418 E Madison Ave Harlingen, TX 78550
Harlingen AreaEstimated payment $1,177/month
About This Home
Investment Opportunity – Fully Occupied Income Producing Duplex Discover an excellent investment opportunity at 418 E. Madison St., Harlingen, TX! This well maintained duplex features two income producing units, making it an ideal addition to any investor's portfolio or a great option for an owner occupant looking to offset mortgage costs with rental income. Conveniently located in the heart of Harlingen, the property offers easy access to downtown, shopping, dining, schools, medical facilities, and major roadways. Residents will appreciate being just minutes from local parks, the Harlingen Arts & Heritage Museum, Valley International Airport, and the city's growing retail and business districts. With strong rental potential in an established neighborhood, this duplex provides immediate cash flow and long-term investment value. Whether you're expanding your rental portfolio or purchasing your first investment property, this is an opportunity you won't want to miss.
Listing Agent
LEGACY REALTY GROUP RGV Brokerage Phone: 9564962034 License #TREC # 0531000 Listed on: 07/23/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 7,000 Sq Ft Lot
Home Design
- Slab Foundation
- Adobe
Interior Spaces
- 2,048 Sq Ft Home
- 2-Story Property
Parking
- No Garage
- On-Street Parking
- Open Parking
Schools
- Travis Elementary School
- Vernon Middle School
- Harlingen High School
Utilities
- Central Heating
- Multiple Water Heaters
- Electric Water Heater
Community Details
- 3 Units
- Harlingen Original Townsite Subdivision
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,287 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $179,000 | 0.0% | $87 / 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Stewart Title Of Cameron Cnt | |
| Warranty Deed | -- | None Available |
Source: Rio Grande Valley Multiple Listing Service
MLS Number: 29778155
APN: 150000-0330-005000
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Ask me questions while you tour the home.