Mcallen, TX 78501,505 N 12th ST
Mcallen, TX 78501,505 N 12th ST
Mcallen, TX 78501,505 N 12th ST
24
Listed by Coldwell Banker La Mansion
$275,000
Est.Price: ?

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3,841 SqFt

505 N 12th ST Mcallen, TX 78501

SOLD DATE : 09/08/2025

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,841 sqft

Subdivision North Mcallen

MLS Listing ID 446232

Year Built 1976

Annual Tax Amount $7,010

Tax Year 2024

Lot Size 0.330 Acres

Property Sub-Type Quadruplex

Property Description

Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.

Location

State TX

County Hidalgo

Community Sidewalks, Street Lights

Rooms

Other Rooms Laundry Facility, Storage

Interior

Heating Central, Electric

Cooling Central Air, Electric, Wall Unit(s)

Flooring Hardwood

Laundry Laundry Room

Exterior

Fence Chain Link

Community Features Sidewalks, Street Lights

View Y/N No

Roof Type Composition Shingle

Building

Lot Description Corner Lot, Sidewalks

Story 2

Foundation Pillar/Post/Pier

Sewer City Sewer

Water Public

Structure Type Brick,Frame/Wood

New Construction No

Schools

Elementary Schools Wilson

Middle Schools Travis

High Schools Mcallen H.S.

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Franklin Torres

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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