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$309,000

Listing Price

4beds

4baths

3,841sqft

14,000sqft lot

505 N 12th St, Mcallen, TX 78501

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1976

Year built

Home Details

Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.

Interior Details

Square Feet
  • 3841

Bedrooms
  • 4

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 14000

Water
  • No

Sewer
  • No

Parking
  • Type:

    Carport (unspecified)

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,327

$58,100

$112,758

--%

$170,858

2019

$4,358

$58,100

$112,758

--%

$170,858

2018

$4,110

$56,000

$106,062

--%

$162,062

2017

$3,965

$56,000

$100,095

--%

$156,095

2016

$3,089

$56,000

$65,136

--%

$121,136

2014

$2,764

$56,000

$51,930

--%

$107,930

2013

$2,738

$56,000

$54,388

--%

$110,388

2011

$2,606

$47,600

$58,905

--%

$106,505

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Average Home Price in 78501

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
309,000
$
Down payment
61,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,854
$
HOA (Monthly)
0
$
PMI
0
$
$2,000
Your Payment
Total Monthly Payment:$2,000
Percent of Income:34%
Affordable:No

Details for 505 N 12TH ST

Property Debt

Foreclosure Contact Details