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2501 Hibiscus Avenue McAllen, TX $ 3,200,000
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$ 3,200,000 Get more info
2501 Hibiscus Avenue
$ 3,200,000
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Share Save

2501 Hibiscus Avenue

McAllen, TX, 78501
$ 3,200,000
Bedrooms32 Baths32.0 Sq 27,136

Monthly Estimate*

$ 19,703

2501 Hibiscus Avenue, McAllen, TX 78501 - Image 1
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2501 Hibiscus Avenue, McAllen, TX 78501 - Image 8
2501 Hibiscus Avenue, McAllen, TX 78501 - Image 9
2501 Hibiscus Avenue, McAllen, TX 78501 - Image 10
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2501 Hibiscus Avenue, McAllen, TX 78501 - Image 15

Multi-Family Home for sale in McAllen, TX

for $3,200,000 with 32 bedrooms and 32 full baths. This 27,136 square foot home was built in 1994 on a lot size of 1.7493.

Welcome to Paseo Del Sol apartment complex! Premier investment opportunity in the center of McAllen. This well-maintained 32-unit, two-story apartment community offers durable full-brick construction and paved covered parking encircling the property for added convenience and longevity. Each residence features a desirable 2-bedroom, 1-bathroom layout, consistently attracting long-term tenants and supporting strong operational performance. Currently 97% occupied, the asset reflects exceptional rental demand and a proven history of minimal vacancy. Its prime location places residents minutes from McAllen’s major retail corridors, entertainment districts, medical facilities, and key employment hubs further enhancing stability and future appreciation potential. With opportunities for rent optimization or interior value-add improvements, this property presents a compelling addition to a growing multifamily portfolio in one of South Texas’ most resilient markets.

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Multi-Family Active

Price

$ 3,200,000

Bedrooms

32

Full Bath

32

Property Type

Multi-Family

Taxes

$ 41,397

Style

Apartment

Lot Size

1.7493

Year Built

1994

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

487276
Features
General
Living Area 27136
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Water Heater (Other Location) Refrigerator Stove/Range-Electric Coil
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1994
Stories Count 2
Property Subtype Apartment
Tax Year 2025
Gross Income 321425
Community Features Curbs Sidewalks
County Hidalgo
Insurance Expense 18832
Property Type Residential Income
HOA No
Energy Efficient None
MaintenanceExpense 22718
Subdivision Name W. H. Graner #2
Garage Y/N No
Other Structures Outbuilding (None) Storage
Status Active
Directions From 23rd and Hibiscus heading north. Turn left(west) onto Hibiscus. Complex will be to the left hand side. No FOR SALE sign. Paseo Del Sol Apartment Complex. Property is south of Nolana.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Number Of Units Total 32
Lot Size Units Acres
Lot Size Square Feet 76199.9436
Carport Spaces 64
Carport Y/N Yes
Elementary School McAuliffe
Tax Annual Amount 41397
Home Warranty Y/N No
Middle/Junior High School De Leon
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 W. H. GRANER UT NO. 2 LOTS 15 & 16
Freehold BBO VOW IDX
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Interior
Interior Amenities Ceiling Fan(s) Decorative/High Ceilings
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None
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Exterior
Exterior Amenities None Sprinkler System
Fencing None
Parking Features Attached Garage Faces Rear Garage Faces Side
Lot Features Curb & Gutters Professional Landscaping Sidewalks Sprinkler System
Water Source Public
Total Parking 64
Lot Size Area 1.7493
Foundation Details Slab
Number of Buildings 4
Building Area Total 27136
Lot Size Acres 1.7493
Road Surface Type Paved
Covered Spaces 64
Number of Separate Water Meters 33
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Allen Lozano

Listing Agent

Big Realty

Broker

allen@bigrealty.com

Email

Affordability Calculator

$23,153
Per Month
85%
15%
0%
Monthly Principal & Interest
$19,703
Monthly Property Taxes
$3,450
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
3057437 Elementary School
3057676 Middle School
McAllen H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/19/2025$3,200,000 Listed Price

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2501 Hibiscus Avenue, McAllen, TX, 78501 is a Multi-Family Home for sale at $3,200,000 with 27,136 sqft and a lot size of 1.7493. 2501 Hibiscus Avenue has 32 bedrooms, 32.0 baths, and was built in 1994. The property's zip code is 78501 which is in McAllen, TX

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