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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

Listed by Texas Landmark Realty LLC

$ 13,000,000

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4509 Larkspur AVE Mcallen, TX 78504

73,752 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 73,752 sqft

Subdivision Brier Village

MLS Listing ID 483378

HOA Y/N Yes

Year Built 2025

Annual Tax Amount $21,600

Tax Year 2025

Lot Size 4.017 Acres

Acres 4.0175

Property Sub-Type Apartment

Source Greater McAllen

Property Description

Prime investment opportunity in McAllen! This brand-new 72-unit apartment community at Nolana Ave and Bentsen Rd offers a 6%+ CAP rate with strong rental performance and high occupancy demand. Most of the 18 fourplex buildings are completed, and property management is actively leasing as utilities connect. Each fourplex has its own tax ID and legal description, providing flexibility for future resale or portfolio structuring. Average rents are $1,300 per month with tenants paying their own utilities. Units feature stainless-steel appliances, full-size washer and dryer, walk-in closets, designer kitchens with full-height cabinets, luxury bathrooms with glass showers and tubs, and private patios or grassed areas for every unit. Located near HEB, Walmart, hospitals, banks, and McAllen ISD, this safe, fast-growing area offers strong long-term appreciation potential.Ideal for 1031 exchange, portfolio growth, or depreciation benefits.

Location

State TX

County Hidalgo

Community Gated, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Equipment 1 Year Warranty

Appliance Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer

Laundry Laundry Closet, Washer/Dryer Connection

Exterior

Carport Spaces 108

Fence Other, Privacy, Wood

Community Features Gated, Sidewalks, Street Lights

Utilities Available Internet Access, Cable Available

View Y/N No

Roof Type Shingle

Total Parking Spaces 108

Garage No

Building

Lot Description Corner Lot, Irregular Lot, Professional Landscaping, Sidewalks, Sprinkler System

Faces Head east on W Nolana Ave toward N Bentsen Rd, Turn right onto N Bentsen Rd, Turn right onto Larkspur Ave

Story 2

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stucco

New Construction Yes

Schools

Elementary Schools Wernecke

Middle Schools Sharyland North Junior

High Schools Sharyland H.S.

Others

Tax ID B427000000000300 (+multiple GEO IDS)

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)