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Sold in McAllen: Turnkey 4-Plex for Repeat Investor 

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JUST SOLD in McAllen, TX — Another Turnkey 4-Plex for a Repeat Investor

Carina Veale

Carina has an innate ability to connect with people.  She meets with each client to assess their needs and explore their vision for a property...

Carina has an innate ability to connect with people.  She meets with each client to assess their needs and explore their vision for a property...

Nov 21 3 minutes read

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

📲 956-607-8626

   📧  [email protected]

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