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Image 1 - 912 N 29th St, McAllen, Texas, 78501 - House for sale
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Home For Sale In Mcallen, Texas
912 N 29th St, McAllen, Texas, 78501

Home For Sale In Mcallen, Texas

house for sale
Listed: 02/25/24

912 N 29th St, McAllen, Texas, 78501

Studio Bed:
3,060 Sq Ft Living Area:
Save
Price
$ 300,000

About This House

This unique property is a new investor's dream. Income producing Duplex - 2 bedrooms 1 bath, with a 3 bedroom 2 bathroom HOME sits directly across the street from the STC Pecan campus. Roof and AC was replaced 7 years ago, brand new water heaters in all three units. Don't wait, take the opportunity! Currently this property generates $2250 a month in rent but should be correctly priced at $2750 a month with proper rent increases. After some renovations home should easily rent for $1750 and each Apt. for $800 for a grand total of$3250.If held long enough STC could potentially buy out the subdivision, handsomely above market value.

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McAllen Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near McAllen, United States averaged $297,632, a decrease of 8.2% from the previous month.
Median price trends for properties for sale in McAllen, United States as of May 2024.

Household Income

Median household income: $45,057
Number of households: 43,987
The average household income in McAllen, TX declined from $45,568 to $45,057 in the past year. This data is an estimate based upon 43,987 households in McAllen, TX.
The chart below presents how household income is distributed in McAllen, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in McAllen, TX compared to median property taxes around the country. The prevalent amount of property taxes in McAllen, TX equals $3k+ , which is less than the national average.