$668,500

501 N 35th St Mcallen, TX 78501

$7,938
Closing credit¹
5,860 sqft
0.2 acres
$114 / sqft
Multi-Family

Property details

About 501 N 35th St

This fourplex was professionally appraised for $750,000! more than 70,000 equity for a new owner. What an exceptional investment opportunity! Accelerated depreciation may be an option for you! This brand-new fourplex is perfectly situated on a corner lot, offering unparalleled convenience just moments from the expressway, shopping, and top-rated restaurants. Each townhouse-style apartment is thoughtfully designed for modern living, featuring: 3 spacious bedrooms 2.5 bathrooms Open floor plans with plenty of natural light Quality finishes and contemporary touches throughout This property is ideal for savvy investors looking to tap into the thriving McAllen rental market. Its desirable location and thoughtfully designed units make it an excellent choice for generating consistent rental income and long-term value. Don’t miss this chance to own a prime piece of McAllen real estate. Call today for more details and to schedule a private tour!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size5,860 sqft
Lot size0.2076 Acres
Year built2025
ParkingNo Garage
MLS #460336

Summary

  • MLS Number: 460336
  • MLS Name: McAllenTX
  • Office Name: TNT Real Estate
  • Office Phone: (956) 322-3020
  • Listing Agent: Miguel Vargas

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: 3/14/2025, 5:15:56 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 front of house with a front lawn

$668,500

501 N 35th St

$7,938

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$53,348$1,066
2022$35,264$726
2021$35,264$687
2020$27,126$687
2019$27,126$688
2017$27,126$689

History based on county public records data.

Nearby schools

4

Alvarez Elementary School

Public District PK-5

0.6 mi

2606 Gumwood Ave

6

Idea Mcallen Academy

Public Charter PK-5

0.7 mi

201 N Bentsen Rd

8

Thigpen-Zavala Elementary School

Public District PK-5

1.0 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 $49,770. The most common annual income of people living in Mcallen, TX is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

24%
<35k
68%
35k-100k
8%
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?

30%
Single, No Kids
15%
Single, with Kids
29%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • BasketballBasketball
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Stein MartStein Mart
  • Ross Dress For LessRoss Dress For Less
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Jasons DeliJasons Deli
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • AcuraAcura
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 501 N 35th St in Mcallen, TX and zip code 78501. This 5,860 square foot home, which was built in 2025, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $668,500.

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

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