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Days34Days on Market
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$82,000

2204 Fir Ave, McAllen, TX, 78501

$85,185 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths882 Sq Ft
Year BuiltBuilt in 1972

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size7,000 sqft

Building Information

Year Built1972
Stories1
Roof Type105

Land Information

APNH0900-00-005-0026-00
Lot Number26
SubdivisionHammond Addition - Sml
Land UseResidential
Legal DescriptionHAMMOND ADDITION LOT 26 BLK 5
Census Tract020729
Assessed Land Value$66,150
Assessed Improvement Value$51,897
Assessment Year2025

About this property

Prime opportunity in McAllen! Build your dream home or explore the investment potential of this residential lot located in an established and growing area. Conveniently situated near schools, shopping, dining, and major roadways. Surrounded by residential and nearby multi-family development, with a property across the street currently utilized for multi-family use. A great opportunity for buyers, builders, or investors looking to secure land in McAllen—don’t miss it! Buyer to independently verify zoning, restrictions, utilities, and permitted uses with the City of McAllen.

Investor Tools

$0Estimated Mortgage Balance
$122,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$85,184
Rent-to-Value Ratio: 0.72%
Rent Estimate
$732 /month
Positive
Cash Flow Estimate:
$244 /month

Interested in this property?

SANETI Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,812
$118,047
2025
$66,150
$51,897
$118,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,812
$118,047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$147,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
N/A
+$1,170/mo
11.5%

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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2204 Fir Ave | Property Details | No Agent List