$5,997 Closing Credit¹
#449510, Norma Elizondo, Listing Office: Red Door Real Estate Services
$615,000 List price
1201 E Olympia Ave Mcallen, TX 78503
$7,303
Closing credit¹
6,200 sqft
0.2 acres
$99 / sqft
Multi-Family
Property details
About 1201 E Olympia Ave
ATTENTION ALL INVESTORS!! A 4-unit apartment complex is available now and 3 are LEASED! Each unit features 3 bedrooms, 2.5-bathroom, featuring granite countertops and stainless steel appliances, with a washer and dryer included for your convenience. Ideally situated near hospitals, the airport, restaurants, gyms, and shopping, this property is a fantastic opportunity. Don’t miss out on this exceptional four-unit multi-family investment located in a prime area of McAllen, Texas!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size6,200 sqft
Lot size0.2204 Acres
Year built2020
ParkingNo Garage
MLS #466379
Summary
- MLS Number: 466379
- MLS Name: McAllenTX
- Office Name: Mary Lou Henry Real Estate
- Office Phone: (956) 631-3400
- Listing Agent: Yadira Velarde
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.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 4/3/2025, 1:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$615,000
1201 E Olympia Ave
$7,303
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 | $559,159 | $11,671 |
| 2022 | $486,225 | $10,399 |
| 2021 | $429,318 | $11,438 |
| 2020 | $429,726 | $11,438 |
| 2019 | $46,080 | $1,272 |
History based on county public records data.
Nearby schools
7
Geraldine Palmer Elementary School
Public District PK-5
0.7 mi
•1200 W Hall Acres Rd
9
Aida C. Escobar Elementary School
Public District PK-5
1.6 mi
•901 W Kelly Ave
8
Vanguard Picasso
Public Charter PK-5
2.0 mi
•901 S Athol St
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 $65,400. Most Mcallen, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
22%
<35k
46%
35k-100k
20%
100k-200k
12%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
11%
Single, with Kids
24%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Minor League Baseball Games
NBA/WNBA
Major League Soccer (MLS)
Where do the neighbors shop?
New York & Company
Banana Republic
Express/Express For Men
Where do the neighbors go to eat?
Chick-fil-A
Qdoba
Sonic
What do the neighbors drive?
Kia
Infiniti
Volkswagen
What do the neighbors listen to?
Talk/Personality
Active Rock
Urban Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1201 E Olympia Ave in Mcallen, TX and zip code 78503. This 6,200 square foot home, which was built in 2020, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $615,000.
From Rocket Homes Real Estate and based on county public records data.