2501 W STATE HIGHWAY 107, MCALLEN, TX 78504

Homes for sale in Mcallen.

Homes for sale in 78504.


Active

List Price$720,000

2501 W State Highway 107

McAllen, TX 78504

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #503212

8,405

Square Feet

10

Number of Units

House

Type

About This Property

Exceptional dual-asset opportunity in North McAllen 78504, positioned in one of the city's most desirable and high-growth corridors. This offering includes a fully renovated 10-unit apartment complex featuring all 2 bed / 2 bath units with projected rents of approximately $700 per unit, delivering strong and immediate income potential. Adjacent is a brand-new, turnkey office property comprised of two modern buildings, three private offices, and a dedicated conference room--ideal for an owner-user or professional headquarters. Acquire both assets for $1.4M or purchase individually. This is a rare chance to control income-producing real estate while operating your business next door. Strategic, scalable, and built for long-term growth

Property Features

Location Information

County

Hidalgo

Directions

Traveling west on 107/University Dr. Pass 23rd/Depot Rd. Take the turnaround at 29th and property will be on right side.

Subdivision

Texas Mexican Railway

Interior Features

Interior

Ceiling Fan(s)

Laundry

Laundry Room

Heating

Central, Electric

Appliances

Water Heater (None), Water Heater (Other), No Conveying Appliances

Cooling

Central Air, Electric

Total Number of Units

10

Floors

Tile

Features

Other

Exterior Features

Construction

Solid Masonry

Parking Spaces

10

Exterior

Other

Fencing

Other

Foundation

Slab

Lot Description

Corner Lot, Irregular Lot, Mature Trees

Roof

Shingle

Lot Size in Acres

1.432

Possession

Closing and Funding

Lot Size in Sq. Ft.

62,377

Septic or Sewer

City Sewer

Buildings

Outbuilding (None)

Water

Public

Energy Features

None

Parking Description

No Carport, No Garage

Road Description

Caliche, Gravel

Garage Spaces

0

School

Elementary School District

Edinburg ISD

Middle School

Longoria

Elementary School

Cavazos

High School

Vela H.S.

Additional Information

Property Type

SFR

Units in Complex

3

Property SubType

Apartment

Taxes

9501

Year Built

1984

Tax Year

2021

APN

T2100002800011060

Square Feet Source

HidalgoCAD

Status

Active

Similar Listings

Mortgage Calculator

$3,362

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,594

Monthly Tax

$600

Monthly Insurance

$168

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

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