$635,000

1201 E Camellia Ave Mc Allen, TX 78501

Estimated payment $4,896/month

Total Views 79,897
-- Bed
-- Bath
5,472 Sq Ft
$116 Price per Sq Ft

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.

Listing Agent

Gema Hernandez

Fox Real Estate Pros Listed on: 06/09/2025

Fox Real Estate Pros

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,586

Year Built

Built in 2014

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Directions: Head North on N Jackson Rd, turn left (west) on E Camellia Ave, turn left (south) on N M Lane, turn right (west) on E Camellia Ave, condo will be on right hand side at the very end of the street.
  • Year Built: 2014
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2026
  • Road Surface Type: Paved
  • Subdivision Name: Sunrise Terrace
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 7000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Flat
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Refrigerator, Washer
  • Flooring: Porcelain Tile
  • Living Area: 5472

Exterior Features

  • Exterior Features: Motorized Gate
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: None
  • Lot Features: Alley, Corner Lot
  • Pool Features: In Ground
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Patio Slab
  • Pool YN: Yes

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Radiant
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: LATITUDE 360
  • Association: Yes

Schools

  • Elementary School: Arnold
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 8824.8204
  • Parcel #: S736000001003500

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16586

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 64200
  • Insurance Expense: 3000

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 $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
Source: Public Records

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
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Simplifile
Warranty Deed -- None Available
Warranty Deed -- Sierra Title
Warranty Deed -- Vltc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,200 New Conventional
Source: Public Records

About the Listing Agent

Gema Hernandez

Fox Real Estate Pros

(956) 586-5328

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Source: Greater McAllen Association of REALTORS®

MLS Number: 472996

Greater McAllen Association of REALTORS®

APN: S7360-00-001-0035-00