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Days29Days on Market
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$550,000

5601 Ozark Avenue, McAllen, TX, 78504

On MarketInfo
CommercialInfo
Beds10 Beds
Baths4,100 Sq Ft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 10Bedrooms 10
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile

Exterior

Lot Size10,690 sqft

Building Information

Year Built2023
Roof Type105

Land Information

APNH3473-00-000-0074-00
Lot Number74
SubdivisionHills At Sharyland
Land UseApartment
Legal DescriptionHILLS AT SHARYLAND LOT 74
Assessed Land Value$140,006
Assessed Improvement Value$486,177
Assessment Year2025

About this property

Excellent investment opportunity in the highly desirable The Hills at Sharyland subdivision! Built in 2023, this modern four-unit property features a contemporary design and is fully leased, offering immediate rental income. Two units offer 3 bedrooms and 2 bathrooms, while the other two units feature 2 bedrooms and 2 bathrooms, all thoughtfully designed with open-concept layouts. Each unit boasts a spacious kitchen with a breakfast bar, ample cabinetry, and quartz countertops, along with generously sized bedrooms and large closets. Tenants enjoy two covered carport spaces per unit and a fenced backyard for added privacy. Appliances included in each unit are an electric stove/range, refrigerator, and washer/dryer. Property is move-in ready, pending final light connection. Don't miss this exceptional, turnkey investment-schedule your showing today!

Investor Tools

$485,315Estimated Mortgage Balance
$140,868Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,757 /month
Positive
Cash Flow Estimate:
$1,252 /month

Interested in this property?

Bryanna Hernandez

Imperio Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,026/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,184
$626,183
2025
$140,006
$486,177
$626,183
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,184
$626,183

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$504,222
Yes
First
Apr 2, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,315
$140,868
22%
78%
$3,024/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McAllen

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5601 Ozark Avenue | Property Details | No Agent List