912 N 29TH STREET, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
912 N 29th Street
McAllen, TX 78501
List Price$310,000
Listing #414470
3,060
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
This unique property is a new investor's dream. Income producing Duplex - 2 bedrooms 1 bath, with a 3 bedroom 2 bathroom HOME sits directly across the street from the STC Pecan campus. Roof and AC was replaced 7 years ago, brand new water heaters in all three units. Don't wait, take the opportunity! Currently this property generates $2250 a month in rent but should be correctly priced at $2750 a month with proper rent increases. After some renovations home should easily rent for $1750 and each Apt. for $800 for a grand total of $3250. If held long enough STC could potentially buy out the subdivision, handsomely above market value.
Property Features
Location Information
County
Hidalgo
Directions
Traveling West on Pecan Blvd. towards South Texas College, turn South onto 29th St. Property is on the East side of the road before the intersection of 29th and Ivy. Parking for duplex is in the rear of the property via access of the alley.
Subdivision
Ivy Terrace
Interior Features
Interior
Ceiling Fan(s), Dryer, Washer
Laundry
Laundry Area, Washer/Dryer Connection
Heating
Central
Appliances
Electric Water Heater, Smooth Electric Cooktop, Refrigerator, Stove/Range
Cooling
Central Air
Total Number of Units
3
Floors
Other
Features
None
Exterior Features
Construction
Brick
Parking Spaces
6
Foundation
Slab
Fencing
Non Privacy
Roof
Composition Shingle
Lot Description
Irregular Lot
Possession
Closing and Funding
Lot Size in Acres
0.232
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
10,125
Water
Public
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
Thermostat
Parking Description
No Carport, No Garage
Road Description
Paved
Garage Spaces
0
School
Elementary School District
McAllen ISD
Middle School
Lincoln
Elementary School
Alvarez
High School
McAllen H.S.
Additional Information
Property Type
RI
Units in Complex
2
Property SubType
Triplex
Taxes
6289
Year Built
1981
Tax Year
2023
APN
I900000000000300
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,447
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,117
Monthly Tax
$258
Monthly Insurance
$72
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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