Investor alert!! This 8 unit multi family property is located just down the street from 10th st and La Plaza Mall. La Plaza Mall is the premier shopping destination in the Rio Grande Valley and features over 1,300,000 square feet of upscale and mainstream retail space. All of the units are 2 bedroom 2 bath, and have been extensively remodeled with new windows, door hardware, cabinets, counter tops, tile, recessed lighting, trim, and ceiling fans throughout. Don't miss this opportunity to purchase a property with an outstanding location and great income potential! Seller financing available!
TENANT OCCUPIED. Month to Month Lease on $1380. The potential market rent is $1500. Unit 15 is a lower level 3 bedroom 2 Bathroom Single story on 1st floor. Closed Car garage included. Built in 2010 compared to older units in the same subdivision. Beautiful Stucco Exteriors and Clay Roof Tile. Nice backyard common space with Gazebo and Outdoor in-ground swimming pool. Near grocery shopping and restaurants. Property professionally managed. Investors can continue with current property management if requested. The property does not qualify for FHA
WEll designed and built with high end materials by present owner. Builder is known for superb contruction and customer satisfaction. All units rented and very well maintained, all appliances convey , all bedrooms are upstairs and living areas and kitchens are on main floor. Small enclosed patio in rear , all floors are tile with no carpet in the condos... all the condos are extra large with built-ins and super clean. All units have their own meters/ electric/ water with an extra set of meters for the owner/ common area. Two units have a one car garage and all units have parking in front on concrete surface, all units have at least 2 parking spaces. Plus all units have fire protection/ sprinkler systems and extinguishers ..... One main control room for fire protection is located on outside of building.
WEll designed and built with high end materials by present owner. Builder is known for superb contruction and customer satisfaction. All units rented and very well maintained, all appliances convey , all bedrooms are upstairs and living areas and kitchens are on main floor. Small enclosed patio in rear , all floors are tile with no carpet in the condos... all the condos are extra large with built-ins and super clean. All units have their own meters/ electric/ water with an extra set of meters for the owner/ common area. Two units have a one car garage and all units have parking in front on concrete surface, all units have at least 2 parking spaces. Plus all units have fire protection/ sprinkler systems and extinguishers ..... One main control room for fire protection is located on outside of building.
The median home value in McAllen, TX is $204,100. This is higher than the county median home value of $166,400. The national median home value is $338,100. The average price of homes sold in McAllen, TX is $204,100. Approximately 51.91% of McAllen homes are owned, compared to 36.07% rented, while 12.02% are vacant. McAllen real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a McAllen real estate agent to arrange a tour today!
McAllen, Texas 78503 has a population of 141,941. McAllen 78503 is less family-centric than the surrounding county with 32.99% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in McAllen, Texas 78503 is $52,422. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in McAllen 78503 is 33 years.
The average high temperature in July is 96.6 degrees, with an average low temperature in January of 49.4 degrees. The average rainfall is approximately 21.8 inches per year, with 0 inches of snow per year.