Estimated payment $2,333/month
Total Views
256
--
Bed
--
Bath
5,265
Sq Ft
$65
Price per Sq Ft
Highlights
- 0.9 Acre Lot
- Window Unit Cooling System
- Tile Flooring
- No HOA
- Laundry Room
- Ceiling Fan
About This Home
Great investment opportunity! This one-acre corner property features five income-producing homes, each currently generating $800 per month. With a prime location just 5 minutes from Tierra Santa Golf Course and Business Highway 83, the area offers strong rental demand and long-term growth potential. The land’s size and layout provide excellent possibilities for subdividing and selling individually or simply continuing to enjoy steady rental income. A versatile property with multiple exit strategies in a rapidly developing area—ideal for investors looking to expand their portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,487
Year Built
- Built in 1983
Home Design
- Stucco
Interior Spaces
- 5,265 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Laundry Room
Schools
- Rivas Elementary School
- De Leon Middle School
- Donna High School
Additional Features
- 0.9 Acre Lot
- Window Unit Cooling System
Listing and Financial Details
- Assessor Parcel Number B050000002001100
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
- Balli Estates Subdivision
Building Details
- Gross Income $4,000
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $340,000 | +41.7% | $65 / Sq Ft | |
| 08/31/2021 08/31/21 | Sold | -- | -- | -- | View Prior Sale |
| 08/04/2021 08/04/21 | Price Changed | $240,000 | -9.4% | $46 / Sq Ft | |
| 07/18/2021 07/18/21 | For Sale | $265,000 | 0.0% | $50 / Sq Ft | |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- | |
| 02/25/2021 02/25/21 | Price Changed | $265,000 | -3.6% | $50 / Sq Ft | |
| 11/09/2020 11/09/20 | For Sale | $275,000 | +205.6% | $52 / Sq Ft | |
| 11/04/2020 11/04/20 | Sold | -- | -- | -- | View Prior Sale |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- | |
| 02/29/2020 02/29/20 | For Sale | $90,000 | -- | -- |
Source: Greater McAllen Association of REALTORS®
About the Listing Agent
Julian's Other Listings
Source: Greater McAllen Association of REALTORS®
MLS Number: 487242
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