JUST SOLD in McAllen, TX — Another Turnkey 4-Plex for a Repeat Investor
I’m excited to share another major win for one of my long-term investors! We just closed on a fully leased 4-plex in McAllen, Texas, located in the highly desirable Park Terrace subdivision—one block south of Nolana off Jackson. This marks her 4th 4-plex purchase with me, and it’s another strong addition to her growing Rio Grande Valley portfolio.
A High-Demand Location in the Heart of McAllen
Park Terrace continues to be one of McAllen’s most sought-after multifamily neighborhoods thanks to its central location and consistent rental demand. The property is just minutes from:
Doctor’s Hospital at Renaissance
Expressway 281
Major shopping, dining, and entertainment
Top-rated McAllen ISD schools
For investors, this area is known for stable occupancy rates and long-term tenant retention—key factors for predictable passive income.
Turnkey, Fully Leased, and Cash-Flowing From Day One
This modern 4-plex features:
Two 2 bed / 2 bath units
Two 3 bed / 2 bath units
Full appliance packages including refrigerator, stove, microwave, dishwasher, washer, and dryer
Separate electric and water meters
2023 construction for low maintenance and strong market appeal
With all four units leased, this property delivered instant cash flow and required zero renovations or downtime—ideal for any investor building a scalable rental portfolio.
Why Investors Love McAllen Multifamily Properties
McAllen continues to outperform many Texas markets due to:
A strong job market and medical district
Steady population growth
High demand for quality rentals
Attractive price-to-rent ratios
Lower property taxes compared to other Texas metros
For investors looking to build long-term wealth through real estate, McAllen remains a top choice for stable returns and strong appreciation potential.
A Growing Portfolio and a Trusted Partnership
Helping this investor purchase her fourth 4-plex is an honor. It reflects the trust, communication, and long-term strategy we’ve built together. This property strengthens her existing holdings and puts her on track for even more portfolio growth in 2025.
Thinking About Investing in McAllen or the Rio Grande Valley?
Whether you’re a first-time investor or ready to expand your portfolio, the Rio Grande Valley offers exceptional opportunities in multifamily and residential investment properties.
If you’re looking for cash-flowing 4-plexes, duplexes, or long-term rental investments in McAllen, Edinburg, Mission, or South Padre Island, I’d love to guide you through the process.
Carina Veale | VP RealtyYour Local McAllen Multifamily + Investment Real Estate Specialist
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