$2,250,000
$250K PRICE DROP

120 S 4th St McAllen, TX 78501

Estimated payment $13,386/month

Total Views 3,863
-- Bed
-- Bath
9,968 Sq Ft
$226 Price per Sq Ft

Highlights

  • Double Pane Windows
  • 1-Story Property
  • Garage
  • Tile Flooring
  • Central Heating

About This Home

Don't miss this chance to acquire this well located, unique, and extremely profitable asset. The property is located just steps from popular retail and restaurants and the highly trafficked intersection of business 83 and 2nd st. All of the units have been professionally remodeled with high quality finishes, and are turn key ready for occupancy. The property presents an particularly interesting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units are equipped with smart tv's, comfortable beds, dining areas, kitchenettes, and in unit washer and dryers.

Listing Agent

Ryan McDaniel

eVillage Realty, LLC Brokerage Phone: 9562992111 License #0573707 Listed on: 01/03/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,505

Year Built

  • Built in 1985

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 9,968 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Schools

  • Fields Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • 29 Units
  • Wilson Subdivision

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,505

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Flooring: Tile
  • Interior Amenities: High Speed Internet
  • Year Built: 1985
  • Property Sub-Type: Apartment
  • PropertyType: Residential Income
  • Road Surface Type: Paved
  • Co List Office Phone: 956-299-2111
  • MLS Status: Active
  • Subdivision Name: Wilson
  • Unit Levels: One
  • Reso Window Features: Double Pane Windows
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dryer, Refrigerator, Washer

Exterior Features

  • Exterior Features: None
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: None

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Other, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Fields
  • High School: Mcallen
  • Junior High Dist: Mcallen I.S.D.
  • Middle Or Junior School: Travis

Lot Info

  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 29

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
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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
2023 $11,505 $607,000 $148,708 $458,292
2022 $11,504 $463,901 $148,708 $315,193
2021 $5,465 $213,905 $148,708 $65,197
2020 $10,263 $402,313 $148,708 $253,605
2019 $10,589 $417,442 $148,708 $268,734
2018 $10,998 $432,900 $148,708 $284,192
2017 $22,543 $883,816 $148,708 $735,108
2016 $21,495 $842,733 $148,708 $694,025
2015 $12,650 $592,770 $148,708 $444,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $2,250,000 -2.2% $226 / Sq Ft
06/05/2025 06/05/25 Price Changed $2,300,000 -2.1% $231 / Sq Ft
03/14/2025 03/14/25 Price Changed $2,350,000 -2.1% $236 / Sq Ft
03/02/2025 03/02/25 Price Changed $2,400,000 -2.0% $241 / Sq Ft
01/29/2025 01/29/25 Price Changed $2,450,000 -2.0% $246 / Sq Ft
01/03/2025 01/03/25 For Sale $2,500,000 0.0% $251 / Sq Ft
03/04/2024 03/04/24 Rented $600 -20.0% --
02/21/2024 02/21/24 For Rent $750 -- --
Source: Rio Grande Valley Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Corporation Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $650,000 Construction
Closed $25,000 Construction
Closed $547,000 Construction
Source: Public Records

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29761869

Rio Grande Valley Multiple Listing Service

APN: W6300-03-000-0001-00

Texas Hidalgo County McAllen 78501

120 S 4th St, McAllen, TX

This home is located at 120 S 4th St, McAllen, TX 78501 and is currently priced at $2,250,000, approximately $225 per square foot. This property was built in 1985. 120 S 4th St is a home located in Hidalgo County with nearby schools including Fields Elementary School, Travis Middle School, and McAllen High School.

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.

Rio Grande Valley Multiple Listing Service IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Ryan McDaniel
Listing Agent
Ryan McDaniel
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eVillage Realty, LLC
(956) 462-6320