2300 N 32nd St McAllen, TX 78501
Estimated payment $3,941/month
Total Views
1,369
--
Bed
--
Bath
5,400
Sq Ft
$120
Price per Sq Ft
Highlights
- No HOA
- Tile Flooring
- Wood Fence
- Laundry Room
- Central Heating and Cooling System
About This Home
Excellent investment opportunity in the heart of McAllen! This 8-plex features eight spacious units, each offering 2 bedrooms and 1 bathroom. With some light updates and improvements, there’s great potential to increase rents and maximize returns. The property sits in a prime location close to major roads, schools, shopping, and dining—making it highly desirable for tenants. Whether you’re looking to expand your portfolio or start building one, this is a rare chance to own 8 units in one of McAllen’s most convenient and fast-growing areas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,184
Year Built
- Built in 1982
Lot Details
- 10,500 Sq Ft Lot
- Wood Fence
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 5,400 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Laundry Room
Schools
- Seguin Elementary School
- De Leon Middle School
- Rowe High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number L132000000007300
Community Details
Overview
- No Home Owners Association
- 8 Units
- La Lomita Estates Subdivision
Building Details
- Gross Income $4,500
Map
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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 |
|---|---|---|---|---|
| 2025 | $5,205 | $365,362 | $130,200 | $235,162 |
| 2024 | $5,205 | $323,312 | $65,100 | $258,212 |
| 2023 | $7,607 | $323,312 | $65,100 | $258,212 |
| 2022 | $6,184 | $249,365 | $54,600 | $194,765 |
| 2021 | $3,665 | $143,451 | $42,000 | $101,451 |
| 2020 | $4,771 | $187,018 | $42,000 | $145,018 |
| 2019 | $4,744 | $187,018 | $42,000 | $145,018 |
| 2018 | $4,621 | $181,868 | $42,000 | $139,868 |
| 2017 | $4,652 | $182,393 | $42,000 | $140,393 |
| 2016 | $4,337 | $170,047 | $42,000 | $128,047 |
| 2015 | $4,683 | $176,027 | $42,000 | $134,027 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $650,000 | -- | $120 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Natgf | |
| Vendors Lien | -- | Edwards Abstract | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Vendors Lien | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $184,000 | Commercial | |
| Previous Owner | $14,350 | Commercial |
Source: Public Records
About the Listing Agent
Julian's Other Listings
Source: Greater McAllen Association of REALTORS®
MLS Number: 486831
APN: L1320-00-000-0073-00
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