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Days157Days on Market
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$365,000

2020 Cedar Ave, McAllen, TX, 78501

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths2,289 Sq Ft
price_per_sqft$159.46 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Cooktop, Dryer, Microwave, Refrigerator, Washer, Water Heater
FlooringTile

Exterior

Exterior FeaturesNone
Lot Size7,000 sqft

Building Information

Year Built1972
Stories1
Roof Type105

Land Information

APNH0900-00-018-0011-00
Lot Number11
SubdivisionHammond Addition - Sml
Land UseResidential
Legal DescriptionHAMMOND ADDITION LOT 11 BLK 18
Census Tract020729
Assessed Land Value$66,150
Assessed Improvement Value$58,660
Assessment Year2025

About this property

Brand-New Investment Opportunity in the Heart of Downtown McAllen! This newly constructed duplex is minutes from the McAllen Courthouse, Expressway, shopping, and dining. Each unit offers two bedrooms and two full bathrooms, with a modern open layout and all appliances included. The property is fully fenced for added privacy and security. Take Advantage of this House Hack Opportunity: This Duplex Qualifies for Traditional FHA Loan, which means you can live in one unit while renting the other to help offset your mortgage payment. Investors can also ask about DSCR and other financing options, making it easier for investors to qualify based on the property’s income potential, rather than personal income. Whether you’re growing your portfolio or looking to live in one unit while renting the other, this location and quality speak for themselves. Book your showing today!

Investor Tools

$23,692Estimated Mortgage Balance
$99,027Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Brenda Blanco

CapStone Realty PLLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,934
$122,462
2025
$66,150
$58,660
$124,810
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,934
$122,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Enben South Texas Ii Ltd
Seller Carryback / Seller Financing / Seller Take-Back
$34,400
No
First
Sep 19, 2012
Sep 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,692
$98,770
80%
19%
$207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$900/mo
$207/mo
+$693/mo
8.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McAllen

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2020 Cedar Ave | Property Details | No Agent List