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3305 Frio Ave 4 Unit Apartment Building $520,000 ($130,000/Unit) 7.50% Cap Rate McAllen, TX 78504
Investment Highlights
- Close to Highway 107
- Interiors feature granite countertops and tile flooring throughout.
- Located in Stonebriar at Trinity Oaks with a managed HOA community.
- Newer fourplex built in 2022, offering contemporary finishes.
- Strong investment area positioned near employment, retail, and top schools.
- Eight parking spaces on-site for tenant convenience.
Executive Summary
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.
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.
Property Facts
| Price | $520,000 | Building Class | C |
| Price Per Unit | $130,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 4,012 SF |
| Cap Rate | 7.50% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Parking Ratio | 1.99/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Multi-Family - Close to 29th St and 107 | ||
| Price | $520,000 |
| Price Per Unit | $130,000 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,012 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | Multi-Family - Close to 29th St and 107 |
Amenities
Unit Amenities
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Yard
Site Amenities
- Playground
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
| 3+2 | 2 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $449,779 | |
| Land Assessment | $156,530 | Total Assessment | $606,309 |
Property Taxes
Parcel Numbers
Land Assessment
$156,530
Improvements Assessment
$449,779
Total Assessment
$606,309
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3305 Frio Ave