2513 Beaumont Avenue, Mcallen, TX 78501
- $449,000
- 3,660
- SqFt
- List Price
- $449,000
- Status
- ACTIVE
- MLS#
- 503482
- Living Area
- 3,660
- Lot Size (Acres)
- 0.155
- Year Built
- 1971
Property Description
A renovated 5-unit short-term rental portfolio in McAllen's Medical Corridor, generating $82,563 in gross revenue and $55,623 NOI on FY 2025 actuals. The property totals 3,660 SF with a unit mix of (4) 2BR/1BA and (1) 1BR/1BA — all turnkey and actively income-producing. Airbnb with 300+ reviews, strong guest demand, and a proven operating history. At a 32.6% expense ratio this asset is priced well below replacement cost and delivers returns nearly double the Texas multifamily average. Located within 2 miles of Rio Grande Regional Hospital and South Texas Health System, demand is consistent and recurring.
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Additional Information
- Area
- Mcallen
- Subdivision
- Alta Mira
- Taxes
- $6,555
- Stories
- 1
- Amenities
- None
- Exterior Features
- None
- Heating
- Zoned, Electric
- Cooling
- Zoned, Electric
- Sewer
- City Sewer
- School District
- McAllen ISD
- Elementary School
- Thigpen-Zavala
- Middle School
- Travis
- High School
- McAllen H.S.
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Listing courtesy of Cole Carpenter with