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$309,000

1315 Kendlewood Ave, McAllen, TX, 78501

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,280 Sq Ft
price_per_sqft$241.41 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Microwave, Washer, Electric Water Heater, Other, Water Heater
FlooringHardwood, Tile

Exterior

Lot Size6,752 sqft

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APNM4600-00-010-0010-00
Lot Number10
SubdivisionMilmor
Land UseResidential
Legal DescriptionMILMOR LOT 10 BLK 10
Census Tract021003
Assessed Land Value$72,563
Assessed Improvement Value$85,959
Assessment Year2025

About this property

Charming historic home with a detached casita in the heart of Old Town McAllen. The main residence features 3 bedrooms & 1 bathroom with original hardwood floors, abundant natural light, and thoughtful updates that complement the home’s original character. The fully furnished detached casita is a standout feature, offering its own living area, dining area, bedroom, kitchen, and full bathroom. Completely separate from the main home, it provides a private and functional second living space ideal for guests, extended family, or additional living quarters. Enjoy a spacious backyard with plenty of room for entertaining and relaxing, all just minutes from Downtown McAllen restaurants, shopping, entertainment, and local hotspots. A unique opportunity for buyers searching for a historic home for sale in McAllen TX, McAllen home with a detached casita, guest house in McAllen, multi-generational home, or Rio Grande Valley real estate. Your opportunity to own 2 income producing properties.

Investor Tools

$96,840Estimated Mortgage Balance
$209,726Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

Interested in this property?

Carina Veale

Veale Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,157
$158,522
2025
$72,563
$85,959
$158,522
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,157
$158,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Stand Alone Second / Subordinate Position
$97,120
No
First
Feb 2, 2026
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,840
$239,160
71%
32%
$583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
$583/mo
+$587/mo
4.6%

City: McAllen