501 North 35th Street

McAllen, TX 78501

$668,500
Price
Beds
Baths
5,860 Sq. Ft.
$114 / Sq. Ft.
5,860
Sq. Ft.
$114
per Sq. Ft.

Description

This fourplex was professionally appraised for $750,000! more than 70,000 equity for a new owner. What an
exceptional investment opportunity! Accelerated depreciation may be an option for you! This brand-new fourplex is perfectly situated on a corner lot, offering
unparalleled convenience just moments from the expressway, shopping, and top-rated restaurants. Each
townhouse-style apartment is thoughtfully designed for modern living, featuring: 3 spacious bedrooms 2.5
bathrooms Open floor plans with plenty
...This fourplex was professionally appraised for $750,000! more than 70,000 equity for a new owner. What an
exceptional investment opportunity! Accelerated depreciation may be an option for you! This brand-new fourplex is perfectly situated on a corner lot, offering
unparalleled convenience just moments from the expressway, shopping, and top-rated restaurants. Each
townhouse-style apartment is thoughtfully designed for modern living, featuring: 3 spacious bedrooms 2.5
bathrooms Open floor plans with plenty of natural light Quality finishes and contemporary touches
throughout This property is ideal for savvy investors looking to tap into the thriving McAllen rental market. Its desirable location and thoughtfully designed units make it an excellent choice for generating consistent
rental income and long-term value. Don’t miss this chance to own a prime piece of McAllen real estate. Call
today for more details and to schedule a private tour!
  1. Listed by Miguel Vargas • TREC #801068985 • Tnt Real Estate

Property Details for 501 North 35th Street

Community Features
Street Lights
Subdivision Name
Golden Acres Retirement
LISTING UPDATED: 03/05/2025 10:17 AM

Property Details for 501 North 35th Street

StatusActive
MLS #460336
Days on Market38
Taxes$1,251 / year
HOA Fees-
Condo/Co-op Fees$200 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2025
Lot Size0.21 AC / 9,043 SF
CountyHidalgo County

Building Information for 501 North 35th Street

Stories2Residences4Year Built2025Building Size-Lot Size0.21 AC / 9,043 SF

Property Information for 501 North 35th Street

Summary
Location and General Information
  • Directions: form the expressway go north ware and on gumwood take a right and right again on 35th st going south and the property will be at the end of the road.
  • 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 Garage
  • Parking Total: 0.0
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: No
  • Parcel Number: G480002002000901
  • Tax Annual Amount: $1,251
  • Tax Legal Description: GOLDEN ACRES RETIREMENT NO. 2 LOT 9 BLK 2
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 5860.0
  • Building Area Units: Square Feet
  • Living Area: 5860.0
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Lot Features: Corner Lot, Sidewalks
  • Lot Size Acres: 0.2076
  • Lot Size Area: 9043.056
  • Lot Size Square Feet: 9043.056
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 2025
  • Year Built Source: Appraiser
  • Escrow: $5,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 4
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: HardiPlank Type
  • Other Equipment: 1 Year Warranty
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Covered Patio, Patio Slab
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Laminate
  • Heating: Central
  • Heating: Yes
  • Interior Features: Built-in Features, Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $67,200.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $200.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 501 North 35th 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 501 North 35th Street

Taxable ValueLand$53,348Additions-Total$53,348
Tax Record2024$1,011 ($84 / month)
Home Facts
Beds0Total Finished SqFt910 SqFtAbove Grade Finished SqFt910 SqFtLot Size9,043 SqFtStyleMiscellaneous Vacant LandYear Built1969ZoningR2CountyHIDALGOAPNG4800-02-002-0009-01

Schools near 501 North 35th 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 - 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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501 North 35th Street is a multi-family home for sale in McAllen, TX 78501. This property was listed for sale on January 31, 2025 by Tnt Real Estate, it's currently listed at $668,500. This listing's school district is Mcallen Independent School District. Nearby schools include Alvarez Elementary School, De Leon Middle School and Rowe High School. 501 North 35th Street is a 0-bed, 0-bath, 5,860 sqft multi-family home built in 2025.

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 Tnt 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.