912 N 29th Street

McAllen, TX 78501
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For Sale
Active
$285,000
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3,060 Sqft. ($93/Sqft.)
0.23 Lot Acres
Multi-Family

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Description

This unique property is a new investor's dream. Income producing Duplex - 2 bedrooms 1 bath, with a 3 bedroom 2 bathroom HOME sits directly across the street from the STC Pecan campus. Roof and AC was replaced 7 years ago, brand new water heaters in all three units. Don't wait, take the opportunity! Currently this property generates $2250 a month in rent but should be correctly priced at $2750 a month with proper rent increases. After some renovations home should easily rent for $1750 and each Apt. for $800 for a grand total of $3250. If held long enough STC could potentially buy out the subdivision, handsomely above market value.

MLS#
GMARTX-414470
List Price
$285,000
($93/Sqft.)
Listing Status
For Sale
Address
912 N 29th Street
City
State
TX
Zip Code
Subdivision
Ivy Terrace
Property Type
Multi-Family
Building Size
3,060 Sqft/Appraisal District
Architecture Style
Other
Year Built
1981 /Appraisal District
Lot Size
0.23 Lot Acres/Appraisal District

Exterior

Roof
Composition Shingle
Energy Features
Ceiling Fan

Interior

Appliances
Cooktop - Electric, Dryer, Range, Refrigerator, Washer

Lot information

Lot Size
0.23 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Greater McAllen Association of Realtors
Source last updated Jun 02, 2024 at 02:31 AM
Listing last updated May 20, 2024 at 02:42 AM
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912 N 29th Street, McAllen, TX 78501. View photos, map, tax, nearby homes for sale, home values, school info...

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