About This Home

This 0-bedroom, 0-bathroom residential multi family at 11003 N 36th Lane in McAllen, TX is listed for $720,000 ($122 per sqft). Built in 2023, the home offers 5,901 sqft of living space on a 0.36 acres lot.

Key Features

  • Built in 2023
  • 0.36 acre lot

Property Details

1 story
2023

Amenities

A/C
Listing Description

Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market. Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility.

All units are fully equipped with in-unit washer and dryer, stove, refrigerator, and microwave hood-an attractive feature that supports higher rental rates and tenant retention while minimizing future capital expenditures. Each unit includes a private patio with grass and sprinkler system, enhancing tenant appeal and overall property desirability.

Rear alley access with 11 parking spaces ensures ample parking, a key factor for tenant satisfaction and occupancy stability. low maintenance finishes, and strong rental demand in N McAllen, ideal turnkey property with immediate income and long-term appreciation potential.

Monthly Cost Estimate

$4,451/mo

20% down · 6.5% · 30 years

Principal$521
Interest$3,120
Insurance$210
HOA$600

Estimates only. Actual payments may vary.

Location

11003 N 36th Lane

McAllen, TX 78504

Stonebriar At Trinity Oaks

Property Details

Construction

Stucco

Outdoor Features

Patio

Parking

Garage

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

Electric Water HeaterDryerMicrowaveRefrigeratorStove/RangeWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 11003 N 36th Lane is listed at $720,000 ($122/sqft). The estimated monthly payment is $4,451 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $600/month.

Key features include: Built in 2023, 0.36 acre lot.

This property is listed by Jenny I. Avellaneda.

JA

Jenny I. Avellaneda

Agent at Effective Real Estate, LLC

Listed by Effective Real Estate, LLC · Broker phone: (512) 749-3897 · View on Broker Site · Broker website

MLS# 501168· Source: Greater McAllen Association of Realtors· 7 days on PropertySimple

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.

11003 N 36th Lane, McAllen, TX 78504

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