1312 Beech AveMcAllen, TX 78501

  • Apartment buildings
  • 1,458 SF
For Sale
$580,000 View listing

Property Details for 1312 Beech Ave

Year built
1990
Lot size
0.17 AC
Property size (Sq ft)
1,458 SF
Property type
Apartment buildings
APN
N5400-00-045-0010-00
APU
N540000045001000

Description

This exceptional multifamily investment opportunity presents an 11-unit apartment building situated on a 7,501.032 square foot lot in the desirable McAllen, Texas, 78501 zip code. The property, located at 1312 Beech Avenue, comprises two buildings constructed in 1990. This well-maintained property offers a strong potential for immediate cash flow and long-term appreciation. The convenient location provides residents with easy access to a variety of amenities, including dining, shopping, and entertainment venues. The property's affordability makes it an attractive option for renters, ensuring high occupancy rates. With 11 units, this property offers a diversified income stream and significant potential for future growth. The asking price is $580,000, representing a compelling investment opportunity in the thriving McAllen market. This property is classified as a Multifamily, specifically an Apartment Building, Duplex/Triplex/Quadruplex. The property's strong location and solid construction make it an ideal addition to any investor's portfolio. This is a turnkey opportunity to acquire a well-maintained, income-producing asset in a high-demand area. The property's size and unit count offer significant scalability and potential for future value appreciation. Serious inquiries are encouraged.

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.2057
Longitude
-98.2337
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,510
$86,250
$339,250
$425,500
-
$86,250
$339,250
$425,500

FAQs

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