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Pending
  • $349,900

    123 E Tearose Ave, McAllen, TX 78504

    2beds
    1,416sqft
    : 
    $2,943/mo
    Get pre-qualified
    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
    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.
    41 days
    |
    252
    |
    19
    |

    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

        $1,519/mo

        Price history

        DateEventPrice
        7/21/2026Pending sale$349,900$247/sqft
        Source: Greater McAllen AOR #507103 Report a problem
        6/15/2026Listed for sale$349,900+118.7%$247/sqft
        Source: Greater McAllen AOR #507103 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        4/7/2018Listing removed$160,000$113/sqft
        Source: Owner Report a problem
        10/22/2017Price change$160,000-5.9%$113/sqft
        Source: Owner Report a problem
        9/25/2017Listed for sale$170,000+4.3%$120/sqft
        Source: Owner Report a problem
        3/29/2017Listing removed$163,000$115/sqft
        Source: Keller Williams - Rio Grande Valley #200524 Report a problem
        3/8/2017Price change$163,000-4.1%$115/sqft
        Source: Keller Williams - Rio Grande Valley #200524 Report a problem
        11/27/2016Listed for sale$169,900$120/sqft
        Source: Keller Williams - Rio Grande Valley #200524 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78504

        Getting around

        48 / 100
        Car-Dependent
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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