806 W Walnut Avenue McAllen, TX $ 365,000
806 W Walnut Avenue
$ 365,000
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806 W Walnut Avenue

McAllen, TX, 78501
$ 365,000
Baths0.0 Sq 2,059

Monthly Estimate*

$ 2,247

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Studio

Multi-Family Home for sale in McAllen, TX

for $365,000. This 2,059 square foot home was built in 1978 on a lot size of 0.2634.

Income-producing duplex-style property with detached studio apartment and private alley access. Studio includes kitchen, closet, and sleeping area, previously leased at $670/month. Main residence has averaged $1,850/month, offering strong cash flow potential. Ideal for investors or owner-occupants seeking rental income. Two electric meters, one water meter. Recently remodeled with updated kitchen and baths, newer flooring, A/C, water heaters, and fixtures. Main home features granite countertops, custom island, stainless steel appliances, formal living/dining with upgraded lighting, spacious bedrooms, and two full baths. Additional bonus room plus sunroom, washer/dryer area, and large covered patio with citrus trees. Alley access enhances tenant privacy. Located in McAllen ISD. Owner occupued DPA program available with approx. $2,000 down for qualified buyers (600+ credit), free application. Or investors 20% down

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Multi-Family Active

Price

$ 365,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,766

Style

Duplex

Lot Size

0.2634

Year Built

1978

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

500156

Features
General
Sewer City Sewer
Utilities Cable Available
Possession Closing and Funding
Property Subtype Duplex
Tax Year 2025
Community Features Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Highland Center
Status Active
Directions From North 2nd st. going South turn right on La Vista towards 10th St. Turn left (south) on 9th St. Turn right on Walnut Second home to the right.
High School Memorial H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Square Feet
Lot Size Square Feet 11474.1396
Elementary School Jackson
Tax Annual Amount 3766
Home Warranty Y/N false
Middle/Junior High School Cathey
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 HIGHLAND CENTER LOT 6 BLK 2
Freehold BBO VOW IDX
Living Area 2059
Cooling Central Air Other HVAC
Roof Shingle
Appliances Electric Water Heater Dishwasher Refrigerator Stove/Range-Electric Coil Washer
Garage Spaces 2
Construction Materials Brick Siding
Year Built 1978
Stories Count 1
Energy Efficient None
Garage Y/N true
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Central Other HVAC
Patio/Porch Features Covered Patio Patio Screened
Insurance Expense 1100
Attached Garage true
Other Structures Outbuilding (None)
Gross Income 33240
MaintenanceExpense 1920
Number Of Units Total 2
Virtual Tour https://youtube.com/shorts/r8KUWoRRqLs?feature=share
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Decorative/High Ceilings Dryer Walk-In Closet(s) Washer
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room Washer/Dryer Connection
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Exterior
Water Source Public
Lot Size Area 11474.1396
Lot Size Acres 0.2634
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Alley Sidewalks Sprinkler System
Fencing Privacy Wood
Exterior Amenities Mature Trees Sprinkler System
Parking Features Attached
Total Parking 2
Foundation Details Slab
Building Area Total 2059
Covered Spaces 2
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 2
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* Excluded Features
List By
Luz del Alba Munoz Dagdug

Listing Agent

Properties Rent Now Rgv Llc

Broker

realtor@rentnowrgv.com

Email

Affordability Calculator

$2,561
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$314
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
3057682 Elementary School
1204033 Middle School
Memorial H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$365,000 Listed Price

Map


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806 W Walnut Avenue, McAllen, TX, 78501 is a Multi-Family Home for sale at $365,000 with 2,059 sqft and a lot size of 0.2634. 806 W Walnut Avenue is a studio with 0.0 baths and was built in 1978. The property's zip code is 78501 which is in McAllen, TX