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$3,200

113 Pelican Ave, McAllen, TX, 78504

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size11,252 sqft

Building Information

Year Built1991
Stories2
Roof Type105
Garage Spaces2

Land Information

APNN6730-00-000-0003-00
Lot Number3
SubdivisionNorth Ridge Park - Sml
Land UseResidential
Legal DescriptionNORTH RIDGE PARK LOT 3
Census Tract023535
Assessed Land Value$124,875
Assessed Improvement Value$339,416
Assessment Year2025

About this property

Perfectly positioned in one of McAllen’s most desirable locations, just minutes from hospitals, vibrant entertainment, premier shopping, and everything the city has to offer, this spacious home is designed for both comfort and possibility. At the heart of the home, you’ll find an expansive kitchen featuring a generous island — the perfect gathering space for hosting friends, celebrating milestones, or enjoying everyday moments. The layout offers unmatched flexibility to create a media room, home office, playroom, or additional lounge space — the options are endless. A formal living area and separate dining room provide the perfect setting for holidays and special occasions, while the versatile loft adds even more functional space to fit your lifestyle, and the primary suite is on the first floor. If you’re looking for space, location, and opportunity all in one, this one delivers. More than a home — it’s a place to grow, gather, and create lasting memories in the heart of McAllen.

Investor Tools

$14,156Estimated Mortgage Balance
$502,971Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

Interested in this property?

Mariposa Realty RGV INC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,356
$463,979
2025
$124,875
$339,416
$464,291
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,356
$463,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Balloon
$140,000
No
First
Feb 6, 1998
Mar 2005

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,156
$505,844
97%
3%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$840/mo
+$640/mo
3.5%

City: McAllen

113 Pelican Ave | Property Details | No Agent List