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120 S 4th St, Mcallen, TX, 78501

$2,500,000

Home List Price

$10,000*

Closing Credit

1 Full Bath
9,968 SqFt
$251/SqFt
Multi

Location

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120 S 4th St, McAllen$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1985
HeatingOther
CoolingOther
MLS #96160595
StatusActive

About 120 S 4th St

Don't miss this chance to acquire this well located and unique income producing asset. The property is located just steps from popular retail and restaurants and the highly trafficked intersection of business 83 and 2nd st. All of the units have been professionally remodeled with high quality finishes, and are turn key ready for occupancy. The property presents an particularly interesting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units are equipped with smart tv's, comfortable beds, dining areas, kitchenettes, and in unit washer and dryers.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 1
  • Living Area: 9,968 SqFt

Listing Office:

  • Office Name: Effective Real Estate, LLC
  • Office Phone: (956) 502-0238
  • Listing Agent: Esteban Flores

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From business 83 and 2nd st: Go W on business 83, go S on 4th st. The property will be on your right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $251/SqFt

Tax Information:

  • Annual Amount: $10,190
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #96160595

Listing Office:

  • Office Name: Effective Real Estate, LLC
  • Office Phone: (956) 502-0238
  • Listing Agent: Esteban Flores

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/6/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,190$402,313
2019$10,980$417,442
2017$22,454$883,816

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-750439
5
/10

  • Victor Fields Elementary School

  • 500 Dallas Ave

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-750440
6
/10

  • Woodrow Wilson Elementary School

  • 1200 E Hackberry Ave

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-750441
9
/10

  • Thigpen-Zavala Elementary School

  • 2500 Galveston Ave

  • 1.59 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,776. The most common annual income of people living in Hidalgo County, TX is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Hidalgo County›McAllen›78501›120 S 4th St

This home is located at 120 S 4th St in Mcallen, TX and zip code 78501. This 9,968 square foot home was built in 1985. Features: 1 bathroom. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $2,500,000.

In December 2024 in Hidalgo County, TX there were 18.6% more homes for sale than in November 2024. Listings spent 119 days on the market in December 2024, and had a median list price of $272,018 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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