318 12th Street McAllen, TX $ 197,500
318 12th Street
$ 197,500
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318 12th Street

McAllen, TX, 78501
$ 197,500
Baths0.0 Sq 2,054

Monthly Estimate*

$ 1,247

318 12th Street, McAllen, TX 78501 - Image 1
318 12th Street, McAllen, TX 78501 - Image 2
318 12th Street, McAllen, TX 78501 - Image 3
318 12th Street, McAllen, TX 78501 - Image 4
318 12th Street, McAllen, TX 78501 - Image 5
318 12th Street, McAllen, TX 78501 - Image 6
318 12th Street, McAllen, TX 78501 - Image 7
318 12th Street, McAllen, TX 78501 - Image 8
Studio

Multi-Family Home for sale in McAllen, TX

for $197,500. This 2,054 square foot home was built in 1960 on a lot size of 0.1607.

Excellent investment opportunity in the heart of McAllen! This centrally located multifamily property offers convenient access to Downtown McAllen, shopping, dining, entertainment, major roadways, and nearby employment centers. The property features three units, providing an excellent opportunity for an investor looking to add an income-producing property to their portfolio. Situated in an established area with easy access to I-2/Expressway 83 and surrounding amenities. Whether you're an experienced investor or looking to expand your portfolio, this property offers great potential in a desirable central McAllen location. Schedule your showing today!

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Multi-Family Active

Price

$ 197,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,789

Style

Duplex

Lot Size

0.1607

Year Built

1960

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

514761

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Duplex
Tax Year 2026
Community Features Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name North Mcallen
Status Active
Directions From Business 83 travel north on N. 12th Street approximately 3 blocks. Property is located on the east side of N. 12th Street just south of Date Palm Ave.
High School McAllen H.S.
City McAllen
High School District McAllen ISD
Lot Size Units Square Feet
Lot Size Square Feet 7000.092
Elementary School Wilson
Tax Annual Amount 2789
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 LOT 8 BLK 34
Freehold BBO VOW IDX
Living Area 2054
Cooling Wall Unit(s) Window Unit(s)
Roof Flat
Appliances Gas Water Heater Refrigerator Stove/Range-Gas
Garage Spaces 0
Construction Materials Stucco
Year Built 1960
Stories Count 1
New Construction false
Energy Efficient None
Garage Y/N false
Carport Spaces 3
Carport Y/N true
Year Built Source HCAD
Insurance Expense 6400
Other Structures Outbuilding (None)
Gross Income 24420
MaintenanceExpense 5000
Number Of Units Total 6
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Interior
Interior Amenities Ceiling Fan(s) Fireplace
Flooring Hardwood
Air Conditioning Y/N true
Laundry Features Laundry Area Washer/Dryer Connection
Fireplace Y/N true
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Exterior
Water Source Public
Lot Size Area 7000.092
Lot Size Acres 0.1607
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Sidewalks
Fencing Chain Link
Exterior Amenities None
Parking Features No Carport No Garage Garage Faces Rear
Total Parking 3
Foundation Details Slab
Building Area Total 2054
Covered Spaces 3
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 1
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* Excluded Features
List By
Janet L. Gomez

Listing Agent

Magnolia Rentals, Inc.

Broker

gomez.janet8989@yahoo.com

Email

Affordability Calculator

$1,479
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,247
Monthly Property Taxes
$232
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
3057738 Elementary School
3057398 Middle School
McAllen H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$197,500 Listed Price

Map


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318 12th Street, McAllen, TX, 78501 is a Multi-Family Home for sale at $197,500 with 2,054 sqft and a lot size of 0.1607. 318 12th Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 78501 which is in McAllen, TX