2504 Redbud Ave McAllen, TX 78504
Estimated payment $3,146/month
Highlights
- Mature Trees
- High Ceiling
- Patio
- Castaneda Elementary School Rated A-
- No HOA
- Laundry closet
About This Home
Discover this well-maintained multifamily located in a high-demand, conveniently situated area—perfect for investors looking to expand their portfolio or secure a strong cash-flowing asset. This property offers:
-Great location close to major roads, shopping, schools, restaurants and employers
-Ample interior layout with spacious living areas
-3 generous bedrooms providing comfort and versatility Fully equipped kitchen with all appliances included Excellent long-term rental potential
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,092
Year Built
- Built in 2004
Lot Details
- 9,760 Sq Ft Lot
- Wood Fence
- Sprinkler System
- Mature Trees
Home Design
- Quadruplex
- Slab Foundation
- Slate Roof
- Stucco
Interior Spaces
- 4,480 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Tile Flooring
- Electric Range
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- Garage
- 8 Carport Spaces
- No Garage
- Rear-Facing Garage
Schools
- Casteneda Elementary School
- De Leon Middle School
- Rowe High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Energy-Efficient Thermostat
- Patio
Listing and Financial Details
- Assessor Parcel Number S302001000005200
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Shasta Commercial Plaza Subdivision
Building Details
- Insurance Expense $3,200
- Maintenance Expense $1,500
- Gross Income $49,200
Map
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 | $8,041 | $355,000 | $97,600 | $257,400 |
| 2024 | $8,041 | $342,900 | $48,800 | $294,100 |
| 2023 | $8,067 | $342,900 | $48,800 | $294,100 |
| 2022 | $7,874 | $317,500 | $48,800 | $268,700 |
| 2021 | $8,806 | $344,709 | $48,800 | $295,909 |
| 2020 | $7,398 | $290,000 | $48,800 | $241,200 |
| 2019 | $7,102 | $280,000 | $48,800 | $231,200 |
| 2018 | $6,987 | $275,000 | $43,920 | $231,080 |
| 2017 | $6,390 | $250,534 | $43,920 | $206,614 |
| 2016 | $5,115 | $200,530 | $43,920 | $156,610 |
| 2015 | $5,447 | $210,945 | $43,920 | $167,025 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $469,000 | +40.0% | $105 / Sq Ft | |
| 08/26/2020 08/26/20 | Sold | -- | -- | -- | View Prior Sale |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- | |
| 06/02/2020 06/02/20 | For Sale | $335,000 | +39.1% | $75 / Sq Ft | |
| 01/17/2013 01/17/13 | Sold | -- | -- | -- | View Prior Sale |
| 11/23/2012 11/23/12 | Pending | -- | -- | -- | |
| 11/15/2012 11/15/12 | For Sale | $240,900 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Capital Title | |
| Vendors Lien | -- | First American Title | |
| Foreclosure Deed | $238,000 | None Available | |
| Vendors Lien | -- | Sierra Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,500 | New Conventional | |
| Previous Owner | $187,301 | FHA | |
| Previous Owner | $228,000 | Commercial |
Source: Greater McAllen Association of REALTORS®
MLS Number: 487270
APN: S3020-01-000-0052-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Information deemed reliable but not guaranteed.
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