$875,000
$75K PRICE DROP

712 Toronto Ave McAllen, TX 78503

Estimated payment $5,549/month

Total Views 35,726
-- Bed
-- Bath
7,440 Sq Ft
$118 Price per Sq Ft

Highlights

  • Mature Trees
  • Balcony
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Great Investment Opportunity! This fully renovated 8-unit multifamily property is ideally located just off 10th Street, near La Plaza Mall, the Rio Grande Valley’s premier shopping destination.. Each spacious 2-bedroom, 2-bath unit has been extensively upgraded with new windows, door hardware, cabinets, countertops, tile flooring, recessed lighting, trim, and ceiling fans throughout. With a high-demand location and strong income potential, this is a rare opportunity for investors looking to secure a premium asset. Seller financing available!

Listing Agent

Daniel Galvan

Coldwell Banker Commercial Rio Grande Valley Listed on: 04/03/2025

Coldwell Banker Commercial Rio Grande Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,640

Year Built

  • Built in 1980

Lot Details

  • 649 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Mature Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 7,440 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Laundry closet

Parking

  • 1 Carport Space
  • No Garage

Outdoor Features

  • Balcony

Schools

  • Fields Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • La Plaza Villa #2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number L17150200A000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,640

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: From 10th street, head East on Toronto Ave. The units will be on the right hand side just past 8th st.
  • Year Built: 1980
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0149
  • Road Surface Type: Paved
  • Subdivision Name: La Plaza Villa #2
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Attic Fans
  • Building Stories: 2
  • GMAR_Escrow: 9500
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Other
  • Appliances: Electric Water Heater, Water Heater (Other Location), No Conveying Appliances
  • Flooring: Tile
  • Living Area: 7440

Exterior Features

  • Exterior Features: Balcony
  • Interior Amenities: Other
  • Fencing: Partial, Wood
  • Lot Features: Mature Trees, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Deck/Balcony/Porch
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Fields
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 649.044
  • Parcel #: L17150200A000700

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10640

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 8

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

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 $1,066 $67,807 $14,950 $52,857
2024 $1,066 $45,467 $11,050 $34,417
2023 $1,070 $45,467 $11,050 $34,417
2022 $998 $40,254 $8,515 $31,739
2021 $777 $30,399 $4,550 $25,849
2020 $776 $30,399 $4,550 $25,849
2019 $771 $30,399 $4,550 $25,849
2018 $789 $31,049 $5,200 $25,849
2017 $792 $31,049 $5,200 $25,849
2016 $792 $31,049 $5,200 $25,849
2015 $794 $30,984 $5,135 $25,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $875,000 -7.9% $118 / Sq Ft
04/03/2025 04/03/25 For Sale $950,000 -- $128 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 466849

Greater McAllen Association of REALTORS®

APN: L1715-02-00A-0002-00

Texas Hidalgo County McAllen 78503

712 Toronto Ave, McAllen, TX

This home is located at 712 Toronto Ave, McAllen, TX 78503 and is currently priced at $875,000, approximately $117 per square foot. This property was built in 1980. 712 Toronto Ave is a home located in Hidalgo County with nearby schools including Fields Elementary School, Travis Middle School, and McAllen High School.

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.

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.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

Nearby Homes
Daniel Galvan
Listing Agent
Daniel Galvan
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Coldwell Banker Commercial Rio Grande Valley
(956) 300-3045