407 Cedar Ave
McAllen, TX 78501
- 8 Beds
- 6 Baths
- 3,025 sqft
8 Beds
6 Baths
3,025 sqft
Local Information
-- mins to
Description
Located just off 2nd street and close proximity to business 83. This is a great multi-family investment opportunity. Tenants have front parking and large back yard space. Laundry Facility on Site generating additional revenue. Recently remodeled upstairs unit #4, Unit #2, and Unit #1. Recent Updates to the entire property and building include installation of two new Mini-split AC units, repairs to exterior facia and new Paint. Great rental income! Call for more information.
407 Cedar Ave, McAllen, TX 78501 is a 8 bedroom, 6 bathroom, 3,025 sqft multi-family built in 1970. It last sold for the $289,000 asking price on Jun 23, 2023. More recently, it was listed as a rental in January 2019 with an asking price of $195,000 per month. That rental listing was removed on February 1, 2019. It is currently off market. The Trulia Estimate rent is $1,198/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 407 Cedar Ave
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3025 Square Feet |
Appliances & Utilities Utilities: Cable AvailableAppliances: Gas Water Heater, Stove/Range-GasLaundry: None |
Heating & Cooling Has CoolingAir Conditioning: Window Unit(s) |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
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Exterior Home Features Roof: CompositionFencing: Chain Link, WoodOther Structures: Outbuilding (None), StorageFoundation: Pillar/Post/Pier |
Parking & Garage No CarportNo GarageParking: No Carport,No Garage |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: Brick, Wood SidingDoes Not Include Home Warranty |
Property Information Parcel Number: C260000001001100 |
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Price List Price: $289,000 |
Status Change & Dates Possession Timing: Closing and Funding |
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MLS Status: Sold |
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Direction & Address City: McAllenCommunity: Cedar Place |
School Information Elementary School: WilsonElementary School District: McAllen ISDJr High / Middle School: CatheyJr High / Middle School District: McAllen ISDHigh School: McAllen H.S.High School District: McAllen ISD |
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Building Area Building Area: 3025 Square Feet |
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Community Features: Sidewalks, Street LightsUnits in Building: 4 |
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No HOA |
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Lot Area: 8398.368 sqft |
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Energy Efficiency Features: Other |
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Mls Number: 401921 |
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SidewalksStreet Lights |
Last check for updates: 1 day ago
Listed by Myra Caridad GarcÃa, (956) 648-6456
Source: Greater McAllen AOR, MLS#401921
Price History for 407 Cedar Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/23/2023 | -- | Sold | Greater McAllen AOR #401921 |
| 05/16/2023 | $289,000 | Pending | Greater McAllen AOR #401921 |
| 04/18/2023 | $289,000 | PriceChange | Greater McAllen AOR #401921 |
| 01/07/2022 | $298,000 | PriceChange | Greater McAllen AOR #364117 |
| 09/09/2021 | $289,000 | Pending | Greater McAllen AOR #364117 |
| 08/19/2021 | $289,000 | Listed For Sale | Greater McAllen AOR #364117 |
| 03/15/2021 | -- | Sold | Greater McAllen AOR #528004_343963 |
| 01/19/2021 | $250,000 | Pending | Greater McAllen AOR #343963 |
| 01/09/2021 | ListingRemoved | Greater McAllen AOR | |
| 10/14/2020 | $250,000 | Listed For Sale | Agent Provided |
| 02/15/2019 | -- | Sold | Greater McAllen AOR #222566 |
| 02/01/2019 | $195,000 | ListingRemoved | Agent Provided |
| 01/04/2019 | $195,000 | Listed For Rent | Agent Provided |
Market trends in McAllen
Last updated June 2026
Avg. sale price
$259K
$20KMoM
Sale-to-List Price
96.9%
0.1%MoM
Price per sq ft
$142
$1MoM
Available listings
784
4MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,037 |
| Assessment | $359,462 |
Home facts updated by county records
Comparable Sales for 407 Cedar Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.87 | Multi-Family Home | - | 09/29/25 | 4 | 3 | 2,349 | |
1.20 | Multi-Family Home | - | 06/24/26 | 6 | 3 | 2,340 | |
1.27 | Multi-Family Home | - | 10/20/25 | 4 | 4 | 2,710 | |
1.87 | Multi-Family Home | - | 04/07/26 | 8 | 8 | 3,888 | |
1.87 | Multi-Family Home | - | 04/20/26 | 8 | 8 | 3,834 | |
1.88 | Multi-Family Home | - | 10/16/25 | 8 | 8 | 3,834 | |
1.88 | Multi-Family Home | - | 11/25/25 | 8 | 8 | 3,834 | |
1.75 | Multi-Family Home | - | 11/05/25 | 10 | 8 | 4,128 | |
1.20 | Multi-Family Home | - | 03/18/26 | 2 | 3 | 1,500 | |
0.71 | Multi-Family Home | - | 09/08/25 | - | 3,841 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 407 Cedar Ave.
What Locals Say about McAllen
At least 745 Trulia users voted on each feature.
84 % Say parking is easy
81 % Say car is needed
80 % Say it's dog friendly
78 % Say yards are well-kept
75 % Say there's holiday spirit
74 % Say there are sidewalks
68 % Say it's quiet
65 % Say people would walk alone at night
63 % Say streets are well-lit
57 % Say kids play outside
56 % Say they plan to stay for at least 5 years
43 % Say it's walkable to restaurants
43 % Say neighbors are friendly
38 % Say it's walkable to grocery stores
24 % Say there are community events
20 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 407 Cedar Ave
Off Market Homes Near 407 Cedar Ave
Listing information is deemed reliable, but not guaranteed.

