USATXMcallenBrier Village4509 Larkspur Ave
View of front of house featuring stucco siding | Image 1
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4509 Larkspur Ave, Mcallen, TX

Condo

For Sale

Listed price in listed location currency (USD).
$13,000,000

00108

MLS® 483378

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 73752 sqft
Garage No
HOA Fees 
Taxes $21,600
Days Active 66
Approx. Age 2025
Avg. Price Per Sqft $176
MLS® Number 483378

Property Address: 4509 Larkspur Ave, Mcallen, TX, 78501-9093

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number483378
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Closet, Washer/Dryer Connection
Exposure
Exterior
GarageNo
Approx. Age2025
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 15, 2025List Date
$13,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
4509 Larkspur Ave, Mcallen, TX

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