407 Cedar Avenue, McAllen, TX
$ 289,000
Property Attributes
  • MLS#401921
  • TypePending
  • CountyHIDALGO
  • CityMcAllen
  • AreaMcAllen
  • NeighborhoodCedar Place
  • Zip78501
  • StyleQuadruplex
  • Year Built1970
  • Taxes$ 4436
  • Price$ 289,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3025
  • Lot Size8,398 SqFt
Data Source:
Greater McAllen Association of REALTORS® (GMAOR)
Property Description

Located just off 2nd street and close proximity to business 83. This is a great multi-family investment opportunity. Tenants have front parking and large back yard space. Laundry Facility on Site generating additional revenue. Recently remodeled upstairs unit #4, Unit #2, and Unit #1. Recent Updates to the entire property and building include installation of two new Mini-split AC units, repairs to exterior facia and new Paint. Great rental income! Call for more information.

Elementary School Middle School High School
Wilson Elementary School Cathey Middle School McAllen H.S.
Price History
4/18/2023 Listed $289,000

General Features

Appliances Gas Water Heater, Stove/Range-Gas
Association Y/N No
Building Area Units Square Feet
Carport Y/N No
City McAllen
Community Features Sidewalks, Street Lights
Construction Materials Brick, Block, Wood Siding
Cooling Window Unit(s)
County Hidalgo
Directions From Trenton rd head south on 2nd street. Take a right on Cedar and 4 plex is located on the left hand side.
Elementary School Wilson
Elementary School District McAllen ISD
Energy Efficient Other
Garage Y/N No
Gross Income 27300
High School McAllen H.S.
High School District McAllen ISD
Home Warranty Y/N No
Insurance Expense 1200
Interior Features Ceiling Fan(s)
Lot Size Square Feet 8397.9324
Maintenanceexpense 150
Middle/Junior High School Cathey
Middle/Junior School District McAllen ISD
Other Structures Outbuilding (None), Storage
Possession Closing and Funding
Property SubType Quadruplex
Property Type Residential Income
Roof Composition Shingle
Sewer City Sewer
Standard Status Pending
Status Pending
Street Name Cedar
Subdivision Name Cedar Place
Tax Annual Amount 4436
Tax Year 2020
Total Units 4
Utilities Cable Available
Year Built 1970

Interior Features

Air Conditioning Y/N Yes
Flooring Tile
Laundry Features None
Living Area Units Square Feet
Livingareasource HidalgoCAD
Street Suffix Avenue

Exterior Features

Living Area 3025
Building Area Total 3025
Fencing Chain Link, Wood
Foundation Details Pillar/Post/Pier
Lot Features Curb & Gutters
Lot Size Acres 0.1928
Lot Size Area 8397.9324
Lot Size Units Square Feet
Number of Buildings 2
Parking Features No Carport, No Garage
Pool YN No
Road Surface Type Paved
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 78501

AVG $280K
AVG $4,855
AVG 53
Year Built
AVG 1996

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