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.
For sale
$310,000
912 N 29th St, McAllen, TX 78501
5beds
3baths
3,060sqft
Est.:
Triplex, Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$101/sqft
$-- HOA
What's special
- 596 days
- on Zillow |
- 178 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: February 25, 2025 at 12:42pm
Listed by:
Aprillynn Sanchez 956-279-4890,
Trademark Real Estate Group
Source: Greater McAllen AOR,MLS#: 414470
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Smooth Electric Cooktop, Refrigerator, Stove/Range
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Ceiling Fan(s)
- Flooring: Other
Interior area
- Total structure area: 3,060
- Total interior livable area: 3,060 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Carport, No Garage
- Carport spaces: 6
Features
- Exterior features: None
- Fencing: Non Privacy
Lot
- Size: 10,123.34 Square Feet
- Features: Irregular Lot
Details
- Additional structures: Outbuilding (None)
- Parcel number: I900000000000300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Ivy Terrace
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $253,587
- Annual tax amount: $6,289
- Date on market: 10/11/2023
- Road surface type: Paved
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