arjona

Listing Agent

Re/Max Elite

Broker

erasmo@arjonarea.com

Email

Affordability Calculator

$3,036
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,395
Monthly Property Taxes
$641
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057358 Elementary School
3057398 Middle School
McAllen H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$389,000 Listed Price

Map


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613 S 12th Street, McAllen, TX, 78501 is a Multi-Family Home for sale at $389,000 with 3,343 sqft and a lot size of 0.1607. 613 S 12th Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 78501 which is in McAllen, TX