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806 W Walnut Avenue, McAllen, TX 78501

McAllen
Local realty services provided by:CENTURY 21 Johnston Company
806 W Walnut Avenue,McAllen, TX 78501
$307,500
  • - Beds
  • - Baths
  • 2,059 sq. ft.
  • Multi-family
  • Active
Listed by: luz del alba munoz dagdug
Office: properties rent now rgv llc
MLS#:500156
Source:TX_GMAR

Price summary

  • Price:$307,500
  • Price per sq. ft.:$149.34

About this home

Income-producing duplex-style property with detached studio apartment and private alley access. Studio includes kitchen, closet, and sleeping area, leased at $680/month. Main residence has averaged $1,850/month, offering strong cash flow potential. Ideal for investors or owner-occupants seeking rental income. Two electric meters, one water meter. Recently remodeled with updated kitchen and baths, newer flooring, A/C, water heaters, and fixtures. Main home features granite countertops, custom island, stainless steel appliances, formal living/dining with upgraded lighting, spacious bedrooms, and two full baths. Additional bonus room plus sunroom, washer/dryer area, and large covered patio with citrus trees. Alley access enhances tenant privacy. Located in McAllen ISD. Owner occupued DPA program available with approx. $2,000 down for qualified buyers (600+ credit), free application. Or investors 20% down.

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Home facts

  • Year built:1978
  • Listing ID #:500156
  • Added:63 day(s) ago
  • Updated:May 28, 2026 at 02:43 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Dishwasher, Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
  • Bedroom Description:Walk-In Closet(s)
  • Living area:2,059 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Other HVAC
  • Heating:Central, Other HVAC
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:2,059 sq. ft.
  • Lot Features:Alley, Sidewalks, Sprinkler System
  • Construction Materials:Brick, Siding
  • Exterior Features:Alley, Covered Patio, Mature Trees, Sidewalks, Sprinkler System
  • Foundation Description:Slab

Schools

  • High school:Memorial H.S.
  • Middle school:Cathey
  • Elementary school:Jackson

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$307,500
  • Price per sq. ft.:$149.34
  • Tax amount:$3,766

Features and amenities

  • Appliances:Refrigerator, Stove/Range-Electric Coil, Washer
  • Laundry features:Dryer, Laundry Room, Washer, Washer/Dryer Connection
  • Amenities:Cable Available, Decorative/High Ceilings, Dishwasher, Mature Trees, Sidewalks, Sprinkler System, Street Lights

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:2

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