$10,000

closing credit¹

120 S 4th St Mcallen, TX 78501

$2,450,000
9,968 sqft
0.6 acres
$246 / 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

  • 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: 1/31/2025, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of exterior details

$2,450,000

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

YearAssessmentProperty 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

5

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

9

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,776. The majority of Mcallen, TX residents have income between $35k-100k annually. 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 WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes

What do the neighbors drive?

  • PontiacPontiac
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 120 S 4th St

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 $2,450,000.

From Rocket Homes Real Estate and based on county public records data.

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