For sale

Price cut: $10.6K (6/11)

$339,333

2412 N 31st Ln, McAllen, TX 78501

8beds

4baths

3,348sqft

$2,670/mo

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Quadruplex, Multi Family

Built in 2006

-- sqft lot

$-- Zestimate^®

$101/sqft

$-- HOA

What's special

GREAT INVESTMENT OPPORTUNITY! Discover this prime investment opportunity in the heart of McAllen, Texas. This well- maintained four-plex is ideally located near major public city buildings, schools, shopping centers, medical offices, and grocery stores! Only 2 minutes away from Ware Rd. and Pecan Blvd., centrally located it offers easy access to all the amenities McAllen has to offer. Each unit features an open-concept living area design, and and a kitchen with plenty of cabinets, an L- shaped island for ample space and entertainment. Parking is available for up to 8 vehicles, and all individual unit HVAC machines have been replaced and routinely maintained. Don't miss out on this opportunity, properties like this rarely hit the market, and this is your chance! Whether you're seeking a stable rental income or long-term growth, this is a can't-miss chance. ALL OFFERS WILL BE CONSIDERED.

157 days

364

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
Laundry: Laundry Closet, Washer/Dryer Connection

Features

Flooring: Tile

Interior area

Total structure area: 3,348
Total interior livable area: 3,348 sqft

Property

Parking

Parking features: No Carport, No Garage

Features

Exterior features: Mature Trees, None
Fencing: Chain Link,Partial

Lot

Size: 0.28 Acres
Features: Curb & Gutters, Sidewalks

Details

Additional structures: Outbuilding (None)
Parcel number: L132000000008000

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Brick
Foundation: Pillar/Post/Pier
Roof: Shingle

Condition

Year built: 2006

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: None, Other

Community & HOA

Community

Features: Curbs, Sidewalks
Subdivision: La Lomita Estates

HOA

Has HOA: Yes
HOA name: N/A

Location

Region: Mcallen

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $371,519
Annual tax amount: $6,472
Date on market: 2/17/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,118/mo

Price history

Date	Event	Price
6/11/2026	Price change	$339,333-3%$101/sqft
Source: Greater McAllen AOR #495043 Report a problem
4/19/2026	Price change	$349,900-5.4%$105/sqft
Source: Greater McAllen AOR #495043 Report a problem
3/12/2026	Price change	$370,000-2.6%$111/sqft
Source: Greater McAllen AOR #495043 Report a problem
2/17/2026	Listed for sale	$380,000$114/sqft
Source: Greater McAllen AOR #495043 Report a problem
2/13/2026	Listing removed	$380,000$114/sqft
Source: Greater McAllen AOR #482496 Report a problem
12/3/2025	Price change	$380,000-2.6%$114/sqft
Source: Greater McAllen AOR #482496 Report a problem
10/6/2025	Listed for sale	$390,000$116/sqft
Source: Greater McAllen AOR #482496 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,163 +15.9%	$282,000 +20%
2024	$4,453 0%	$235,000
2023	$4,454 +4.1%	$235,000 +9.8%
2022	$4,280 +4.5%	$214,000 +7.5%
2021	$4,098	$199,000 +0.3%
2020	--	$198,500 +1.8%
2019	$4,008 -12.9%	$195,000 +6.5%
2018	$4,600	$183,157 +1.1%
2017	$4,600 +22.2%	$181,078 +22.7%
2016	$3,764 +0.4%	$147,572 +1.6%
2015	$3,750	$145,240 -0.8%
2014	$3,750	$146,402 -0.8%
2013	--	$147,564 -0.8%
2012	--	$148,727 -0.8%
2011	--	$149,889 -8.4%
2010	--	$163,673 +2.6%
2009	--	$159,571
2008	--	$159,571 +4.6%
2007	--	$152,509 +514%
2006	--	$24,840
2005	--	$24,840
2004	--	$24,840
2003	--	$24,840 -10.5%
2002	--	$27,768
2001	--	$27,768
2000	--	$27,768

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 78501

Getting around

39 / 100

Car-Dependent

38 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

9/10
Seguin Elementary School
Grades: PK-5Distance: 0.2 mi
6/10
De Leon Middle School
Grades: 6-8Distance: 1.2 mi
6/10
Rowe High School
Grades: 9-12Distance: 0.6 mi

Schools provided by the listing agent

Elementary: Seguin
Middle: Cathey
High: Rowe 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.