27,136 SqFt
27,136 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 27,136 sqft
Subdivision W. H. Graner #2
MLS Listing ID 487276
HOA Y/N No
Year Built 1994
Annual Tax Amount $41,397
Tax Year 2025
Lot Size 1.749 Acres
Acres 1.7493
Property Sub-Type Apartment
Source Greater McAllen
Property Description
Premier investment opportunity in the center of McAllen. This well-maintained 32-unit, two-story apartment community offers durable full-brick construction and paved covered parking encircling the property for added convenience and longevity. Each residence features a desirable 2-bedroom, 1-bathroom layout, consistently attracting long-term tenants and supporting strong operational performance. Currently 97% occupied, the asset reflects exceptional rental demand and a proven history of minimal vacancy. Its prime location places residents minutes from McAllen's major retail corridors, entertainment districts, medical facilities, and key employment hubs further enhancing stability and future appreciation potential. With opportunities for rent optimization or interior value-add improvements, this property presents a compelling addition to a growing multifamily portfolio in one of South Texas' most resilient markets.
Location
State TX
County Hidalgo
Community Curbs, Sidewalks
Rooms
Other Rooms Outbuilding (None), Storage
Interior
Interior Features Ceiling Fan(s), Decorative/High Ceilings
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Water Heater (Other Location), Refrigerator, Stove/Range-Electric Coil
Laundry None
Exterior
Exterior Feature None, Sprinkler System
Carport Spaces 64
Fence None
Community Features Curbs, Sidewalks
View Y/N No
Roof Type Shingle
Total Parking Spaces 64
Garage No
Building
Lot Description Curb & Gutters, Professional Landscaping, Sidewalks, Sprinkler System
Faces From 23rd and Hibiscus heading north. Turn left(west) onto Hibiscus. Complex will be to the left hand side. No FOR SALE sign. Paseo Del Sol Apartment Complex. Property is south of Nolana.
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Mcauliffe
Middle Schools De Leon
High Schools Mcallen H.S.
Others
Tax ID G700002000001500
Security Features Smoke Detector(s)
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "