
1201 E Camellia Ave Mc Allen, TX 78501
Estimated payment $4,896/month
Highlights
- In Ground Pool
- Walk-In Closet
- Slab Porch or Patio
- Corner Lot
- Electric Gate
- Laundry Room
About This Home
Exceptional Fourplex Investment Opportunity – 8 Beds | 8 Baths | 4 Modern Units – Prime Location & Strong Income Potential. Don’t miss this rare chance to acquire a turnkey fourplex in one of the city’s most desirable and high-demand neighborhoods. Featuring 8 bedrooms and 8 bathrooms across 4 separate, thoughtfully designed units, this property offers a perfect blend of modern style, functionality, and long-term income stability. Each unit includes high-end finishes, contemporary kitchens with stainless steel appliances, in-unit laundry, spacious layouts, and private entrances—ideal for attracting high-quality tenants or even short-term rental guests. With consistent rental income, low maintenance requirements, and a location that continues to appreciate, this property is a standout investment. Whether you’re expanding your real estate portfolio or just starting this is the property for you! Community has a pool and is gated.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,586
Year Built
- Built in 2014
Lot Details
- 8,825 Sq Ft Lot
- Corner Lot
HOA Fees
- $54 Monthly HOA Fees
Home Design
- Quadruplex
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- Walk-In Closet
- 5,472 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Porcelain Tile
Kitchen
- Electric Cooktop
- Microwave
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 8 Carport Spaces
- Electric Gate
Outdoor Features
- In Ground Pool
- Slab Porch or Patio
- Outbuilding
Schools
- Arnold Elementary School
- Johnson Middle School
- Psja North High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number S736000001003500
Community Details
Overview
- 4 Units
- Latitude 360 Association
- Sunrise Terrace Subdivision
Building Details
- Insurance Expense $3,000
- Maintenance Expense $50
- Gross Income $64,200
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 |
---|---|---|---|---|
2024 | $14,565 | $616,000 | $114,284 | $501,716 |
2023 | $15,130 | $638,445 | $114,284 | $524,161 |
2022 | $11,270 | $439,000 | $90,015 | $348,985 |
2021 | $11,328 | $430,000 | $90,015 | $339,985 |
2020 | $10,776 | $403,478 | $90,015 | $313,463 |
2019 | $10,875 | $393,899 | $90,015 | $303,884 |
2018 | $10,261 | $369,798 | $45,449 | $324,349 |
2017 | $10,884 | $389,422 | $45,449 | $343,973 |
2016 | $6,809 | $243,626 | $45,449 | $198,177 |
2015 | $1,252 | $205,601 | $45,449 | $160,152 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/09/2025 06/09/25 | For Sale | $635,000 | 0.0% | $116 / Sq Ft |
03/13/2023 03/13/23 | Rented | $1,400 | 0.0% | -- |
03/03/2023 03/03/23 | For Rent | $1,400 | 0.0% | -- |
01/17/2023 01/17/23 | Sold | -- | -- | -- |
12/08/2022 12/08/22 | Pending | -- | -- | -- |
04/13/2022 04/13/22 | Price Changed | $629,000 | -3.2% | $115 / Sq Ft |
02/25/2022 02/25/22 | For Sale | $650,000 | -- | $119 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | Simplifile | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | Sierra Title | |
Warranty Deed | -- | Vltc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $431,200 | New Conventional |
About the Listing Agent
Gema's Other Listings
Source: Greater McAllen Association of REALTORS®
MLS Number: 472996

APN: S7360-00-001-0035-00
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