ATTENTION ALL INVESTORS!! A 4-unit apartment complex is available now and 3 are LEASED! Each unit features 3 bedrooms, 2.5-bathroom, featuring granite countertops and stainless steel appliances, with a washer and dryer included for your convenience. Ideally situated near hospitals, the airport, restaurants, gyms, and shopping, this property is a fantastic opportunity. Don’t miss out on this exceptional four-unit multi-family investment located in a prime area of McAllen, Texas!
Sold
Price Unknown
1201 E Olympia Ave, McAllen, TX 78503
12beds
--baths
5,618sqft
Quadruplex, Multi Family
Built in 2020
-- sqft lot
$-- Zestimate®
$--/sqft
$1,232 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,232/mo
Zestimate® history
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$1,232/mo
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List your homeWhat's special
Stainless steel appliancesGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Yadira M. Velarde 956-578-3340,
Mary Lou Henry Real Estate
Source: Greater McAllen AOR,MLS#: 466379
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Oven-Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Laundry: Laundry Room, Washer/Dryer Connection
Features
- Built-in Features, Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
- Flooring: Laminate, Porcelain Tile
Interior area
- Total structure area: 5,618
- Total interior livable area: 5,618 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: None
- Fencing: Wood
Lot
- Size: 9,801 Square Feet
- Features: Corner Lot
Details
- Additional structures: Outbuilding (None)
- Parcel number: L314900002005200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Other
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Las Canadas
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Tax assessed value: $585,525
- Annual tax amount: $11,427
- Date on market: 9/19/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2025 | Sold | -- |
Source: Greater McAllen AOR #466379 Report a problem | ||
| 5/27/2025 | Pending sale | $615,000$109/sqft |
Source: Greater McAllen AOR #466379 Report a problem | ||
| 3/29/2025 | Listed for sale | $615,000$109/sqft |
Source: Greater McAllen AOR #466379 Report a problem | ||
| 2/23/2020 | Listing removed | $1,250 |
Source: RENT NOW RGV Report a problem | ||
| 11/25/2019 | Listed for rent | $1,250 |
Source: RENT NOW RGV Report a problem | ||
| 6/11/2018 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,181 +0.4% | $585,525 +0.7% |
| 2024 | $11,133 +4.1% | $581,525 +4% |
| 2023 | $10,694 +5.4% | $559,159 +15% |
| 2022 | $10,149 +10.5% | $486,225 +13.3% |
| 2021 | $9,182 | $429,318 -0.1% |
| 2020 | -- | $429,726 +832.6% |
| 2019 | $1,002 -21.6% | $46,080 |
| 2018 | $1,279 | $46,080 |
| 2017 | $1,279 -20.6% | $46,080 -20% |
| 2016 | $1,610 +1.4% | $57,600 |
| 2015 | $1,587 | $57,600 |
| 2014 | $1,587 | $57,600 +20% |
| 2013 | -- | $48,000 |
| 2012 | -- | $48,000 |
| 2011 | -- | $48,000 |
| 2010 | -- | $48,000 |
| 2009 | -- | $48,000 |
| 2008 | -- | $48,000 |
Find assessor info on the county website
Neighborhood: 78503
Nearby homes
- $--3 bd3 ba6.2k sqft1201 E Olympia Ave #1, McAllen, TX 78503Off Market
- $--3 bd3 ba1.5k sqft1201 E Olympia Ave #2, McAllen, TX 78503Off Market
- $--3 bd3 ba1.5k sqft1201 E Olympia Ave #3, McAllen, TX 78503Off Market
- $1,3002 bd3 ba1.1k sqft1205 E Olympia Ave APT 2, McAllen, TX 78503For Rent
- $1,3002 bd3 ba1.1k sqft1205 E Olympia Ave APT 3, McAllen, TX 78503For Rent
- $193,2002 bd3 ba1.5k sqft1205 E Olympia Ave APT 1, McAllen, TX 78503Off Market
- $148,4002 bd2 ba1.1k sqft1205 E Olympia Ave APT 4, McAllen, TX 78503Off Market
- $465,8002 bd3 ba-- sqft1205 E Olympia Ave, McAllen, TX 78503Off Market
Nearby schools
GreatSchools rating
- 7/10Geraldine Palmer Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Kennedy Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10PSJA Southwest Early College High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Palmer
- Middle: Kennedy
- High: PSJA South West H.S.
- District: PSJA ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Hidalgo County
- McAllen
- 78503
- 1201 E Olympia Ave
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