2513 BEAUMONT AVENUE, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
List Price$449,000
2513 Beaumont Avenue
McAllen, TX 78501
Listing #503482
3,660
Square Feet
5
Number of Units
House
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
Head WEST on Business 83 in McAllen towards N 23rd St. Turn SOUTH on N 23rd St then West on Beaumont Ave.
Subdivision
Alta Mira
Interior Features
Heating
Zoned, Electric
Appliances
Electric Water Heater, No Conveying Appliances
Cooling
Zoned, Electric
Total Number of Units
5
Floors
Tile
Features
None
Laundry
None, Washer/Dryer Connection
Exterior Features
Construction
Other
Parking Spaces
0
Foundation
Slab
Fencing
Chain Link, Wood
Roof
Composition Shingle
Lot Size in Acres
0.155
Possession
Closing and Funding
Lot Size in Sq. Ft.
6,751
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Water
Public
Energy Features
Other
Parking Description
No Carport, No Garage
Road Description
Paved
Garage Spaces
0
School
Elementary School District
McAllen ISD
Middle School
Travis
Elementary School
Thigpen-Zavala
High School
McAllen H.S.
Additional Information
Property Type
SFR
Units in Complex
1
Property SubType
Apartment
Taxes
6555
Year Built
1971
Tax Year
2025
APN
A300000019001000
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$2,095
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,617
Monthly Tax
$374
Monthly Insurance
$104
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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