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$645,974

NAL Estimated Property Value

1320 E HIBISCUS AVE, MCALLEN, TX, 78504

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,216 Sq Ft
price_per_sqft$129.27 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater

Exterior

Lot Size10,250 sqft

Building Information

Year Built2023
Roof Type105

Land Information

APNP3758-00-000-0007-00
Lot Number7
SubdivisionPark Terrace - Spa
Land UseVacant Land
Legal DescriptionPARK TERRACE LOT 7
Census Tract020910
Assessed Land Value$138,375
Assessed Improvement Value$507,599
Assessment Year2025

About this property

Turnkey 4-Plex in Prime McAllen Location - Fully Leased! Excellent investment opportunity in the heart of McAllen, TX. This fully occupied 4-plex is cash-flowing from day one and sits in the highly desirable Park Terrace subdivision - just one block south of Nolana off Jackson. The property features two 2 bed / 2 bath units and two 3 bed / 2 bath units, offering a solid unit mix for steady rental demand. Each unit includes a full appliance package: refrigerator, stove, microwave, dishwasher, washer, and dryer. Located just 4 minutes from Doctor's Hospital at Renaissance and Expressway 281, with quick access to major shopping, dining, and entertainment. Whether you're building your portfolio or planning to live in one unit while leasing the others, this is a smart, income-producing asset in a high-demand area.

Investor Tools

Property Icon
$645,974
Estimated Property Value
$400,875Estimated Mortgage Balance
$245,099Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,876 /month
Positive
Cash Flow Estimate:
$1,292 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,463
$645,974
2025
$138,375
$507,599
$645,974
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,463
$645,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$405,000
No
First
Sep 19, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,875
$245,099
37%
62%
$2,429/mo

City: MCALLEN

1320 E HIBISCUS AVE | Property Details | No Agent List