$4,631

closing credit¹

818 Walnut Ave Mcallen, TX 78501

$390,000
4,224 sqft
0.5 acres
$92 / sqft
Multi-Family

Property details

About 818 Walnut Ave

Calling all savvy investors! Check out this charming 4-plex in the heart of McAllen, bursting with potential and ready for some TLC. Situated in one of the city's most promising investment areas, this property is your canvas to transform and create a valuable asset. With spacious units and a prime location, the possibilities are endless. Whether you're looking to renovate for rental income or flip for profit, this is the opportunity you've been waiting for. Don't miss out on making your mark in McAllen's thriving real estate market! This could be used as an owner occupied investment or short /long term rentals ! This Multi Property features 4 parking spots and is perfect for those looking to generate rental income. Don’t miss out on this great opportunity!

Highlights

Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size4,224 sqft
Lot size0.529 Acres
Year built1974
ParkingNo Garage
MLS #460190

Summary

  • MLS Number: 460190
  • MLS Name: McAllenTX
  • Office Name: Casa Mia Real Estate, LLC.
  • Office Phone: (956) 706-8652
  • Listing Agent: Jennifer Cantu

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, 7:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home featuring a front lawn

$390,000

818 Walnut Ave

$4,631

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

YearAssessmentProperty Tax
2023$446,668$8,933

History based on county public records data.

Nearby schools

7

Andew Jackson Elementary School

Public District PK-5

0.4 mi

501 W Harvey St

6

Woodrow Wilson Elementary School

Public District PK-5

0.9 mi

1200 E Hackberry Ave

9

Ben Milam Elementary School

Public District PK-5

1.0 mi

3800 N Main St

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 $30,000. Residents of Mcallen, TX typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

60%
<35k
29%
35k-100k
5%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
18%
Single, with Kids
28%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • AcuraAcura

What do the neighbors listen to?

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

This home is located at 818 Walnut Ave in Mcallen, TX and zip code 78501. This 4,224 square foot home, which was built in 1974, sits on a 0.53 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $390,000.

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

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