Welcome to Water Walk, one of McAllen's most sought after communities. This beautifully renovated 2-bedroom, 2 bath residence offers the perfect blend of luxury, privacy and low maintenance living. Step inside to soaring vaulted ceilings, exposed wood beams, designer lighting, and an open concept floor plan filed with natural light.The custom kitchen is truly the heart of the home, featuring quartz countertops and oversized island, farmhouse sink, stainless steel appliance, custom cabinetry extending to the ceiling and abundant storage throughout. The spacious living area showcases a stunning fireplace, built in shelving and seamless access to private covered courtyard. The primary suite offers a bathroom with double vanities, custom cabinetry and oversized walk-in-shower. Amenities including a community swimming pool and tennis courts. High end finishes, plantation shutters and updated flooring create a move in ready experience rarely found in this community.
Pending
$349,900
123 E Tearose Ave, McAllen, TX 78504
2beds
1,416sqft
Single Family Residence, Residential
Built in 1992
5,266 Square Feet Lot
$337,100 Zestimate®
$247/sqft
$212/mo HOA
What's special
Stunning fireplaceHigh end finishesTennis courtsUpdated flooringQuartz countertopsFarmhouse sinkSoaring vaulted ceilings
- 87 days
- 37
- 0
Zillow last checked:
Listing updated:
Listed by:
Jessica Castillo 956-975-6820,
Ursa Real Estate
Source: Greater McAllen AOR,MLS#: 507103
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Description: Living Area(s): 1
Living room
- Description: Living Area(s): 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric, Gas
Appliances
- Included: Electric Water Heater, Water Heater (In Garage), Microwave, Refrigerator, Stove/Range-Gas, Wine Cooler
- Laundry: Laundry Room, Washer/Dryer Connection
Features
- Countertops (Quartz), Built-in Features, Ceiling Fan(s), High Ceilings, Fireplace, Walk-In Closet(s)
- Flooring: Tile
- Windows: Plantation Shutters
- Has fireplace: Yes
Interior area
- Total structure area: 1,416
- Total interior livable area: 1,416 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Garage Faces Side
- Attached garage spaces: 2
Features
- Patio & porch: Covered Patio, Patio, Patio Slab
- Exterior features: Rain Gutters
- Pool features: Other
- Fencing: Wood
Lot
- Size: 5,266 Square Feet
- Features: Curb & Gutters
Details
- Parcel number: W145002000005800
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Stucco
- Foundation: Slab
- Roof: Clay Tile,Flat
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Pool, Tennis Available, Tennis Privileges
- Security: Smoke Detector(s)
- Subdivision: Water Walk Phase 2
HOA
- Has HOA: Yes
- HOA fee: $212 monthly
- HOA name: Magnolia Property Management
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $315,000
- Annual tax amount: $4,242
- Date on market: 6/15/2026
- Road surface type: Paved
Estimated market value
$337,100
$320,000 - $354,000
$1,597/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Pending sale | $349,900$247/sqft |
Source: Greater McAllen AOR #507103 Report a problem | ||
| 6/15/2026 | Listed for sale | $349,900+118.7%$247/sqft |
Source: Greater McAllen AOR #507103 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/7/2018 | Listing removed | $160,000$113/sqft |
Source: Owner Report a problem | ||
| 10/22/2017 | Price change | $160,000-5.9%$113/sqft |
Source: Owner Report a problem | ||
| 9/25/2017 | Listed for sale | $170,000+4.3%$120/sqft |
Source: Owner Report a problem | ||
| 3/29/2017 | Listing removed | $163,000$115/sqft |
Source: Keller Williams - Rio Grande Valley #200524 Report a problem | ||
| 3/8/2017 | Price change | $163,000-4.1%$115/sqft |
Source: Keller Williams - Rio Grande Valley #200524 Report a problem | ||
| 11/27/2016 | Listed for sale | $169,900$120/sqft |
Source: Keller Williams - Rio Grande Valley #200524 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,459 -11.7% | $315,000 -1.3% |
| 2024 | $5,052 +63.6% | $319,309 +47.9% |
| 2023 | $3,088 -11.4% | $215,887 +10% |
| 2022 | $3,487 +2.9% | $196,261 +10% |
| 2021 | $3,390 | $178,419 +4.7% |
| 2020 | -- | $170,379 -4.6% |
| 2019 | $3,670 +2.6% | $178,540 +1% |
| 2018 | $3,576 | $176,716 -0.6% |
| 2017 | $3,576 +69.7% | $177,795 -1.2% |
| 2016 | $2,108 -5.4% | $179,954 -0.6% |
| 2015 | $2,229 | $181,034 -1.2% |
| 2014 | $2,229 | $183,192 -0.6% |
| 2013 | -- | $184,271 -0.6% |
| 2012 | -- | $185,323 +4.6% |
| 2011 | -- | $177,221 +10% |
| 2010 | -- | $161,110 +10% |
| 2009 | -- | $146,464 +6.6% |
| 2008 | -- | $137,375 +10% |
| 2007 | -- | $124,886 +5.9% |
| 2006 | -- | $117,906 +14.2% |
| 2005 | -- | $103,212 |
| 2004 | -- | $103,212 -1.9% |
| 2003 | -- | $105,210 -10.8% |
| 2002 | -- | $117,914 |
| 2001 | -- | $117,914 +9.2% |
| 2000 | -- | $107,945 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78504
Nearby schools
Schools provided by the listing agent
- Elementary: Gonzalez
- Middle: Cathey
- High: Memorial H.S.
- District: McAllen 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.
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