2419 Vine Avenue

McAllen, TX 78501

$299,900
Price
Beds
3,360 Sq. Ft.
$89 / Sq. Ft.
3,360
Sq. Ft.
$89
per Sq. Ft.

Description

Investors, come see this amazing value-add opportunity in the heart of McAllen. Situated within eyesight of McHi, this property is located just off 23rd Street in between the major thoroughfares of Nolana and Pecan. Boasting decades of steady rent, full occupancy has never been an issue for the landlord. Each of the 4 units have 2 bedrooms and 1 bathroom with central A/C, refrigerator and stove/oven range. Regarding improvements, the roof was re-shingled in 2023, 2 water heaters are brand new, and...Investors, come see this amazing value-add opportunity in the heart of McAllen. Situated within eyesight of McHi, this property is located just off 23rd Street in between the major thoroughfares of Nolana and Pecan. Boasting decades of steady rent, full occupancy has never been an issue for the landlord. Each of the 4 units have 2 bedrooms and 1 bathroom with central A/C, refrigerator and stove/oven range. Regarding improvements, the roof was re-shingled in 2023, 2 water heaters are brand new, and the downstairs A/C units were both replaced within the last 5 years.
  1. Listed by Zacarias (Zack) Andres Guerra • TREC #785049240 • Ursa Real Estate

Property Details for 2419 Vine Avenue

Community Features
None
Subdivision Name
Las Palmas
LISTING UPDATED: 01/11/2025 05:58 PM

Property Details for 2419 Vine Avenue

StatusActive
MLS #458556
Days on MarketListed Today
Taxes$4,770 / year
HOA Fees-
Condo/Co-op Fees$100 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1976
Lot Size0.15 AC / 6,581 SF
CountyHidalgo County

Building Information for 2419 Vine Avenue

Stories2Residences10Year Built1976Building Size-Lot Size0.15 AC / 6,581 SF

Property Information for 2419 Vine Avenue

Summary
Location and General Information
  • Directions: Heading South on 23rd Street from Nolana, take a right on Vine Avenue. The property is on the left-hand side at 2419 Vine Avenue.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Seguin
  • Elementary School District: McAllen ISD
  • High School: Rowe H.S.
  • High School District: McAllen ISD
  • Middle Or Junior School: De Leon
  • Middle Or Junior School District: McAllen ISD
Taxes and HOA
  • Association: No
  • Parcel Number: L335000000000302
  • Tax Annual Amount: $4,770
  • Tax Legal Description: LAS PALMAS E. 20' OF LOT 3 & W. 36' OF LOT 4
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Seller Measured
  • Building Area Total: 3360.0
  • Building Area Units: Square Feet
  • Living Area: 3360.0
  • Living Area Source: Seller Measured
  • Living Area Units: Square Feet
  • Lot Features: Alley
  • Lot Size Acres: 0.1511
  • Lot Size Area: 6581.916
  • Lot Size Dimensions: 55'x118'
  • Lot Size Square Feet: 6581.916
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1976
  • Year Built Source: HCAD
  • Escrow: $3,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: Chain Link, None
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Brick, HardiPlank Type
  • Other Structures: Outbuilding (None)
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Carpet, Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $31,200.00
  • Insurance Expense: $8,000.00
  • Maintenance Expense: $100.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 10
  • Other Expense: $130.00

Property History for 2419 Vine Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2419 Vine Avenue

Taxable ValueLand$44,415Additions$160,734Total$205,149
Tax Record2022$4,103 ($342 / month)
Home Facts
Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories1Lot Size6,582 SqFtStyleQuadraplexYear Built1976Year Renovated1989CountyHIDALGOAPNL3350-00-000-0003-02

Schools near 2419 Vine Avenue

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 - 6 to 12
Rating
School
Distance
Seguin Elementary School
PublicPK to 5

De Leon Middle School
Public6 to 8

Rowe High School
Public9 to 12

Instr/Guid Center
Public6 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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2419 Vine Avenue is a multi-family home for sale in McAllen, TX 78501. This property was listed for sale on January 11, 2025 by Ursa Real Estate, it's currently listed at $299,900. This listing's school district is Mcallen Independent School District. Nearby schools include Seguin Elementary School, De Leon Middle School and Rowe High School. 2419 Vine Avenue is a 0-bed, 0-bath, 3,360 sqft multi-family home built in 1976.

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 Ursa Real Estate

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.