1701 AVOCET AVENUE, MCALLEN, TX 78504
Homes for sale in Mcallen.
Homes for sale in 78504.
List Price$5,640,000
1701 Avocet Avenue
McAllen, TX 78504
Listing #510074
68,024
Square Feet
94
Number of Units
House
Type
About This Property
Excellent investment opportunity! Parklane Apartments is a 94-unit complex spanning 9 buildings near Bicentennial Blvd and Dove Ave in North McAllen. Unit mix includes 34 one-bed/one-bath units (each with a private patio) and 60 two-bed/one-bath units, all conveying with a stove and refrigerator. Built in 1982, the property features on-site laundry, a swimming pool, tennis court, and basketball court, and is professionally managed with an established tenant screening process. This location is a proven value-renter magnet! Adjacent to Bill Schupp Park, minutes from Doctors Hospital at Renaissance, and close to South Texas College and UT Rio Grande Valley. Easy access to I-2 and I-69C, plus proximity to La Plaza Mall and Downtown's 17th Street entertainment district, adds tenant appeal. Located within McAllen ISD. A solid, stable asset in one of South Texas's strongest markets. Don't miss this opportunity!
Property Features
Location Information
County
Hidalgo
Directions
From N Bicentennial Blvd, head east on Avocet Ave. Property is located on the south side of Avocet Ave, just past Bicentennial Blvd, near Bill Schupp Park. Look for the Parklane Apartments sign. From Downtown McAllen: Head north on N Bicentennial Blvd. Turn right (east) on Avocet Ave. Property is on the right (south side of Avocet), across from Bill Schupp Park.
Subdivision
Parklane
Interior Features
Interior
Ceiling Fan(s)
Laundry
Laundry Area
Heating
Central, Electric
Appliances
Electric Water Heater, Electric Cooktop, Refrigerator
Cooling
Central Air, Electric
Total Number of Units
94
Floors
Carpet, Tile
Features
Curbs, Pool, Tennis Available
Exterior Features
Construction
Brick
Patio / Deck Description
Patio
Exterior
Mature Trees
In-Ground Pool
Yes
Foundation
Slab
Pool Description
In Ground, Fenced
Roof
Shingle
Lot Description
Curb & Gutters, Mature Trees, Professional Landscaping
Possession
Closing and Funding
Lot Size in Acres
2.977
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
129,678
Parking Description
Garage Faces Front, Garage Faces Rear, Garage Faces Side
Buildings
Laundry Facility, Storage
Garage Spaces
0
Energy Features
Other
Parking Spaces
94
Road Description
Paved
Fencing
None
School
Elementary School District
McAllen ISD
Middle School
Morris
Elementary School
Milam
High School
McAllen H.S.
Additional Information
Property Type
SFR
Units in Complex
6
Property SubType
Apartment
Taxes
154393
Year Built
1982
Tax Year
2025
APN
I604500000000100
Square Feet Source
Appraiser
Status
Active
Mortgage Calculator
$26,339
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$20,323
Monthly Tax
$4,700
Monthly Insurance
$1,316
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder