$1,300,000

2405 Hibiscus Ave McAllen, TX 78501

Estimated payment $9,085/month

-- Bed
-- Bath
15,679 Sq Ft
$83 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Walk-In Closet

About This Home

This multi-unit property is strategically located in the center of McAllen within a thriving economic and demographic corridor. This area has experienced consistent growth in population, employment, and commercial activity making it a highly attractive destination for investors, businesses, and residents alike.

Listing Agent

Marc Moran

Ursa Real Estate Listed on: 12/12/2025

Ursa Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,969

Year Built

  • Built in 2004

Lot Details

  • 0.79 Acre Lot
  • Decorative Fence

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 15,679 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Cooktop

Schools

  • Mcauliffe 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 G700002000001100

Community Details

Overview

  • No Home Owners Association
  • W. H. Graner #2 Subdivision

Building Details

  • Insurance Expense $30,000
  • Maintenance Expense $4,032
  • Gross Income $129,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,969

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: From the West Nolana and 23rd intersection travel South on 23rd. Turn right on Hibiscus property is located on left hand side. Located behind Flamingo Bowl.
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7886
  • Road Surface Type: Paved
  • Subdivision Name: W. H. Graner #2
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Electric Cooktop, Refrigerator
  • Flooring: Tile
  • Living Area: 15679

Exterior Features

  • Exterior Features: None, Other
  • Interior Amenities: Walk-In Closet(s)
  • Fencing: Decorative Metal
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Laundry Facility, Office
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 34350.9804
  • Parcel #: G700002000001100

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 26969

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 24
  • Annual Gross Income: 129600
  • Insurance Expense: 30000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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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 $26,969 $1,150,000 $231,883 $918,117
2024 $26,969 $1,150,000 $231,883 $918,117
2023 $27,056 $1,150,000 $231,883 $918,117
2022 $28,519 $1,150,000 $182,071 $967,929
2021 $25,430 $995,414 $182,071 $813,343
2020 $24,124 $945,644 $182,071 $763,573
2019 $23,696 $934,199 $182,071 $752,128
2018 $21,957 $864,257 $176,918 $687,339
2017 $21,247 $833,005 $113,365 $719,640
2016 $18,479 $724,488 $113,365 $611,123
2015 $17,879 $730,884 $113,365 $617,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 For Sale $1,300,000 -- $83 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 488988

Greater McAllen Association of REALTORS®

APN: G7000-02-000-0011-00

Texas Hidalgo County McAllen 78501

2405 Hibiscus Ave, McAllen, TX

For Sale

MultiFamily

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Marc Moran
Listing Agent
Marc Moran
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Ursa Real Estate
(956) 784-9874