$275,000
0.33 Acre Lot

505 N 12th Street, Mcallen Tx 78501

  • Residential Income Property Type
  • Garage Faces Side Cars Garage
  • 1976 Year Built
Property Description

Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen’s main arteries, it’s close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there’s significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don’t miss this chance to own a promising property with great growth potential.

Basic Details
Residential Income
For Sale
446232
$275,000
1976
0.33 Acre
Active
Coldwell Banker La Mansion
Quadruplex
: Composition Shingle
Features
: Central, Electric
: Central Air, Electric, Wall Unit(s)
: Chain Link
: Deck/Balcony/Porch, Covered Patio
: Garage Faces Side
3
: Hardwood
: Ceiling Fan(s)
: Laundry Room
: City Sewer
Appliances
: Refrigerator, Electric Water Heater, Stove/Range-Electric Coil
Address Map
US
TX
Hidalgo
Mc Allen
78501
12th
505
Street
W99° 46' 5.7''
N26° 12' 30''
Beginning at Business 83 and 12th Street, McAllen-Head North on 12th St. for 5 blocks. Property is on the corner of 12th St. and Ebony Ave.
N
Neighborhood
Wilson
McAllen ISD
McAllen H.S.
McAllen ISD
McAllen ISD
Travis
Additional Information
: Public
2
4
: Corner Lot, Sidewalks
: Pillar/Post/Pier
: Brick, Frame/Wood
: Sidewalks, Street Lights
3841
Financial
7010
Listing Information
801067703
58
Option
2025-08-04T20:58:58Z
GMAR
Agent Info
Office Agent
322 W Nolana Ave, McAllen, TX 78504 USA
Contact Agent
Contact Us
(956)664-2121