712 W Toronto Avenue McAllen, TX $ 875,000
712 W Toronto Avenue
$ 875,000
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712 W Toronto Avenue

McAllen, TX, 78503
$ 875,000
Bedrooms8 Baths8.0 Sq 7,440

Monthly Estimate*

$ 5,459

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Multi-Family Home for sale in McAllen, TX

for $875,000 with 8 bedrooms and 8 full baths. This 7,440 square foot home was built in 1980 on a lot size of 0.0149.

Great Investment Opportunity! This fully renovated 8-unit multifamily property is ideally located just off 10th Street, near La Plaza Mall, the Rio Grande Valley’s premier shopping destination.. Each spacious 2-bedroom, 2-bath unit has been extensively upgraded with new windows, door hardware, cabinets, countertops, tile flooring, recessed lighting, trim, and ceiling fans throughout. With a high-demand location and strong income potential, this is a rare opportunity for investors looking to secure a premium asset. Seller financing available!

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Multi-Family Active

Price

$ 875,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 10,640

Style

Apartment

Lot Size

0.0149

Year Built

1980

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

466849

Features
General
Living Area 7440
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Other
Appliances Electric Water Heater Water Heater (Other Location) No Conveying Appliances
Garage Spaces 0
Patio/Porch Features Deck/Balcony/Porch
Construction Materials Brick Other
Year Built 1980
Stories Count 2
Property Subtype Apartment
Tax Year 2025
Gross Income 0
Community Features Sidewalks Street Lights
County Hidalgo
Insurance Expense 0
Property Type Residential Income
HOA No
Energy Efficient Attic Fans
MaintenanceExpense 0
Subdivision Name La Plaza Villa #2
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions From 10th street head East on Toronto Ave. The units will be on the right hand side just past 8th st.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 649.044
Carport Spaces 1
Carport Y/N Yes
Elementary School Fields
Tax Annual Amount 10640
Home Warranty Y/N No
Middle/Junior High School Travis
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District McAllen ISD
Elementary School District McAllen ISD
Year Built Source HCAD
Legal Description LA PLAZA VILLA TOWNHOUSE CONDO NO 2 UNIT 1-8 BLDG B
Freehold BBO VOW IDX
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Interior
Interior Amenities Other
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Area
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Exterior
Exterior Amenities Balcony
Fencing Partial Wood
Parking Features No Carport No Garage
Lot Features Mature Trees Sidewalks
Water Source Public
Total Parking 1
Lot Size Area 649.044
Foundation Details Slab
Number of Buildings 1
Building Area Total 7440
Lot Size Acres 0.0149
Road Surface Type Paved
Covered Spaces 1
Number of Separate Water Meters 1
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Daniel Galvan

Listing Agent

Coldwell Banker Commercial Rio Grande Valley

Broker

dgalvan@cbcriograndevalley.com

Email

Affordability Calculator

$6,346
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$887
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057358 Elementary School
3057398 Middle School
McAllen H.S. High School
Pricing History
DatePricePrice ChangeDescription
4/22/2025$875,000 -7.89% Price Down
4/3/2025$950,000 Listed Price

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712 W Toronto Avenue, McAllen, TX, 78503 is a Multi-Family Home for sale at $875,000 with 7,440 sqft and a lot size of 0.0149. 712 W Toronto Avenue has 8 bedrooms, 8.0 baths, and was built in 1980. The property's zip code is 78503 which is in McAllen, TX