202 N 40TH STREET, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
202 N 40th Street
McAllen, TX 78501
List Price$124,000
Listing #493405
2
Bedrooms
1 full
Bathrooms
988
Square Feet
House
Type
About This Property
INVESTOR SPECIAL in PRIME McAllen location! 2BDRM/1BA investment property, featuring 988 living SF on .07 acres. Built in 1972 and ideally positioned right off Ware Rd & Business 83 with quick access to high-traffic retail, dining, medical facilities, convention center, mall, and airport. Perfect for buy-and-hold or value-add investors in a high-demand rental corridor, offering excellent upside and strong ROI in a proven rental market. Capitalize on this unique opportunity!
Property Features
Location Information
County
Hidalgo
Directions
Head South on Ware Rd., take a right off Ware Rd onto Beech Ave just before Business 83. Property will be located 3rd street to your right just on the corner of Beech Ave and N. 40th to your right-hand side.
Subdivision
Golden Acres Retirement
Interior Features
Interior
Countertops (Tile)
Cooling
Central Air, No HVAC
Primary Bedroom Description
Separate Shower
Floors
Tile
Full Baths
1
Laundry
Laundry Area, Washer/Dryer Connection
Dining Room Description
Living Area(s): 1
Appliances
Electric Water Heater, Stove/Range-Electric Smooth
Living Room Description
Living Area(s): 1
Features
Street Lights
Heating
Central, No HVAC
Windows/Doors Description
Vertical Blinds
Exterior Features
Construction
Brick
Garage Spaces
0
Foundation
Slab
Parking Spaces
2
Roof
Composition Shingle
Fencing
Wood
Possession
Closing and Funding
Patio / Deck Description
Covered Patio, Patio Slab
Septic or Sewer
City Sewer
Lot Size in Acres
0.075
Water
Public
Lot Size in Sq. Ft.
3,250
Utilities
Water Available
Energy Features
Thermostat
Parking Description
Garage Faces Rear
Road Description
Paved
School
Elementary School District
McAllen ISD
Middle School
Idea River View
Elementary School
Alvarez
High School
Rowe H.S.
Additional Information
Property Type
SFR
Status
Active
Property SubType
Single Family Residence
Taxes
1839
Year Built
1972
Tax Year
2025
APN
G480003000001602
Square Feet Source
HidalgoCAD
Mortgage Calculator
$577
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$446
Monthly Tax
$103
Monthly Insurance
$28
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