Now Available for Purchase: Fully Occupied 8-Plex in McAllen, TX! Located in a thriving area known for its economic growth and vibrant community, the property benefits from its proximity to local amenities, including shopping centers, restaurants, parks, and educational institutions, making it an attractive option for tenants and a strategic asset for investors. The property has been meticulously managed by the same owner for over a decade and their "pride of ownership" is readily apparent. The 2-story property features eight units, each offering approximately 700 square feet of living space with 2 bedrooms and 1 bathroom. It is a rarity to have a vacancy. The property's competitive pricing, combined with McAllen's steady rental market, positions this complex as a solid investment with potential for cash flow and capital appreciation. Financial details, including rental income, operating expenses, and net operating income, are available upon request to interested investors.
Sold
Price Unknown
2201 N 32nd St, McAllen, TX 78501
2beds
1baths
5,546sqft
Apartment, Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$--/sqft
$607 Estimated rent
Home value
Not available
Estimated sales range
Not available
$607/mo
Zestimate® history
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Educational institutionsShopping centers
Zillow last checked:
Listing updated:
Source: Greater McAllen AOR,MLS#: 428931
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Water Heater (Other Location), Refrigerator, Stove/Range-Electric Coil
- Laundry: Laundry Closet, Washer/Dryer Connection
Features
- Flooring: Tile
Interior area
- Total structure area: 5,546
- Total interior livable area: 5,546 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Patio & porch: Covered Patio, Patio Slab
- Exterior features: Mature Trees
- Fencing: Decorative Metal
Lot
- Size: 0.42 Acres
- Features: Corner Lot, Irregular Lot, Mature Trees, Professional Landscaping, Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: L132000000011500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: La Lomita Estates
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Tax assessed value: $559,348
- Annual tax amount: $11,723
- Date on market: 9/19/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2024 | Sold | -- |
Source: Greater McAllen AOR #428931 Report a problem | ||
| 3/14/2024 | Pending sale | $550,000$99/sqft |
Source: Greater McAllen AOR #428931 Report a problem | ||
| 2/22/2024 | Listed for sale | $550,000+41%$99/sqft |
Source: Greater McAllen AOR #428931 Report a problem | ||
| 10/23/2019 | Listing removed | $390,000$70/sqft |
Source: CHRE - Cindy Hopkins Real Estate #313256 Report a problem | ||
| 3/29/2019 | Listed for sale | $390,000+25.8%$70/sqft |
Source: CHRE - Cindy Hopkins Real Estate #313256 Report a problem | ||
| 1/31/2009 | Listing removed | $310,000$56/sqft |
Source: XDeadline.com Inc #118883 Report a problem | ||
| 9/14/2008 | Listed for sale | $310,000$56/sqft |
Source: XDeadline.com Inc #118883 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,176 -1.9% | $559,348 +13.3% |
| 2024 | $9,354 -1% | $493,574 -0.9% |
| 2023 | $9,445 +23.2% | $498,288 +30% |
| 2022 | $7,664 +20.9% | $383,196 +24.5% |
| 2021 | $6,337 | $307,775 -0.8% |
| 2020 | -- | $310,402 -0.1% |
| 2019 | $6,387 -12.7% | $310,720 +6.6% |
| 2018 | $7,315 | $291,531 +1.3% |
| 2017 | $7,315 +5.3% | $287,929 +5.7% |
| 2016 | $6,945 +8.9% | $272,298 +2.1% |
| 2015 | $6,376 | $266,632 +7.1% |
| 2014 | $6,376 | $248,960 +0.2% |
| 2013 | -- | $248,547 -0.9% |
| 2012 | -- | $250,864 -0.9% |
| 2011 | -- | $253,180 -2.1% |
| 2010 | -- | $258,708 -0.1% |
| 2009 | -- | $258,839 -8.9% |
| 2008 | -- | $284,023 +4.4% |
| 2007 | -- | $272,089 +7% |
| 2006 | -- | $254,334 -0.9% |
| 2005 | -- | $256,550 +0.4% |
| 2004 | -- | $255,453 +39.8% |
| 2003 | -- | $182,748 +1.8% |
| 2002 | -- | $179,562 |
| 2001 | -- | $179,562 -19% |
| 2000 | -- | $221,661 |
Find assessor info on the county website
Neighborhood: 78501
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Seguin Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10De Leon Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Rowe High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Adame
- Middle: A.C. Blunt
- High: Agua Dulce 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.
- Texas
- Hidalgo County
- McAllen
- 78501
- 2201 N 32nd St
