2904 HIGHLAND AVENUE, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
2904 Highland Avenue
McAllen, TX 78501
List Price$385,000
Listing #498364
6,768
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Investment Opportunity in the Heart of McAllen! Well-maintained 4-plex located at 2904 Highland Ave offering strong rental potential and a proven steady rental history. All four units are currently leased, providing immediate and consistent cash flow from day one--a true turnkey investment opportunity. Each unit is individually metered for electricity, while the property operates on a single water meter averaging approximately $150/month, helping keep operating expenses low. Built in 2000 with an effective year built of 2010, this property has been consistently maintained, supporting long-term tenant retention and overall condition. Ideally situated near Rowe High School with convenient access to major roadways, shopping, and dining. This centrally located multifamily asset is perfect for investors seeking stable, income-producing property in a high-demand rental market.
Property Features
Location Information
County
Hidalgo
Directions
Head northwest on I-2, Take exit 140 toward FM 2220/Ware Rd, Merge onto W Expy 83/W Frontage Rd E/US-83 Frontage Rd/WB U S 83, Turn right onto S 29th St/Rooth Rd, Continue to follow S 29th St, Turn left onto Highland Ave/Z Highland Ave W, Destination will be on the right.
Subdivision
La Lomita Estates
Interior Features
Interior
Ceiling Fan(s)
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Heating
Central
Total Number of Units
4
Cooling
Central Air
Features
Curbs, Sidewalks, Street Lights
Floors
Tile
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
None
Exterior Features
Construction
Brick
Parking Spaces
4
Foundation
Slab
Fencing
Wood
Roof
Shingle
Patio / Deck Description
Deck
Possession
Closing and Funding
Lot Description
Curb & Gutters, Sidewalks
Septic or Sewer
City Sewer
Lot Size in Acres
0.189
Water
Public
Lot Size in Sq. Ft.
8,249
Security Features
Smoke Detector(s)
Buildings
Outbuilding (None)
Parking Description
Detached, No Garage, Other Garage or Carport
Energy Features
Attic Fans
Garage Spaces
0
Road Description
Paved
School
Elementary School District
McAllen ISD
Middle School
De Leon
Elementary School
Seguin
High School
Rowe H.S.
Additional Information
Property Type
RI
Units in Complex
2
Property SubType
Quadruplex
Taxes
5126
Year Built
2000
Tax Year
2025
APN
L132000000009100
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,796
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,387
Monthly Tax
$320
Monthly Insurance
$89
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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