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Phillip Veale

phillipveale@gmail.com +1956678626

Listed by HCH Realty

$ 385,000

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Active

2904 Highland AVE Mcallen, TX 78501

6,768 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,768 sqft

Subdivision La Lomita Estates

MLS Listing ID 498364

HOA Y/N No

Year Built 2000

Annual Tax Amount $5,126

Tax Year 2025

Lot Size 8,249 Sqft

Acres 0.1894

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Investment Opportunity in the Heart of McAllen! Well-maintained 4-plex located at 2904 Highland Ave offering strong rental potential and a proven steady rental history. All four units are currently leased, providing immediate and consistent cash flow from day one—a true turnkey investment opportunity. Each unit is individually metered for electricity, while the property operates on a single water meter averaging approximately $150/month, helping keep operating expenses low. Built in 2000 with an effective year built of 2010, this property has been consistently maintained, supporting long-term tenant retention and overall condition. Ideally situated near Rowe High School with convenient access to major roadways, shopping, and dining. This centrally located multifamily asset is perfect for investors seeking stable, income-producing property in a high-demand rental market.

Location

State TX

County Hidalgo

Community Curbs, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Refrigerator, Stove/Range

Laundry None

Exterior

Carport Spaces 4

Fence Wood

Community Features Curbs, Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Curb & Gutters, Sidewalks

Faces Head northwest on I-2, Take exit 140 toward FM 2220/Ware Rd, Merge onto W Expy 83/W Frontage Rd E/US-83 Frontage Rd/WB U S 83, Turn right onto S 29th St/Rooth Rd, Continue to follow S 29th St, Turn left onto Highland Ave/Z Highland Ave W, Destination will be on the right.

Story 2

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Seguin

Middle Schools De Leon

High Schools Rowe H.S.

Others

Tax ID L132000000009100

Security Features Smoke Detector(s)