$2,423 Closing Credit¹
#460235, Trisha Scott, Listing Office: Veale Properties
$2,350,000 List price
120 S 4th St Mcallen, TX 78501
$10,000
Closing credit¹
9,968 sqft
0.6 acres
$236 / sqft
Condo
Property details
About 120 S 4th St
Don't miss this chance to acquire this well-located and unique income-producing asset. The property is just steps from popular retail and restaurants and the highly trafficked intersection of Business 83 and 2nd st. All of the units have been professionally remodeled with high-quality finishes, and are turn-key ready for occupancy. The property presents an exciting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units have smart TVs, comfortable beds, dining areas, kitchenettes, and in-unit washers and dryers. High occupancy rate, and fully stabilized asset with excellent income. Financials are available upon request.
Highlights
Home typeCondominium
StatusActive
CoolingWall Unit(s)
Size9,968 sqft
Lot size0.6207 Acres
Year built1985
MLS #459105
Summary
- Appliances: Range, Cooktop, Dryer, Washer, Gas Water Heater, Refrigerator
- Flooring Type: Tile
- Exterior: None
- Cooling: Wall Unit(s)
- List Price: $2,350,000
- Price/SqFt: $235
- Annual Tax Amount: $12,140
- Tax Year: 2023
- Directions: From business 83 and 2nd st: Go W on business 83, go S on 4th st. The property will be on your right hand side.
- Year Built: 1985
- Stories: 1
- Living Area: 9,968 SqFt
- Lot Size: 0.6207 Acres
- MLS Number: 459105
- MLS Name: McAllenTX
- Office Name: Effective Real Estate
- Office Phone: (956) 322-8522
- Listing Agent: Esteban Flores
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/5/2025, 11:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,350,000
120 S 4th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $607,000 | $12,140 |
| 2022 | $463,901 | $9,552 |
| 2021 | $213,905 | $10,189 |
| 2020 | $402,313 | $10,189 |
| 2019 | $417,442 | $10,980 |
| 2017 | $883,816 | $22,454 |
History based on county public records data.
Nearby schools
4
Victor Fields Elementary School
Public District PK-5
0.2 mi
•500 Dallas Ave
6
Woodrow Wilson Elementary School
Public District PK-5
0.9 mi
•1200 E Hackberry Ave
8
Thigpen-Zavala Elementary School
Public District PK-5
1.6 mi
•2500 Galveston Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,776. Most Mcallen, TX residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
50%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
17%
Single, with Kids
15%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
33%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Pro Boxing
Where do the neighbors shop?
Burlington
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Cicis Pizza
Church's Chicken
Popeyes
What do the neighbors drive?
Pontiac
Cadillac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 120 S 4th St
The listing price of 120 S 4th St property is $2,350,000.
The property 120 S 4th St is a condo located in Mcallen, Texas, 78501.
Active Listing: 120 S 4th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 120 S 4th St are: Victor Fields Elementary School (GreatSchools Rating 4/10), Woodrow Wilson Elementary School (GreatSchools Rating 6/10), Thigpen-Zavala Elementary School (GreatSchools Rating 8/10), William B. Travis Middle School (GreatSchools Rating 5/10), Horizon Montessori (GreatSchools Rating 8/10), Dr. Rodney D. Cathey Middle School (GreatSchools Rating 7/10), McAllen Memorial High School (GreatSchools Rating 5/10), Lamar Academy (GreatSchools Rating 5/10), Triumph Public High Schools-Mcallen (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $12,140 (source: MLS/based on county public records data).
The property at 120 S 4th St has 0 bathroom.
The property 120 S 4th St is 9,968 SqFt (source: MLS/tax record).
The year of construction for 120 S 4th St is 1985.
This home is located at 120 S 4th St in Mcallen, TX and zip code 78501. This 9,968 square foot home, which was built in 1985, sits on a 0.62 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $2,350,000.
From Rocket Homes Real Estate and based on county public records data.