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Days36Days on Market
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$264,900

3405 Walnut Ave, McAllen, TX, 78501

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,613 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.23 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Other
FlooringTile

Exterior

Lot Size6,207 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNW6650-00-000-0023-00
Lot Number23
SubdivisionWindow Rock Estates - Sml
Land UseResidential
Legal DescriptionWINDOW ROCK ESTATES LOT 23
Census Tract020731
Assessed Land Value$72,323
Assessed Improvement Value$155,779
Assessment Year2025

About this property

Located in the heart of McAllen, this well-maintained home is situated in an established neighborhood next to Nikki Rowe High School and just minutes from The Shops at Nolana, downtown McAllen, hospitals, the convention center, and the airport. Built in 1998, the property offers 1,413 sq. ft. of living space plus an additional 200 sq. ft. insulated office with a mini-split A/C system, perfect for working from home, a studio, or extra flex space. The home features a traditional red brick exterior with mature trees, tray ceilings, tile flooring throughout, spacious bedrooms, and a clean, move-in-ready interior. Outside, you’ll find an extended concrete slab as an entertaining space, along with an 80 sq. ft. storage shed. Located within McAllen ISD and with no HOA, this property offers comfort, convenience, and easy access to everything McAllen has to offer.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$0Estimated Mortgage Balance
$262,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,589 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,946
$186,554
2025
$72,323
$155,779
$228,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,946
$186,554

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$219,000
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
5.4%

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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