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$165,000

3011 S L Ln Apt D, McAllen, TX, 78503

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,215 Sq Ft
price_per_sqft$135.8 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesRange, Cooktop, Microwave, Electric Water Heater, Refrigerator, Water Heater
FlooringTile

Building Information

Garage Spaces1

About this property

Welcome to this beautifully maintained 2-bedroom, 2-bath ground-floor condominium built by Breman Construction. This home features an open layout, granite countertops, custom wood cabinetry, and rectified porcelain tile throughout. The kitchen includes the refrigerator, range/oven, microwave, washer, and dryer, plus a space for a wine cooler or future dishwasher. The spacious primary suite offers dual vanities and a large walk-in closet, while the secondary bedroom also includes a walk-in closet. The attached one-car garage provides direct interior access, with additional driveway and street parking available. Enjoy direct access to the shared backyard from the rear door. Conveniently located just minutes from La Plaza Mall, restaurants, the South McAllen medical district, and approximately 15 minutes from both the Pharr and Hidalgo International Bridges.

Investor Tools

$0Estimated Mortgage Balance
$95,977Estimated 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
$1,096 /month
Positive
Cash Flow Estimate:
$365 /month

Interested in this property?

William Millan

Alliance Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
$1/month
5.947%

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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3011 S L Ln Apt D | Property Details | No Agent List