Estimated payment $4,336/month
Highlights
- Corner Lot
- Tile Flooring
- Ceiling Fan
- No HOA
- Central Heating and Cooling System
- 4-minute walk to Donna City Square Park
About This Home
Exceptional 12-unit multifamily opportunity in Donna, TX offering strong income potential with future flexibility. This two-story property features 6,248 living sq ft on two lots totaling approximately 0.34 acres. Currently 9 of 12 units are occupied, with all units configured as 1-bedroom, 1-bath in rent-ready condition.
Recent roof updates add value, while the additional land provides space for expanded parking or improvements (subject to city approval). Positioned in a prime downtown location within walking distance to H-E-B, Donna City Square Park, Donna Public Library, and dining.
Based on location, the property may also present potential for alternative uses, including commercial or mixed-use redevelopment (buyer to verify with city). A unique opportunity to capture current cash flow while exploring long-term upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,094
Year Built
- Built in 1980
Lot Details
- 15,002 Sq Ft Lot
- Corner Lot
Parking
- No Garage
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 6,248 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Tile Flooring
- Fire and Smoke Detector
- Stove
Schools
- Ochoa Elementary School
- Solis Middle School
- Donna High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number D680000003001000
Community Details
Overview
- No Home Owners Association
- 12 Units
- Donna Original Townsite Subdivision
Building Details
- Insurance Expense $8,044
- Maintenance Expense $1,020
- Gross Income $70,620
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,388 | $348,382 | $112,500 | $235,882 |
| 2024 | $7,388 | $369,140 | $56,250 | $312,890 |
| 2023 | $9,718 | $369,443 | $56,250 | $313,193 |
| 2022 | $8,148 | $293,999 | $56,250 | $237,749 |
| 2021 | $6,241 | $221,264 | $52,974 | $168,290 |
| 2020 | $6,241 | $213,854 | $52,500 | $161,354 |
| 2019 | $6,144 | $207,625 | $36,000 | $171,625 |
| 2018 | $5,991 | $201,964 | $36,000 | $165,964 |
| 2017 | $6,411 | $202,868 | $36,000 | $166,868 |
| 2016 | $4,943 | $156,422 | $37,500 | $118,922 |
| 2015 | $3,666 | $161,179 | $37,500 | $123,679 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $675,000 | -- | $108 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | New Title Company Name | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | Credit Line Revolving | |
| Previous Owner | $144,000 | Purchase Money Mortgage | |
| Previous Owner | $11,900 | Seller Take Back |
Source: Greater McAllen Association of REALTORS®
MLS Number: 503192
APN: D6800-00-003-0010-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.
- 1002 Miller Ave Unit 11
- 406 S 10th St
- 306 E Roberts Ave
- 109 W Business Highway 83
- 300 S 1st St
- 546 North Ave
- 202 W South Ave
- 108 Collins St
- 2607 E North Ave
- 3009 Meadow Ln Unit 7
- 602 N Victoria Rd Unit 3250
- 602 N Victoria Rd Unit 3252
- 602 N Victoria Rd Unit 3254
- 602 N Victoria Rd Unit 3425
- 602 N Victoria Rd Unit 3266
- 602 N Victoria Road Mh54 Unit 54
- 602 N Victoria Road Mh243 Unit 243
- 602 N Victoria Road Mh248 Unit 248
- 602 N Victoria Road Rv3271 Unit 3271
- 602 N Victoria Road Rv3272 Unit 3272
Ask me questions while you tour the home.