$190,000
$35K PRICE DROP

418 E Madison Ave Harlingen, TX 78550

Estimated payment $1,143/month

Total Views 7,861
-- Bed
-- Bath
2,048 Sq Ft
$93 Price per Sq Ft

Highlights

  • Patio
  • Central Heating
  • Garage
  • Tile Flooring

About This Home

Excellent investment opportunity in Harlingen! This recently remodeled duplex is located in a central area just minutes from key amenities. Fully occupied, each unit offers a modern and comfortable living space, making it a solid income-producing property. The property also features a spacious backyard, including a covered area, perfect for outdoor gatherings and tenant enjoyment. Conveniently situated just 0.5 miles from Business 77, 1 mile from Harlingen High School, 1.2 miles from H-E-B, and 2 miles from Valley Baptist Medical Center. With its strategic location and stable occupancy, this property is a great addition to any investment portfolio.

Listing Agent

Rebeca Bermudez

TNT Real Estate Brokerage Phone: 9566216714 License #TREC # 0657513 Listed on: 05/19/2025

TNT Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Home Design

  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage
  • On-Street Parking
  • Open Parking

Schools

  • Travis Elementary School
  • Vernon Middle School
  • Harlingen High School

Utilities

  • Central Heating
  • Thermostat
  • Electric Water Heater

Additional Features

  • Patio
  • 7,000 Sq Ft Lot

Community Details

  • 2 Units
  • Harlingen Original Townsite Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Flooring: Tile
  • Year Built: 1930
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • ResoLotFeatures: None
  • Lot Size Acres: 0.1607
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 956-621-6714
  • MLS Status: Active
  • Subdivision Name: Harlingen Original Townsite
  • Carport Y N: No
  • Unit Levels: Two
  • Efficiency: Thermostat
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Refrigerator

Exterior Features

  • Construction Type: Stucco
  • Other Structures: None
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: No Carport, No Garage, On Street

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Travis
  • High School: Harlingen
  • Junior High Dist: Harlingen C.I.S.D.
  • Middle Or Junior School: Vernon

Lot Info

  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 780

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold 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 $1,911 $140,363 $45,150 $95,213
2024 $1,911 $98,401 -- --
2023 $1,627 $82,001 $31,850 $50,151
2022 $1,658 $72,901 $22,750 $50,151
2021 $1,576 $68,351 $18,200 $50,151
2020 $1,615 $68,351 $18,200 $50,151
2019 $1,572 $66,251 $16,100 $50,151
2018 $1,588 $66,251 $16,100 $50,151
2017 $1,566 $66,251 $16,100 $50,151
2016 $1,157 $48,956 $10,500 $38,456
2015 $1,014 $44,972 $10,500 $34,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Price Changed $190,000 -9.5% $93 / Sq Ft
07/08/2025 07/08/25 Price Changed $210,000 -6.7% $103 / Sq Ft
05/19/2025 05/19/25 For Sale $225,000 0.0% $110 / Sq Ft
04/07/2025 04/07/25 Off Market $780 -- --
02/05/2025 02/05/25 For Rent $780 0.0% --
01/17/2025 01/17/25 For Rent $780 0.0% --
10/27/2024 10/27/24 Off Market $780 -- --
09/30/2024 09/30/24 For Rent $780 0.0% --
07/19/2022 07/19/22 Sold -- -- -- View Prior Sale
05/05/2022 05/05/22 Price Changed $149,000 -11.8% $73 / Sq Ft
04/20/2022 04/20/22 Price Changed $169,000 -0.5% $83 / Sq Ft
04/14/2022 04/14/22 For Sale $169,900 -- $83 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Stewart Title Of Cameron Cnt
Warranty Deed -- None Available
Source: Public Records

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29765326

Rio Grande Valley Multiple Listing Service

APN: 150000-0330-005000