$895,000

107 N Main St Donna, TX 78537

Estimated payment $5,754/month

-- Bed
-- Bath
5,876 Sq Ft
$152 Price per Sq Ft

Highlights

  • Mature Trees
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Laundry closet
  • 4-minute walk to Donna City Square Park

About This Home

Great investment opportunity in Donna, Texas. This 13-unit, fully remodeled apartment complex sits on a high-visibility corner lot in a rapidly growing market. Each unit has updated interiors, offering immediate appeal to tenants and minimal maintenance for the new owner. With current rents below market rates, there’s significant upside potential to increase cash flow by adjusting to market values. Donna’s expanding population, new developments, and strong rental demand make this a prime long-term hold with appreciation potential. Located near major highways and neighboring cities, the property offers both stability and growth; a turnkey, income-producing asset with built-in upside.

Listing Agent

Cesar Felix

Paramount Living Listed on: 08/14/2025

Paramount Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1998

Lot Details

  • 0.52 Acre Lot
  • Privacy Fence
  • Corner Lot
  • Mature Trees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Siding

Interior Spaces

  • 5,876 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry closet

Schools

  • Caceres Elementary School
  • Sauceda Middle School
  • Donna High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number D680000028001000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 13 Units
  • Donna Original Townsite Subdivision

Building Details

  • Gross Income $75,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,535

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: From McAllen, take I-2/US-83 east to Donna, exit Main St, turn right, go to 107 N Main St on right
  • Year Built: 1998
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5166
  • Road Surface Type: Paved
  • Subdivision Name: Donna Original Townsite
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 9000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 5876

Exterior Features

  • Exterior Features: Mature Trees, Other
  • Interior Amenities: Other
  • Fencing: Privacy
  • Lot Features: Corner Lot, Mature Trees
  • Home Warranty: No
  • Construction Type: Siding, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Caceres
  • High School: Donna H.S.
  • Junior High Dist: Donna ISD
  • Middle Or Junior School: Sauceda

Lot Info

  • Lot Size Sq Ft: 22503.096
  • Parcel #: D680000028001000

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10535

Multi Family

  • Number Of Units In Community: 13
  • Number Of Units Total: 13
  • Annual Gross Income: 75048

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $419 $81,781 -- --
2023 $1,956 $74,346 $0 $0
2022 $1,873 $67,587 $0 $0
2021 $1,733 $61,443 $21,300 $49,784
2020 $1,630 $55,857 $21,300 $43,073
2019 $1,503 $50,779 $15,844 $34,935
2018 $1,506 $50,779 $15,844 $34,935
2017 $1,569 $49,650 $15,844 $33,806
2016 $1,892 $59,875 $26,250 $33,625
2015 $631 $56,399 $26,250 $34,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $895,000 -- $152 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 478457

Greater McAllen Association of REALTORS®

APN: D6800-00-029-0006-00