$650,000

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.

Listing Agent

Julian Ayala

Keller Williams Realty RGV Listed on: 11/13/2025

Keller Williams Realty RGV

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,184

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Directions: Go north on Ware Rd. and turn right on vine street and then left on 32nd st.
  • Year Built: 1982
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Road Surface Type: Paved
  • Subdivision Name: La Lomita Estates
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Attic Fans
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, No Conveying Appliances
  • Flooring: Tile
  • Living Area: 5400

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: Other Garage or Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Seguin
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: De Leon

Lot Info

  • Lot Size Sq Ft: 10500.138
  • Parcel #: L132000000007300

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6184

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Annual Gross Income: 4500

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
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 Ayala

Keller Williams Realty RGV

(956) 625-0256

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Source: Greater McAllen Association of REALTORS®

MLS Number: 486831

Greater McAllen Association of REALTORS®

APN: L1320-00-000-0073-00