$1,750,000

1100 E Cedar Ave McAllen, TX 78501

Estimated payment $12,033/month

Total Views 9,219
-- Bed
-- Bath
16,624 Sq Ft
$105 Price per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Tile Flooring
  • Covered Patio or Porch
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Investment opportunity in McAllen, Texas. Prime location with easy access to Expressway 83, close to shops, restaurants, malls, hospitals, grocery stores. 20 Fully Occupied Units. 12 uniits built in 2018 and 8 units build in 2021.

Listing Agent

Dulce Olivares

Golden Valley Real Estate Listed on: 04/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,937

Year Built

  • Built in 2016

Lot Details

  • 0.98 Acre Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 16,624 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Jackson Elementary School
  • Cathey Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number E393400000000100

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 5 Units
  • El Cedro Subdivision

Building Details

  • Maintenance Expense $400
  • Gross Income $195,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,937

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Directions: From Expressway 83, head north on McColl past business 83 and then turn East on E Cedar Ave Property located on the South Side.
  • Year Built: 2016
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.98
  • Road Surface Type: Paved
  • Subdivision Name: El Cedro
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Flat, Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 16624

Exterior Features

  • Exterior Features: Balcony
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Covered Patio
  • Pool YN: No

Garage/Parking

  • Parking Features: Detached

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Jackson
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 42688.8
  • Parcel #: E393400000000100

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32937

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 20
  • Annual Gross Income: 195000

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $32,831 $1,546,741 $234,790 $1,311,951
2024 $32,831 $1,400,000 $234,790 $1,165,210
2023 $36,298 $1,542,820 $234,790 $1,308,030
2022 $30,622 $1,234,798 $234,790 $1,000,008
2021 $23,046 $902,100 $234,790 $667,310
2020 $17,485 $685,392 $170,756 $514,636
2019 $17,543 $691,612 $170,756 $520,856
2018 $15,971 $628,646 $119,529 $509,117
2017 $15,321 $600,667 $119,529 $481,138
2016 $3,049 $119,529 $119,529 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2025 04/09/25 For Sale $1,750,000 +66.7% $105 / Sq Ft
07/31/2020 07/31/20 Sold -- -- -- View Prior Sale
07/01/2020 07/01/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $1,050,000 +660.9% $93 / Sq Ft
02/12/2014 02/12/14 Sold -- -- -- View Prior Sale
01/18/2014 01/18/14 For Sale $138,000 -- $90 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- San Jacinto Title Services M
Warranty Deed -- Security Land Title Co
Warranty Deed -- Security Land Title Co
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 467415

Greater McAllen Association of REALTORS®

APN: E3934-00-000-0001-00

Texas Hidalgo County McAllen 78501

1100 E Cedar Ave, McAllen, TX

For Sale

MultiFamily

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Greater McAllen Association of REALTORS® 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.

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Dulce Olivares
Listing Agent
Dulce Olivares
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Golden Valley Real Estate
(956) 395-3946