806 W WALNUT AVENUE, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
806 W Walnut Avenue
McAllen, TX 78501
List Price$325,000
Listing #500156
2,059
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
Income-producing duplex-style property with detached studio apartment and private alley access. Studio includes kitchen, closet, and sleeping area, leased at $680/month. Main residence has averaged $1,850/month, offering strong cash flow potential. Ideal for investors or owner-occupants seeking rental income. Two electric meters, one water meter. Recently remodeled with updated kitchen and baths, newer flooring, A/C, water heaters, and fixtures. Main home features granite countertops, custom island, stainless steel appliances, formal living/dining with upgraded lighting, spacious bedrooms, and two full baths. Additional bonus room plus sunroom, washer/dryer area, and large covered patio with citrus trees. Alley access enhances tenant privacy. Located in McAllen ISD. Owner occupued DPA program available with approx. $2,000 down for qualified buyers (600+ credit), free application. Or investors 20% down.
Property Features
Location Information
County
Hidalgo
Directions
From North 2nd st. going South turn right on La Vista towards 10th St. Turn left (south) on 9th St. Turn right on Walnut, Second home to the right.
Subdivision
Highland Center
Interior Features
Interior
Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer
Laundry
Laundry Room, Washer/Dryer Connection
Heating
Central, Other HVAC
Appliances
Electric Water Heater, Dishwasher, Refrigerator, Stove/Range-Electric Coil, Washer
Cooling
Central Air, Other HVAC
Total Number of Units
2
Floors
Tile
Features
Sidewalks, Street Lights
Exterior Features
Construction
Brick, Siding
Garage Spaces
2
Exterior
Mature Trees, Sprinkler System
Parking Spaces
2
Foundation
Slab
Fencing
Privacy, Wood
Roof
Shingle
Patio / Deck Description
Covered Patio, Patio, Screened
Possession
Closing and Funding
Lot Description
Alley, Sidewalks, Sprinkler System
Septic or Sewer
City Sewer
Lot Size in Acres
0.263
Water
Public
Lot Size in Sq. Ft.
11,474
Utilities
Cable Available
Buildings
Outbuilding (None)
Parking Description
Attached
Energy Features
None
Has Garage
Yes
Road Description
Paved
School
Elementary School District
McAllen ISD
Middle School
Cathey
Elementary School
Jackson
High School
Memorial H.S.
Additional Information
Property Type
RI
Units in Complex
2
Property SubType
Duplex
Taxes
3766
Year Built
1978
Tax Year
2025
APN
H295000002000601
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,516
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,171
Monthly Tax
$270
Monthly Insurance
$75
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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