502 N 15th Street McAllen, TX $ 675,000
502 N 15th Street
$ 675,000
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502 N 15th Street

McAllen, TX, 78501
$ 675,000
Baths0.0 Sq 4,008

Monthly Estimate*

$ 4,156

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Studio

Multi-Family Home for sale in McAllen, TX

for $675,000. This 4,008 square foot home was built in 1973 on a lot size of 0.241.

Renovated 5 unit apartment complex in Historic Palm District!! On the corner of 15th St. and Ebony in prime downtown location of McAllen!! The Seller has invested in many upgrades and improvements including but not limited to electrical, exterior stucco refinish and paint, new a/c mini splits on each apartment. Water/Trash included in the rent. There is a potential to raise rents in all units. Rent roll available.

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Multi-Family Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,954

Style

Multi Family

Lot Size

0.241

Year Built

1973

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

474025

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Multi Family
Tax Year 2024
Community Features None
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name North Mcallen
Status Active
Directions Located on the corner of 15th street and Ebony in McAllen. From Business 83 go North on 15th St.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Square Feet
Lot Size Square Feet 10500.138
Elementary School Wilson
Tax Annual Amount 7954
Home Warranty Y/N false
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
Legal Description NORTH MCALLEN S 1/2 OF 11 & ALL 12 BLK 21
Freehold BBO VOW IDX
Living Area 4008
Cooling Electric Other HVAC
Roof Composition Shingle Metal
Appliances Electric Water Heater Gas Water Heater Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Stucco
Year Built 1973
Stories Count 2
Energy Efficient None
Garage Y/N false
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Electric Other HVAC
Patio/Porch Features Covered Patio
Insurance Expense 2000
Other Structures Outbuilding (None)
Gross Income 48000
MaintenanceExpense 500
Number Of Units Total 5
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Interior
Interior Amenities Other
Flooring Hardwood Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
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Exterior
Water Source Public
Lot Size Area 10500.138
Lot Size Acres 0.241
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Alley Corner Lot Mature Trees Sidewalks
Fencing Partial Wood
Exterior Amenities None
Parking Features No Garage Garage Faces Side
Total Parking 0
Foundation Details Pillar/Post/Pier
Building Area Total 4008
Lot Dimensions 75 x 140
Covered Spaces 0
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 2
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* Excluded Features
List By
Noe Alejandro Lopez

Listing Agent

Re/Max Rgv Commercial Group

Broker

noe.lopez@me.com

Email

Affordability Calculator

$4,819
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$663
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3057738 Elementary School
3057398 Middle School
McAllen H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$675,000 Listed Price

Map


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502 N 15th Street, McAllen, TX, 78501 is a Multi-Family Home for sale at $675,000 with 4,008 sqft and a lot size of 0.241. 502 N 15th Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 78501 which is in McAllen, TX