418 E Madison Ave Harlingen, TX 78550
Estimated payment $1,278/month
Highlights
- Mature Trees
- Patio
- Tile Flooring
- No HOA
- Laundry closet
- Central Heating and Cooling System
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,911
Year Built
- Built in 1930
Lot Details
- 7,000 Sq Ft Lot
- Wood Fence
- Mature Trees
Parking
- No Garage
Home Design
- Duplex
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 2,048 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Fire and Smoke Detector
- Stove
Laundry
- Laundry closet
- Washer and Dryer Hookup
Schools
- Travis Elementary School
- Vernon Middle School
- Harlingen High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Energy-Efficient Thermostat
- Patio
Listing and Financial Details
- Assessor Parcel Number 1500000330005000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Harlingen Original Townsite Subdivision
Building Details
- Maintenance Expense $2,340
- Gross Income $18,720
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- | -- |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Stewart Title Of Cameron Cnt | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,800 | New Conventional |
Source: Greater McAllen Association of REALTORS®
MLS Number: 470331
APN: 150000-0330-005000
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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