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613 S 12th Street
McAllen TX 78501 US

$389,000

Active Listing ID 501268
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Lot: 0.16 Acres
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$389,000

Active Listing ID 501268
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613 S 12th Street 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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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Window Unit(s)
  • Roof Type: Shingle
  • Heating Fuels: Central

School Information

  • School
  • Fields(Elementary)
  • Travis(MiddleSchool)
  • McAllen H.S.(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 389000
  • unparsedaddress: 613 S 12th Street
  • postalcity: McAllen
  • stateorprovince: TX
  • country: US
  • postalcode: 78501
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1607
  • lotsizeunits: Acres
  • lotsizearea: 0.1607
  • livingarea: 3343
  • livingareaunits: Square Feet
  • latitude: 26.197689
  • longitude: -98.232937
  • listagentfullname: Erasmo Arjona
  • listagentemail: erasmo@arjonarea.com
  • listagentkey: 3yd-GMARTX-801070286
  • listagentmlsid: 801070286
  • listagentpreferredphone: 9565229632
  • listagentofficephone: 9565229632
  • listofficekey: 3yd-GMARTX-277
  • listofficemlsid: 277
  • disclaimer: Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GMARTX
  • yearbuilt: 1971
  • listagenturl: http://www.homesrgv.com
  • countyorparish: Hidalgo
  • parcelnumber: M195000050001000
  • elementaryschool: Fields
  • highschool: McAllen H.S.
  • elementaryschooldistrict: McAllen ISD
  • middleorjuniorschooldistrict: McAllen ISD
  • highschooldistrict: McAllen ISD
  • appliances: Electric Water Heater, Refrigerator, Stove/Range
  • cooling: Central Air, Window Unit(s)
  • constructionmaterials: Block, Siding
  • heating: Central
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 1
  • parkingfeatures: Garage, Other
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Chain Link
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.23294, 26.19769
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX elite", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"erasmo@arjonarea.com", "ListBrokerageCity":"Mission", "ListBrokerageCountry":"US", "ListBrokerageEmail":"normahinojosa@remax.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX elite", "ListBrokeragePhone":"(956) 330-3674", "ListBrokeragePostalCode":"78572", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2575 E. Griffin Pkwy Ste. 14", "ListBrokerageWebsiteUrl":"http://www.homesrgv.com", "ListOfficeAddress1":"2575 E Griffin Parkway, Suite 14 Suite 14", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"277", "ListOfficeCity":"Mission", "ListOfficeCountry":"USA", "ListOfficeEmail":"norma_hinojosa@earthlink.net", "ListOfficePostalCode":"78572", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - McAllen, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-04-09 03:51:11", "Neighborhoods":[{"Description":null, "Name":"Mcallen Addition"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7689, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/9/2026 3:51:11 AM GMT
Source Updated Date: 4/11/2026 6:55:26 PM GMT

Courtesy of: Erasmo Arjona, RE/MAX elite, erasmo@arjonarea.com

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.