$890,000
$60K PRICE DROP

412 W Expressway 83 San Juan, TX 78589

Estimated payment $6,469/month

Total Views 2,190
-- Bed
-- Bath
12,060 Sq Ft
$74 Price per Sq Ft

Highlights

  • 0.61 Acre Lot
  • Laundry closet
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring

About This Home

Great investment opportunity in San Juan, TX! This fully leased, well-maintained multifamily property features two buildings with a total of 16 units. Building one offers ten 2-bedroom, 1-bath units, while building two includes six 1-bedroom, 1-bath units—ideal for a variety of tenant needs. Each unit is individually metered for electricity and comes equipped with a refrigerator, stove, central A/C, and washer/dryer connections. The property is occupied by long-term, stable tenants, providing reliable cash flow and making it a strong addition to any investor’s portfolio.

Listing Agent

Alex Cuevas

Jsl Living, Llc Listed on: 05/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,728

Year Built

  • Built in 1986

Lot Details

  • 0.61 Acre Lot
  • Irregular Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 12,060 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

  • Clover Elementary School
  • Austin Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number C128000000000100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Cantu Subdivision

Building Details

  • Insurance Expense $8,018
  • Maintenance Expense $1,200
  • Gross Income $126,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,728

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: From US-83 Eastbound (McAllen area): Take the exit for Stewart Road. Turn right (south) onto Stewart Road. Proceed to the intersection with Business US-83 (W Business 83). Turn left (east) onto Business US-83. Continue for approximately 0.5 miles; the apartment complex will be on your right at 412 W Business 83.
  • Year Built: 1986
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6147
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Cantu
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_Escrow: 9500
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 12060

Exterior Features

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

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • 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: Clover
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Austin

Lot Info

  • Lot Size Sq Ft: 26775.8964
  • Parcel #: C128000000000100

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20728

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 22
  • Annual Gross Income: 126600
  • Insurance Expense: 8018

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

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $890,000 -6.3% $74 / Sq Ft
05/12/2025 05/12/25 For Sale $950,000 -- $79 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 471078

Greater McAllen Association of REALTORS®
Texas Hidalgo County San Juan 78589

412 W Expressway 83, San Juan, TX

This home is located at 412 W Expressway 83, San Juan, TX 78589 and is currently priced at $890,000, approximately $73 per square foot. This property was built in 1986. 412 W Expressway 83 is a home located in Hidalgo County with nearby schools including Vida N. Clover Elementary, Stephen F. Austin Middle School, and PSJA Early College High School.

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Greater McAllen Association of REALTORS® 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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Nearby Homes
Listing Agent
Alex Cuevas
Section Image
Jsl Living, Llc
(956) 663-4064