3908 Walnut Avenue

McAllen, TX 78501

$537,500
Price
Beds
3,828 Sq. Ft.
$140 / Sq. Ft.
3,828
Sq. Ft.
$140
per Sq. Ft.

Description

Excellent Investment Opportunity! Discover this income-generating four-plex conveniently located near Ware Rd and Warrior Dr, offering easy access to the expressway, restaurants, shops, and adjacent to Nikki Rowe High School. Expected to be completed by August 2024, this property features modern granite countertops and tile flooring throughout. Each unit comes fully equipped with a stove, refrigerator, microwave, washer, and dryer. The HOA covers yard maintenance, making this property a low-maintenance...Excellent Investment Opportunity! Discover this income-generating four-plex conveniently located near Ware Rd and Warrior Dr, offering easy access to the expressway, restaurants, shops, and adjacent to Nikki Rowe High School. Expected to be completed by August 2024, this property features modern granite countertops and tile flooring throughout. Each unit comes fully equipped with a stove, refrigerator, microwave, washer, and dryer. The HOA covers yard maintenance, making this property a low-maintenance and highly desirable option for investors.
  1. Listed by Preshina Samtani • TREC #801067567 • Key Realty

Property Details for 3908 Walnut Avenue

Community Features
Curbs, Gated, Sidewalks, Street Lights
Subdivision Name
Harvest Creek At Ware Ph. I
LISTING UPDATED: 12/26/2024 06:09 PM

Property Details for 3908 Walnut Avenue

StatusPending
MLS #457029
Days on Market8
Taxes$1 / year
HOA Fees$1,500 / year
Condo/Co-op Fees$2,000 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2024
Lot Size0.22 AC / 9,800 SF
CountyHidalgo County

Building Information for 3908 Walnut Avenue

Stories1Residences4Year Built2024Building Size-Lot Size0.22 AC / 9,800 SF

Property Information for 3908 Walnut Avenue

Summary
Location and General Information
  • Directions: From Expressway 83, exit Ware Rd. Head north on Ware Rd. Right after Nikki Rowe HS, make a left on Warrior Dr. Subdivision will be located on the right.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage, Other Garage or Carport, Garage Faces Rear
  • Parking Total: 8.0
School Information
  • Elementary School: Alvarez
  • 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 Fee: $1,500
  • Association FeeFrequency: Annually
  • Association Name: Harvest Crest at Ware
  • Association: Yes
  • Parcel Number: HARVEST CREEK AT WARE PH 1 LOT 44
  • Tax Annual Amount: $1
  • Tax Legal Description: HARVEST CREEK AT WARE PH 1 LOT 44
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Blue Prints
  • Building Area Total: 3828.0
  • Building Area Units: Square Feet
  • Living Area: 3828.0
  • Living Area Source: Blue Prints
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Sidewalks
  • Lot Size Acres: 0.225
  • Lot Size Area: 9800.1288
  • Lot Size Dimensions: 80x122.5
  • Lot Size Square Feet: 9800.1288
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2024
  • Year Built Source: Builder
  • Escrow: $5,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Energy Star, Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler System
  • Fencing: Privacy, Wood
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Stucco
  • Other Structures: Outbuilding (None)
  • Association Amenities: Property Owners' Assoc.
  • Patio And Porch Features: Patio, Patio Slab
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Laundry Features: Laundry Closet
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $57,600.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $2,000.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $750.00

Property History for 3908 Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3908 Walnut 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 8
Rating
School
Distance
Alvarez Elementary School
PublicPK to 5

De Leon Middle School
Public6 to 8

Rowe High School
Public9 to 12

Lincoln Middle School
Public6 to 8

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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Listing Courtesy of Key Realty

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.