16 days on rocket

505 N 12th St, Mcallen, TX, 78501

$330,000

Home List Price

$3,919*

Closing Credit

0 Baths
3,841 SqFt
$86/SqFt
Multi

Location

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505 N 12th St, McAllen$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1976
CoolingWall/Window Unit(s)
MLS #29755608
Lot Size0.33 Acres
StatusActive

About 505 N 12th St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2
  • Living Area: 3,841 SqFt

Listing Office:

  • Office Name: Coldwell Banker La Mansion Real Estate
  • Office Phone: (956) 631-1322
  • Listing Agent: Marsha Acosta

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Beginning at Business 83 and 12th Street, McAllen-Head North on 12th St. for 5 blocks. Property is on the corner of 12th St. and Ebony Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $86/SqFt

Tax Information:

  • Annual Amount: $4,327
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Harlingen
  • MLS Number: #29755608

Listing Office:

  • Office Name: Coldwell Banker La Mansion Real Estate
  • Office Phone: (956) 631-1322
  • Listing Agent: Marsha Acosta

The data relating to real estate for sale on this web site comes in part of Rio Grande Valley MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Rio Grande Valley MLS. 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: 12/22/2024, 1:16:09 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$4,327$170,858
2019$4,110$170,858
2017$3,966$156,095

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-983723
6
/10

  • Woodrow Wilson Elementary School

  • 1200 E Hackberry Ave

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-983724
5
/10

  • Victor Fields Elementary School

  • 500 Dallas Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-983725
6
/10

  • Alvarez Elementary School

  • 2606 Gumwood Ave

  • 1.13 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Hidalgo County›McAllen›78501›505 N 12th St

This home is located at 505 N 12th St in Mcallen, TX and zip code 78501 in the Downtown neighborhood. This 3,841 square foot home, which was built in 1976, sits on a 0.33 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $330,000.

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

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