125 E Shasta Ave, McAllen, TX, 78504

Pending

2 Beds

2 Bath

1,429 Sq Ft

Single Family Residence

$185.44 / sqft

Built in 1984

About this property

WATERFRONT-STYLE LIVING IN WATER WALK! This MOVE-IN READY 2 BEDROOM, 2 FULL BATH home is perfectly situated in the highly desirable Water Walk subdivision, offering DIRECT VIEWS OF THE COMMUNITY POOL just beyond the backyard fence. This charming home features timeless SALTILLO TILE flooring, a durable CLAY TILE ROOF, and a spacious GAZEBO, perfect for relaxing or entertaining. Ideal as a full-time residence, vacation home, or investment property. Water Walk is a unique community inspired by a concept developed by acclaimed filmmaker and McAllen native Catherine Hardwicke. Residents enjoy a SCENIC ONE-ACRE LAKE, TWO SPARKLING SWIMMING POOLS, TENNIS COURTS, and beautifully maintained grounds. Conveniently located near shopping, dining, medical facilities, and major roadways. Experience the RESORT-STYLE atmosphere of Water Walk, where every day feels like a vacation. Relax by the pools, stroll around the scenic lake, in this one-of-a-kind community.

Investor Tools

$0Estimated Mortgage Balance

$3,541Estimated Equity

100% equity

Estimated Cap Rate

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$392/month

No HOA

5.947%

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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