Great investment opportunity on brand new construction, with high income rental! Currently under construction and almost ready. Property Manager already has created a waiting list and tenants are signing up! Income for 3 bed are projected at $1200 and 2 Bed at $1100. Landlord pays water and trash on all units. Las Villitas on Shary is the newest four-plex subdivision, located off Shary Road and 4-mile Line McAllen. You cant miss this opportunity at 8% CAP or more! Its time to invest in brand new and forget about constant repairs. Or move into 1 and lease the other 3! Exceptional location and high end construction with units for 2/2 at 970 SF and 3/2 1200 SF. Walk-In Closets, Private Patios, Covered Parking, Luxury Kitches, One Story, Stainless Steel Appliances plus Washers and Dryers! Caltia is a great builder and will have warranties on construction until July 2021.
Off market
$456,700
5801 Nightingale Ave, McAllen, TX 78504
--beds
0baths
4,300sqft
MultiFamily
Built in 2019
-- sqft lot
$456,700 Zestimate®
$106/sqft
$1,382 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Washer
- Laundry: Washer/Dryer Connection, Area
Features
- Ceiling Fan(s), Cable TV, Walk-In Closet(s), Other
- Flooring: Tile, Other
Interior area
- Total interior livable area: 4,300 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
Features
- Exterior features: Stone, Brick
- Fencing: Partial, Wood
Lot
- Size: 10,811 sqft
- Features: Irregular Lot
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- New Construction
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Gated Entrance, Smoke Alarm(s)
Location
- Region: Mcallen
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $83 monthly
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- NewConstructionYN: true
- InteriorFeatures: Ceiling Fan(s), Cable TV, Walk-In Closet(s), Other
- CarportYN: true
- NumberOfUnitsTotal: 2
- AssociationYN: 1
- FoundationDetails: Slab
- ConstructionMaterials: Stone, Brick
- PropertyCondition: New Construction
- PropertyAttachedYN: true
- CommunityFeatures: Gated, Property Owners' Assoc.
- NumberOfUnitsInCommunity: 2
- LaundryFeatures: Washer/Dryer Connection, Area
- NumberOfBuildings: 2
- Fencing: Partial, Wood
- StoriesTotal: 1.00
- ParkingFeatures: No Garage
- CoveredSpaces: 8
- MaintenanceExpense: 780
- GrossIncome: 55200
- Appliances: Washer, Electric Water Heater
- Cooling: Central
- Flooring: Other, Porcelain Tile
- Roof: Composition Shingle
- Heating: Central
- LotFeatures: Irregular Lot
- SecurityFeatures: Gated Entrance, Smoke Alarm(s)
- ExteriorFeatures: Motorized Gate
- MlsStatus: Active
- InsuranceExpense: 2160
- AssociationName: Las Villitas at the Groves on Shary HOA
- OtherExpense: 7560