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$279,900

300 W GARDENIA AVE., MCALLEN, TX, 78501

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.59 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,084 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APND0600-05-000-0038-00
Lot Number38
SubdivisionDaffodil Gardens Ut No. 5 - Sml
Land UseResidential
Legal DescriptionDAFFODIL GARDENS UT NO. 5 LOT 38
Census Tract020910
Assessed Land Value$65,556
Assessed Improvement Value$199,764
Assessment Year2025

About this property

NEW PRICE ALERT! $20K Drop - Act Fast Before It's Gone! Welcome to 300 W Gardenia Ave! This spacious home offers over 2,200 sq. ft. of living space on a 10,000+ sq. ft. lot, featuring 4 bedrooms, 2 baths, and a 2-car garage. Thoughtfully designed, this property includes ADA features such as wheelchair-accessible showers. Enjoy the convenience of a dedicated office space near the laundry area, which can also serve as a maid's corner. Outdoor living is a breeze with a large covered rear patio and a storage shed for extra space. Additional highlights include a sprinkler system and a fire detection suppression system throughout the home for added safety. Located in the heart of McAllen, this home is just minutes from schools, retail, shopping, restaurants, and walking trails. A rare find in a prime location-schedule your private tour today!

Investor Tools

$17,390,389Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,399
$265,320
2025
$65,556
$199,764
$265,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,399
$265,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Berkadia Commercial Mortgage Llc
Building Or Construction Loan
$19,903,000
No
First
Nov 1, 2019
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,390,389
N/A
0%
6278%
$119,329/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$119,329/mo
$-118,039/mo
5.6%

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.

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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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300 W GARDENIA AVE. | Property Details | No Agent List