3305 Frio Ave - Apartments FOR SALE


McAllen, TX 78504- Downtown McAllen
$520,000 USD
956-827-1415
3305 Frio Ave, McAllen, TX for Sale
$520,000 USD
Apartments - FOR SALE
1/24
null | 7.5% Cap Rate

3305 Frio Ave
McAllen, TX 78504
Downtown McAllen


HIGHLIGHTS

  • Close to Highway 107
  • Newer fourplex built in 2022, offering contemporary finishes.
  • Interiors feature granite countertops and tile flooring throughout.
  • Strong investment area positioned near employment, retail, and top schools.
  • Located in Stonebriar at Trinity Oaks with a managed HOA community.
  • Eight parking spaces on-site for tenant convenience.

OVERVIEW

This recently built quadruplex offers a compelling investment opportunity in the growing McAllen market. Constructed in 2022, the property spans over 4,000 square feet and features four units, including two three-bedroom units and two two-bedroom units. Each unit showcases modern interiors with tile flooring and granite countertops, ensuring durable and stylish finishes that appeal to tenants seeking quality accommodations. Situated in the Stonebriar at Trinity Oaks subdivision, the property provides convenient access to shopping, dining, and city amenities, while being just minutes from major thoroughfares connecting the broader Rio Grande Valley. Residents benefit from proximity to schools within Sharyland ISD, as well as regional medical centers, retail districts, and employment hubs. With a strong layout and a relatively new construction profile, 3305 Frio Avenue delivers stability and long-term income potential in one of the region’s most active rental markets. Its modern design and central location make it an attractive option for investors looking for low-maintenance assets with reliable occupancy prospects.

FOR SALE DETAILS

PRICE

$520,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

4

PRICE/UNIT

$130,000

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

Multi-Family

APN/PARCEL ID

G9900-00-002-0004-00,S6443-00-000-0015-00

ASK ABOUT THIS PROPERTY

Dean ChanGlobal RealtyMore Info
956-827-1415

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Dean ChanGlobal RealtyMore Info
956-827-1415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.