2904 Highland Avenue, Mcallen, TX 78501

$385,000
3,384
SqFt

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List Price
$385,000
Status
ACTIVE
MLS#
498364
Living Area
3,384
Lot Size (Acres)
0.1894
Year Built
2000

Property Description

Investment Opportunity in the Heart of McAllen! Well-maintained 4-plex located at 2904 Highland Ave offering strong rental potential and a proven steady rental history. All four units are currently leased, providing immediate and consistent cash flow from day one—a true turnkey investment opportunity. Each unit is individually metered for electricity, while the property operates on a single water meter averaging approximately $150/month, helping keep operating expenses low. Built in 2000 with an effective year built of 2010, this property has been consistently maintained, supporting long-term tenant retention and overall condition. Ideally situated near Rowe High School with convenient access to major roadways, shopping, and dining. This centrally located multifamily asset is perfect for investors seeking stable, income-producing property in a high-demand rental market.

Additional Information

Area
Mcallen
Subdivision
La Lomita Estates
Taxes
$5,126
Stories
2
Interior Features
Ceiling Fan(s)
Amenities
Curbs, Sidewalks, Street Lights
Heating
Central
Cooling
Central Air
Sewer
City Sewer
School District
McAllen ISD
Elementary School
Seguin
Middle School
De Leon
High School
Rowe H.S.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Cecilia Olivarez with Hch Realty