PENDING0.28 ACRES
2504 N 31st Ln
McAllen, TX 78501
Studio
2,580 sqft (on 0.28 acres)
- Studio
- 2,580 sqft (on 0.28 acres)
Studio
2,580 sqft
(on 0.28 acres)
Local Information
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-- mins to
Commute Destination
Description
Welcome to your next investment opportunity! This charming 4plex presents an excellent prospect for both seasoned and new investors. Located in a thriving area of McAllen less than 1 mile from STC and Nikki Rowe High school, this property offers 4 1-bedroom 1-bathroom units. Each unit provides comfortable living spaces and convenience. This property is situated in central McAllen & enjoys proximity to a range of amenities including shopping centers, restaurants, schools, and parks and provides tenants with a covered car port parking space. Refrigerators, stoves/ovens, washers and dryers convey with the sale. This cash flowing 4-plex is leasing three units to long term tenants for $655, $600, $550, and the 4th unit is being leased as a short term rental. This property presents an excellent income-generating opportunity since there is still room for greater cash flow based on comparable units nearby indicating these apartments can be rented at $750. Schedule a showing today!
Home Highlights
Parking
1 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$107
Listed
34 days ago
Home Details for 2504 N 31st Ln
Interior Features |
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Dimensions and Layout Living Area: 2580 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater, Oven-Single, Refrigerator, Stove/Range-Electric Smooth, WasherLaundry: Laundry ClosetRefrigeratorWasher |
Heating & Cooling Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Has Heating Unspecified Type |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
Exterior Features |
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Exterior Home Features Roof: ShingleFencing: WoodOther Structures: Outbuilding (None)Exterior: Mature TreesFoundation: Slab |
Parking & Garage Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportNo GarageParking Spaces: 1Parking: No Garage |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
Days on Market |
|---|
Days on Market: 34 |
Property Information |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: BrickDoes Not Include Home Warranty |
Property Information Parcel Number: L132000000008300 |
Price & Status |
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Price List Price: $275,000Price Per Sqft: $107 |
Status Change & Dates Possession Timing: Closing and Funding |
Active Status |
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MLS Status: Pending |
Location |
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Direction & Address City: McAllenCommunity: La Lomita Estates |
School Information Elementary School: SeguinElementary School District: McAllen ISDJr High / Middle School: De LeonJr High / Middle School District: McAllen ISDHigh School: Rowe H.S.High School District: McAllen ISD |
Agent Information |
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Listing Agent Listing ID: 432008 |
Building |
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Building Area Building Area: 2580 Square Feet |
Community |
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Community Features: CurbsUnits in Building: 4 |
HOA |
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No HOA |
Lot Information |
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Lot Area: 0.28 acres |
Energy |
|---|
Energy Efficiency Features: Other |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 432008 |
Additional Information |
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Curbs |
Last check for updates: about 18 hours ago
Listing courtesy of Jalyssa Garza, (956) 655-2191
Keller Williams Realty Rgv
Source: Greater McAllen AOR, MLS#432008
Price History for 2504 N 31st Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 04/23/2024 | $275,000 | Pending | Greater McAllen AOR #432008 |
| 03/25/2024 | $275,000 | Listed For Sale | Greater McAllen AOR #432008 |
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Comparable Sales for 2504 N 31st Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.87 | Multi-Family Home | - | 05/16/23 | 4 | - | 2,310 | |
2.82 | Multi-Family Home | - | 10/12/23 | 8 | - | 3,888 | |
2.65 | Multi-Family Home | - | 09/25/23 | - | 888 | ||
4.14 | Multi-Family Home | - | 12/06/23 | - | 4,100 | ||
4.14 | Multi-Family Home | - | 06/27/23 | - | 3,890 | ||
4.14 | Multi-Family Home | - | 07/24/23 | - | 4,150 | ||
4.14 | Multi-Family Home | - | 06/27/23 | - | 3,700 | ||
5.42 | Multi-Family Home | - | 12/18/23 | - | 9,504 |
What Locals Say about McAllen
- Aronquintanilla
- Resident
- 3mo ago
"Crazy traffic. And crazy drivers. This area became very populated. The city is on a grid lock where there’s no more land to buy. "
- Eden B.
- Resident
- 3y ago
"Lots of places to go outside and exercise or do activists with the kids. Dogs can be easily walked. "
- Dasilvanara
- Resident
- 3y ago
"Lots of families and parks. The area is very safe. The schools around here are excellent. This is a great place to raise a family."
- Analicia S.
- Resident
- 3y ago
"There’s sometimes neighbors dogs running around loose in the neighborhood. The dogs around here are friendly and well taken care of."
- Dasilvanara
- Resident
- 3y ago
"My neighborhood is a great place. It is safe and has lots of public parks and shopping nearby. I have lived all over the US and would recommend this area above all!"
- Lisa R. .
- Resident
- 3y ago
"there are many family members living in the area. it's a very safe environment to live with uour family "
- Kerryd25
- Resident
- 3y ago
"There are activities at times during the Halloween season to make it a family social and encourage others in the neighborhood."
- Erika L.
