120 South 4th Street

McAllen, TX 78501

$2,500,000
Price
Beds
1
Bath
9,968 Sq. Ft.
$251 / Sq. Ft.
9,968
Sq. Ft.
$251
per Sq. Ft.

Description

Don't miss this chance to acquire this well located and unique income producing asset. The property is located just steps from popular retail and restaurants and the highly trafficked intersection of business 83 and 2nd st. All of the units have been professionally remodeled with high quality finishes, and are turn key ready for occupancy. The property presents an particularly interesting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The...Don't miss this chance to acquire this well located and unique income producing asset. The property is located just steps from popular retail and restaurants and the highly trafficked intersection of business 83 and 2nd st. All of the units have been professionally remodeled with high quality finishes, and are turn key ready for occupancy. The property presents an particularly interesting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units are equipped with smart tv's, comfortable beds, dining areas, kitchenettes, and in unit washer and dryers.
  1. Listed by Esteban Flores • TREC #0555581 • Effective Real Estate, LLC

Property Details for 120 South 4th Street

Area
85
Subdivision
WILSON
School District
719 - McAllen
Cool System
Other Cooling
LISTING UPDATED: 01/04/2025 01:44 AM

Property Details for 120 South 4th Street

StatusActive
MLS #96160595
Days on Market2
Taxes$11,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Plus
Year Built1985
Lot Size0.62 AC / 27,037 SF
CountyHidalgo County

Building Information for 120 South 4th Street

Stories1Residences1Year Built1985Building Size-Lot Size0.62 AC / 27,037 SF

Property Information for 120 South 4th Street

Description Information
School Details
  • School Elementary: FIELDS ELEMENTARY SCHOOL
  • School Middle: TRAVIS MIDDLE SCHOOL (MCALLEN)
  • School High: MCALLEN HIGH SCHOOL
Building Details
  • Stories: 1
  • Unit Total: 29
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Acres Description: 1/2 Up to 1 Acre
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 3
  • Parcel Number: W6300-03-000-0001-00
Unit Information
Unit 1
  • Unit Type: Studio
Interior Exterior Utilities and Additional Information
Interior Features
  • Microwave: Yes
  • Refrigerator: Yes
Exterior Features
  • Lot Description: Corner
  • Roof: Other
  • Utilities: Cable, Electric, Gas, Water
  • Heat System: Other Heating
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
Financial Information
  • Tenancy Type: 1 Year, 6 Month, Month to Month, Weekly

Property History for 120 South 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 South 4th Street

Taxable ValueLand$148,708Additions$458,292Total$607,000
Tax Record2022$12,140 ($1,012 / month)
Home Facts
Total Finished SqFt9,968 SqFtAbove Grade Finished SqFt9,968 SqFtStories1Lot Size27,038 SqFtStyleHotel / MotelYear Built1985Year Renovated2002CountyHIDALGOAPNW6300-03-000-0001-00

Schools near 120 South 4th Street

This home is within Mcallen Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fields Elementary School
PublicPK to 5

Travis Middle School
Public6 to 8

Mcallen High School
Public9 to 12

Lamar Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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120 South 4th Street is a multi-family home for sale in McAllen, TX 78501. This property was listed for sale on January 4, 2025 by Effective Real Estate, LLC, it's currently listed at $2,500,000. This listing's school district is Mcallen Independent School District. Nearby schools include Fields Elementary School, Travis Middle School and Mcallen High School. 120 South 4th Street is a 0-bed, 1-bath, 9,968 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Effective Real Estate, LLC

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.