List Price:
$449,999
MLS Number:
494397
Property Type:
Residential Income
Property Sub Type:
Multi Family
Accessibility Features:
Appliances:
Electric Water Heater, No Conveying Appliances
Application Fee:
Association Fee:
Association Fee Frequency:
Association YN:
No
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
3660
Building Area Units:
Square Feet
Carport Spaces:
0
Carport YN:
No
City:
McAllen
Community Features:
None
Construction Materials:
Other
Cooling:
Window Unit(s)
Cooling YN:
Yes
Country:
US
County:
Hidalgo
Covered Spaces:
0
Designated Broker MUI:
1269332
Directions:
Head WEST on Business 83 in McAllen towards N 23rd St. Turn SOUTH on N 23rd St then West on Beaumont Ave.
Elementary School:
Thigpen-Zavala
Elementary School District:
McAllen ISD
Exterior Features:
None
Fencing:
Other
Fireplace YN:
Flooring:
Tile
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Other
Heating:
Heating YN:
High School:
McAllen H.S.
High School District:
McAllen ISD
Interior Features:
Other
Laundry Features:
None
Lease Term:
Leased Rent Share:
Living Area Source:
HidalgoCAD
Living Area SqFt:
3660
Living Area Units:
Square Feet
Lot Features:
Lot Size Acres:
0.155
Lot Size SqFt :
6751.8
Maintenance Expense:
$2,400
Middle School:
Travis
Middle School District:
McAllen ISD
New Construction YN:
Number Of Buildings:
1
Number Of Units In Community:
1
Number Of Units Total:
5
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$0
Other Structures:
Outbuilding (None)
Own Lot YN:
Parking Features:
No Carport, No Garage
Parking Total:
0
Patio And Porch Features:
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78501
Property Attached YN:
Public Remarks:
This 5-unit property (each unit 2 bed / 1 bath) is currently operating as a high-performing Airbnb portfolio with 300+ reviews, strong guest demand, and a proven operating history.
ACTUAL PERFORMANCE:
• Gross Income: $82, 563.24
• Net Operating Income: $55, 623.24
• Operating in real time
Offered at approximately a 10% cap rate, this is a stabilized, cash-flowing asset — not a value-add or speculative play. New ownership steps into immediate income from Day 1 with systems and momentum already in place.
Prime location just 3 minutes from Downtown McAllen and 4 minutes from the McAllen Convention Center, driving consistent short-term rental demand.
Seller is willing to remain involved for up to 2 months post-closing (if buyer prefers) to assist with Airbnb transition and operational handoff, making this a true turnkey acquisition.
A worthy opportunity for any serious real estate investor.
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Composition Shingle
Room Office Area:
Rooms Total:
Security Features:
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
Street Dir Suffix:
Street Name:
Beaumont
Street Number:
2513
Street Suffix:
Avenue
Subdivision:
Alta Mira
Tax Annual Amount:
$6,555
Tax Year:
2025
Utilities:
Water Source:
Public
Window Features:
Year Built:
1971
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