$5,047

closing credit¹

233 W Watts Ave Progreso, TX 78579

$425,000
4,636 sqft
0.4 acres
$92 / sqft
Multi-Family

Property details

About 233 W Watts Ave

Great Investment Opportunity! This property features five frame homes conveniently situated on a single lot, offering excellent rental income potential. Each home is equipped with its own water and electricity meter, making management straightforward. All leases are currently month-to-month, providing flexibility for new owners. Whether you're a seasoned investor or just starting out, this property is perfect for steady cash flow with room to grow. To make it even better, seller financing is available, opening the door for more opportunities to secure this unique asset. Don’t miss out on this versatile and income-generating investment!

Highlights

Home typeMulti Family
StatusActive
CoolingWindow Unit(s)
Size4,636 sqft
Lot size0.4 Acres
Year built2000
ParkingNo Garage
MLS #454044

Summary

  • MLS Number: 454044
  • MLS Name: McAllenTX
  • Office Name: Paramount Commercial Real Estate LLC
  • Office Phone: (956) 451-1152
  • Listing Agent: Adolfo Landa

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: 2/12/2025, 11:15:56 AM 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 front of property

$425,000

233 W Watts Ave

$5,047

closing credit¹

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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

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Nearby schools

7

Progreso Elementary School

Public District 3-5

1.6 mi

1401 N Business FM 1015

6

Dr. R.E. Margo Elementary School

Public District PK-5

4.2 mi

1701 S Bridge Ave

4

W.B. Travis Elementary School

Public District PK-5

4.5 mi

1551 S Georgia 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 $34,750. The most common annual income of people living in Progreso, TX is less than $<35k. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

50%
<35k
30%
35k-100k
15%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

18%
Single, No Kids
13%
Single, with Kids
27%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • New CountryNew Country
  • CountryCountry
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 233 W Watts Ave in Progreso, TX and zip code 78579. This 4,636 square foot home, which was built in 2000, sits on a 0.40 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 2, 2024 and is currently priced at $425,000.

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

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