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$199,000

2516 Wesleyan Avenue, McAllen, TX, 78504

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About this property

Rare opportunity to own one of the limited homesites in the exclusive, gated Falcons Cove Reserves, a boutique community consisting of only 10 luxury homes. Whether you're looking to purchase a premium lot to build your future home or explore a fully custom home designed to fit your vision, this property offers exceptional flexibility. Buyers may purchase the lot on its own or choose to collaborate with MKAD Custom Home Builders, known for quality craftsmanship, innovative design, and personalized service, to create a one-of-a-kind custom residence. Ideally located in the heart of McAllen, this private community offers convenient access to shopping, dining, hospitals, and top-rated schools while maintaining the exclusivity and charm of a boutique luxury neighborhood. Contact the listing agent for additional information on the lot and available custom home options.

Investor Tools

$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Ana Famitafreshi

The Firm Real Estate Co. LLC

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Financing Details

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

City: McAllen