613 S 12th St

McAllen, TX 78501

$389,000
Price
—
Beds
—
Baths
3,343 Sq. Ft.
$116 / Sq. Ft.
3,343
Sq. Ft.
$116
per Sq. Ft.
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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...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.
  1. Listed by Erasmo Arjona • TREC #801070286 • Re/Max Elite

Property Details for 613 South 12th Street

Community Features
Curbs, Other, Sidewalks, Street Lights
Subdivision Name
Mcallen Addition
LISTING UPDATED: 04/09/2026 12:07 AM

Property Details for 613 South 12th Street

StatusActive
MLS #501268
Days on Market33
Taxes$7,689 / year
HOA Fees-
Condo/Co-op Fees$1,000 / year
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1971
Lot Size0.16 AC / 7,000 SF
CountyHidalgo County
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Location

Listing Courtesy of Re/Max Elite
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Building Information for 613 South 12th Street

Stories2Residences7Year Built1971Building Size-Lot Size0.16 AC / 7,000 SF

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$2,683 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,959

Property Taxes

$641

HOA Dues

$83

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Property Information for 613 South 12th Street

Summary
Location and General Information
  • Directions: From Expressway North on 10th St, left on Galveston, right on S 12th St. Property will be on your right.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 1.0
  • Carport YN: Yes
  • Covered Spaces: 1.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Detached, Other Garage or Carport, Garage Faces Rear
  • Parking Total: 1.0
School Information
  • Elementary School: Fields
  • Elementary School District: McAllen ISD
  • High School: McAllen H.S.
  • High School District: McAllen ISD
  • Middle Or Junior School: Travis
  • Middle Or Junior School District: McAllen ISD
Taxes and HOA
  • Association: No
  • Parcel Number: M195000050001000
  • Tax Annual Amount: $7,689
  • Tax Legal Description: MCALLEN ADDITION LOT 10 BLK 50
  • Tax Year: 2025
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 3343.0
  • Building Area Units: Square Feet
  • Living Area: 3343.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Alley, Curb & Gutters, Mature Trees, Sidewalks
  • Lot Size Acres: 0.1607
  • Lot Size Area: 7000.092
  • Lot Size Square Feet: 7000.092
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1971
  • Year Built Source: HCAD
  • Escrow: $4,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Other
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other
  • Fencing: Chain Link, None, Other
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Block, Other, Siding
  • Other Structures: Outbuilding (Other)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Cooling: Central Air, Window Unit(s)
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: None
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $46,740.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $1,000.00
Multi-Family Information
  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Other Expense: $6,300.00

Property History for 613 South 12th Street

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Listed (Active)

Greater McAllen Association of REALTORS #501268

$389,000—
Aug 14, 2023

Sold

Greater McAllen Association of REALTORS #401882

—
Jul 19, 2023

Pending

Greater McAllen Association of REALTORS #401882

—
DateEvent & SourcePrice
04/08/2026

Listed (Active)

Greater McAllen Association of REALTORS #501268

$389,000
08/14/2023

Sold

Greater McAllen Association of REALTORS #401882

—
07/19/2023

Pending

Greater McAllen Association of REALTORS #401882

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 613 South 12th Street

Taxable ValueLand$126,350Additions$210,778Total$337,128
Tax Record2024$5,422 ($452 / month)
Home Facts
Total Finished SqFt3,343 SqFtAbove Grade Finished SqFt3,343 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1971Year Renovated2010CountyHIDALGOAPNM1950-00-050-0010-00

Schools near 613 South 12th Street

This home is within Mcallen Independent School District.
Rating
School
Type
Grades
Distance
Fields Elementary School
Public - PK to 5
Travis Middle School
Public - 6 to 8
Mcallen High School
Public - 9 to 12
Lamar Academy
Public - 10 to 12
Rating
School
Distance
Fields Elementary School
PublicPK to 5

Travis Middle School
Public6 to 8

Mcallen High School
Public9 to 12

Lamar Academy
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 613 South 12th Street, McAllen, TX 78501

613 South 12th Street is a multi-family home for sale in McAllen, TX 78501. This property was listed for sale on April 9, 2026 by Re/Max Elite, it's currently listed at $389,000. It has been on the market for a total of 33 days and was last sold on August 15, 2023. This listing's school district is Mcallen Independent School District. Nearby schools include Fields Elementary School, Travis Middle School and Mcallen High School. 613 South 12th Street is a 0-bed, 0-bath, 3,343 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Elite

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.