1701 Avocet Avenue McAllen, TX $ 5,640,000
1701 Avocet Avenue
$ 5,640,000
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1701 Avocet Avenue

McAllen, TX, 78504
$ 5,640,000
Baths0.0 Sq 68,024

Monthly Estimate*

$ 35,612

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Studio

Multi-Family Home for sale in McAllen, TX

for $5,640,000. This 68,024 square foot home was built in 1982 on a lot size of 2.977.

Excellent investment opportunity! Parklane Apartments is a 94-unit complex spanning 9 buildings near Bicentennial Blvd and Dove Ave in North McAllen. Unit mix includes 34 one-bed/one-bath units (each with a private patio) and 60 two-bed/one-bath units, all conveying with a stove and refrigerator. Built in 1982, the property features on-site laundry, a swimming pool, tennis court, and basketball court, and is professionally managed with an established tenant screening process. This location is a proven value-renter magnet! Adjacent to Bill Schupp Park, minutes from Doctors Hospital at Renaissance, and close to South Texas College and UT Rio Grande Valley. Easy access to I-2 and I-69C, plus proximity to La Plaza Mall and Downtown's 17th Street entertainment district, adds tenant appeal. Located within McAllen ISD. A solid, stable asset in one of South Texas's strongest markets. Don't miss this opportunity!

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Multi-Family Active

Price

$ 5,640,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 154,393

Style

Apartment

Lot Size

2.977

Year Built

1982

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

510074

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Apartment
Tax Year 2025
Community Features Curbs Pool Tennis Available
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Parklane
Status Active
Directions From N Bicentennial Blvd head east on Avocet Ave. Property is located on the south side of Avocet Ave just past Bicentennial Blvd near Bill Schupp Park. Look for the Parklane Apartments sign. From Downtown McAllen: Head north on N Bicentennial Blvd. Turn right (east) on Avocet Ave. Property is on the right (south side of Avocet) across from Bill Schupp Park.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Acres
Lot Size Square Feet 129678.12
Elementary School Milam
Tax Annual Amount 154393
Home Warranty Y/N false
Middle/Junior High School Morris
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 INTERNATIONAL PARKS LOT 1
Freehold BBO VOW IDX
Living Area 68024
Cooling Central Air Electric
Roof Shingle
Appliances Electric Water Heater Electric Cooktop Refrigerator
Garage Spaces 0
Pool Features In Ground Fenced
Construction Materials Brick
Year Built 1982
Stories Count 2
New Construction false
Energy Efficient Other
Garage Y/N false
Carport Spaces 94
Carport Y/N true
Year Built Source HCAD
Heating Central Electric
Patio/Porch Features Patio
Insurance Expense 100745
Other Structures Laundry Facility Storage
Gross Income 858000
MaintenanceExpense 49544
Number Of Units Total 94
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Area
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Exterior
Lot Size Area 2.977
Lot Size Acres 2.977
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Curb & Gutters Mature Trees Professional Landscaping
Fencing None
Exterior Amenities Mature Trees
Parking Features Garage Faces Front Garage Faces Rear Garage Faces Side
Total Parking 94
Foundation Details Slab
Building Area Total 68024
Covered Spaces 94
Pool YN true
Number of Separate Water Meters 10
Number of Buildings 9
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* Excluded Features
List By
Keller Williams Realty Rgv

Broker

Affordability Calculator

$48,478
Per Month
73%
27%
0%
Monthly Principal & Interest
$35,612
Monthly Property Taxes
$12,866
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3057039 Elementary School
3057460 Middle School
McAllen H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$5,640,000 Listed Price

Map


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1701 Avocet Avenue, McAllen, TX, 78504 is a Multi-Family Home for sale at $5,640,000 with 68,024 sqft and a lot size of 2.977. 1701 Avocet Avenue is a studio with 0.0 baths and was built in 1982. The property's zip code is 78504 which is in McAllen, TX