- Resident
- 3y ago
"I have lived in this neighborhood my whole life, people have always been very friendly. Streets and sidewalks are well maintained. The exterior of each home are well kept. "
- Amanda W.
- Resident
- 3y ago
"McAllen is a great city to raise a family but still best to always watch your children when they play outside"
- Cindy D.
- Resident
- 3y ago
"It’s really family environment, you can take your dog out with a leash with no problem and can do a walk at every hour, really safe"
- Trulia User
- Resident
- 4y ago
"School are great in this area. One of the safest cities to live in. Living expenses are not high, which is great. "
- Jaimerubio.rgv
- Resident
- 4y ago
"Due to cats in the neighborhood, dogs tend to get distracted by them. Other than that, nice place to walk your dogs."
- Yolandatorresc
- Resident
- 4y ago
"Great community with good neighbors and quiet area. Like it! It’s clean and safe area to live and have the family safer place "
- Jaimerubio.rgv
- Resident
- 4y ago
"The culture of this are makes it a great place to raise a family and the shopping is great too. The city does a great job of making the citizen feel welcome."
- Dasita
- Resident
- 4y ago
"Great surrounfigs and living area, the best of Mcallen to live, access to many restaurants, golf courses, hospitals, shopping and leisure activities are just around the corner."
- Kblack011013
- Resident
- 4y ago
"It is very safe and peaceful for families to live here. I like living in McAllen rather than a large city. Great place to raise kids"
- Iesha E.
- Resident
- 4y ago
"It has a lot of areas for pets to be and common areas often allow dogs as well. "
- Claudio M.
- Resident
- 4y ago
"Safe neighborhood to walk dogs with your family. Traffic isn’t to heavy and pets are well tamed. No issues"
- Kathigflo
- Resident
- 4y ago
"Rice street parade! Old car show! Tin Cup events! Dollar Tree store! Fast food restaurant s! No parking signs on arrive st!"
- Austinallansinclair
- Resident
- 4y ago
"No good grass in the area. Everything is dead looking like a desert type of surrounding. The heat is horrible always 102 degrees is not more than that on a daily basis. "
- Lilirios44
- Resident
- 4y ago
"No any longer but ppl it’s polite and respectful . Overall it’s a nice environment. Public school has community events "
- Veronik55
- Resident
- 4y ago
"I would not know. I do not have pet. Maybe they will enjoy the fact that it is in a subdivision and can walk the pet away front traffic and also enjoy the fact that we have sidewalk."
- Tinagarza1423
- Resident
- 4y ago
"It’s the best area that’s so close to Mexico 😜😜 it’s a growing community and most of my family is here"
- Esther
- Resident
- 4y ago
"a very safe and friendly place to live and raise your children. vendors are nice as all the neighbors"
- Trulia User
- Resident
- 4y ago
"Nice please ,the people it’s friendly and the transit it’s always good! I have a good neighbors . The police it’s always alert!"
- Ruby
- Resident
- 4y ago
"Great neighborhood and neighbors! Good location. Close to schools and shopping. Love north Mcallen and all of its amenities "
- GRV
- Resident
- 4y ago
"It’s safe, quiet and everyone’s extremely friendly and not just too friendly but neighborly friendly "
- Patty C.
- Resident
- 4y ago
"My neighborhood has access to McDonalds, Taco Rico, Sonic, Jack In The Box, Wing Stop, Church's Fried Chicken, and HEB. I love my neighborhood."
- Audralisag70
- Resident
- 4y ago
"Great live right by doctors hospital renaissance and I love the commute very convenient to be close to everything "
- Jacqueline R.
- Resident
- 4y ago
"I’ve been living at this neighborhood for almost a year and it’s been great. The neighbors are friendly."
- S S.
- Resident
- 5y ago
"There is dog park nearby along with a veterinary hospital. There are a lot of dog owners who walk their dogs mornings and evenings. Definitely a dog friendly area."
- Fernando V.
- Resident
- 5y ago
"you see dogs all the time. people are always out and about with them. the community is starting to develop more dog friendly environments. "
- Berbrie
- Resident
- 5y ago
"Food trucks and arts and craft fairs are some of the highlights of the community. A lot of pet friendly places popping up also"
- Sylvia R.
- Resident
- 5y ago
"Everyone practically knows everyone. Quiet and quaint. Near many stores. Close to psja, Mission, Edinburg, and Sharyland."
- Adri A.
- Resident
- 5y ago
"Lived here for 8 months it’s a decent area. Can be noisy during weekends. But overall comfortable with the lighting "
- Mickey
- Resident
- 5y ago
"It’s nice, quiet and with great friendly neighbors. There’s a good mix of homes, not too many are for sale here "
- Tscreativesolutions
- Resident
- 5y ago
"very quite upscale community well kept and secure. close to mall and airport. convenient for all local hot spots"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jalyssa Garza, Keller Williams Realty Rgv
Listing information is deemed reliable, but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2504 N 31st Ln, McAllen, TX 78501 is a studio, 2,580 sqft multi-family built in 1989. This property is currently available for sale and was listed by Greater McAllen AOR on Mar 25, 2024. The MLS # for this home is MLS# 432008.