# 613 S 12th Street, McAllen, TX 78501

> **TL;DR:** residential multi family, $389,000 ($116/sqft), built 1971, 3,343 sqft.
> A/C. Est. $1,686/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $389,000 |
| Price/sqft | $116 |
| Square Feet | 3,343 |
| Year Built | 1971 |
| Lot Size | 7,000 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,686 |
| **Total** | **$1,686** |

## Nearby Schools

- **Elementary:** Fields
- **Middle:** Travis
- **High:** McAllen H.S.

## Key Amenities

- A/C

## Property Highlights

- Built in 1971
- 0.16 acre lot
- 2 stories
- 1 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 613 S 12th Street, McAllen, TX 78501
- **County:** Hidalgo
- **Neighborhood:** Mcallen Addition
- **Coordinates:** 26.197689, -98.232937
- **Google Maps:** https://www.google.com/maps?q=26.197689,-98.232937

## Listing Agent

- **Name:** Erasmo Arjona
- **Brokerage:** RE/MAX elite
- **Phone:** 9565229632
- **Email:** erasmo@arjonarea.com

## Primary Photo

![613 S 12th Street - Primary Photo](http://lh.rdcpix.com/98fcb174fbd49a57efc6bd88211a07f5l-f1106507376r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/613-s-12th-street-mcallen-tx-78501-x501268)*

---

**MLS#:** 501268 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/613-s-12th-street-mcallen-tx-78501-x501268)

---

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