Last 24 Hours
$266,366
NAL Estimated Property Value2300 N 32nd St, MCALLEN, TX, 78501
Off Market
Commercial
2 Beds
1 Bath
5,400 Sq Ft
Multi Family
$31.3 / sqft
Built in 1982Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Heating Central
CoolingExterior
Lot Size10,498 sqft
Building Information
Year Built1982
Stories2
Roof Type105
Land Information
APNL1320-00-000-0073-00
Lot Number73
SubdivisionLa Lomita Estates - Sml
Land UseCommercial
Legal DescriptionLA LOMITA ESTATES LOT 73
Census Tract020731
Assessed Land Value$130,200
Assessed Improvement Value$235,162
Assessment Year2025
About this property
Eight unit apartment complex located in a very popular rental area in west McAllen. This foreclosure property is priced to sell quickly. Six units are currently rented. Two units need some repairs. The roof needs to be replaced. With some TLC this property will cash flow very well for your investor clients.
Investor Tools
$266,366
Estimated Property Value
$77,965Estimated Mortgage Balance
$188,401Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,598 /month
Positive
Cash Flow Estimate:
$533 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,207
$266,366
2025
$130,200
$235,162
$365,362
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,207
$266,366
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Land Grabber Llc
Purchase Money Mortgage
$90,000
No
First
Jul 25, 2019
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,965
$188,401
70%
29%
$540/mo
12.4%