2233 Ivy Ave McAllen, TX 78501
Estimated payment $1,820/month
Highlights
- Mature Trees
- No HOA
- 3 Car Attached Garage
- Corner Lot
- Covered Patio or Porch
- Built-In Features
About This Home
Cash-flowing duplex in a prime central McAllen location, just off 23rd and Ivy (behind Starlight Burger). The downstairs unit features 2 bedrooms, 2 baths, + Bonus Room/ office (without a window), spacious laundry room, tile flooring, and a 1-car carport with driveway. Includes washer and dryer connections plus kitchen appliances. The upstairs unit offers 1 bedroom, 1 bath, laminate flooring, stainless steel appliances, and an in-unit stackable washer and dryer. Both units are income-producing with reliable long-term tenants and are easy to lease. An oversized garage with side alley access provides additional versatility—large enough to convert into a potential studio apartment currently being used as maintenance storage. A solid investment with excellent potential in a highly desirable area! Zoned multi-family with 2 electric meters and 2 water meters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,605
Year Built
- Built in 1983
Lot Details
- 7,388 Sq Ft Lot
- Chain Link Fence
- Corner Lot
- Mature Trees
Parking
- 3 Car Attached Garage
- 1 Carport Space
- Side Facing Garage
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,833 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Fire and Smoke Detector
- Electric Cooktop
Flooring
- Saltillo Tile
- Laminate Flooring
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Navarro Elementary School
- Travis Middle School
- Mcallen High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Energy-Efficient Thermostat
- Covered Patio or Porch
Listing and Financial Details
- Assessor Parcel Number M380000003001900
Community Details
Overview
- No Home Owners Association
- 2 Units
- Metz Subdivision
Building Details
- Insurance Expense $3,419
- Maintenance Expense $3,630
- Gross Income $22,000
Map
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 | $3,979 | $201,911 | $69,835 | $132,076 |
| 2024 | $3,979 | $169,665 | $69,835 | $99,830 |
| 2023 | $3,992 | $169,665 | $69,835 | $99,830 |
| 2022 | $2,862 | $115,424 | $25,495 | $89,929 |
| 2021 | $2,550 | $99,803 | $25,495 | $74,308 |
| 2020 | $2,421 | $94,915 | $25,495 | $69,420 |
| 2019 | $2,098 | $82,719 | $25,495 | $57,224 |
| 2018 | $2,159 | $84,965 | $25,865 | $59,100 |
| 2017 | $2,215 | $86,843 | $25,865 | $60,978 |
| 2016 | $2,263 | $88,719 | $25,865 | $62,854 |
| 2015 | $1,845 | $75,367 | $22,170 | $53,197 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $269,000 | -- | $147 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Sierra Title | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $77,900 | New Conventional |
Source: Greater McAllen Association of REALTORS®
MLS Number: 501590
APN: M3800-00-003-0019-00
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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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