Mcallen, TX 78501,912 N 29th ST
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Mcallen, TX 78501,912 N 29th ST
Mcallen, TX 78501,912 N 29th ST
Mcallen, TX 78501,912 N 29th ST
Mcallen, TX 78501,912 N 29th ST
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Listed by Trademark Real Estate Group
$ 285,000
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912 N 29th ST Mcallen, TX 78501

3,060 SqFt


UPDATED:

10/15/2024 08:22 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,060 sqft

Subdivision Ivy Terrace

MLS Listing ID 414470

HOA Y/N No

Originating Board Greater McAllen

Year Built 1981

Annual Tax Amount $6,289

Tax Year 2023

Lot Size 10,125 Sqft

Acres 0.2324

Property Description

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.

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Dryer, Washer

Heating Central

Cooling Central Air

Flooring Other

Appliance Electric Water Heater, Smooth Electric Cooktop, Refrigerator, Stove/Range

Laundry Laundry Area, Washer/Dryer Connection

Exterior

Exterior Feature None

Carport Spaces 6

Fence Non Privacy

Community Features None

Waterfront No

View Y/N No

Roof Type Composition Shingle

Parking Type No Carport, No Garage

Total Parking Spaces 6

Garage No

Building

Lot Description Irregular Lot

Faces Traveling West on Pecan Blvd. towards South Texas College, turn South onto 29th St. Property is on the East side of the road before the intersection of 29th and Ivy. Parking for duplex is in the rear of the property via access of the alley.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Alvarez

Middle Schools Lincoln

High Schools Mcallen H.S.

Others

Tax ID I900000000000300

Security Features Smoke Detector(s)


Phillip Veale

+1956678626

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912 N 29th ST