408 E Ulex AVE Mcallen, TX 78504
10,376 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,376 sqft
Subdivision Violet Terrace
MLS Listing ID 485865
HOA Y/N No
Year Built 2000
Annual Tax Amount $21,188
Tax Year 2025
Lot Size 0.597 Acres
Acres 0.5974
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
The complex features a solid rental history and water is included, simplifying management and reducing tenant turnover. With McAllen's growing rental market and strong economic stability, this property offers the potential for excellent cash flow and appreciation. Whether you're a seasoned investor or just starting out, this 12-unit property presents a rare opportunity to own a multi-family complex in one of the Valley's most desirable areas.
Location
State TX
County Hidalgo
Community None, Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Dryer, Walk-In Closet(s), Washer
Heating Central
Cooling Central Air
Flooring Tile
Appliance Water Heater (Other Location), Dryer, Refrigerator, Stove/Range, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Mature Trees
Fence None
Community Features None, Sidewalks, Street Lights
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot, Sidewalks
Faces Head north on N 10th St toward W Nolana Ave, Turn right at the 1st cross street onto W Nolana Ave, Turn left onto N C St/N Chai/N Chai C St, Turn right onto E Ulex Ave, Complex will be in the corner to your Right
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Brick
New Construction No
Schools
Elementary Schools Gonzalez
Middle Schools Cathey
High Schools Memorial H.S.
Others
Tax ID V417000000002100
Security Features Smoke Detector(s)