Investment opportunity featuring a fully occupied four-unit property with established rental income. Each unit offers 2 bedrooms and 1 bathroom, providing a practical layout with consistent rental income. Two of the units have had their A/C systems replaced, adding value to the property. With all four units currently leased, this property offers immediate income potential for an investor looking to expand their multifamily portfolio. Conveniently located near shopping, dining, schools, and major roadways. Don’t miss the opportunity to own an income-producing property in the Rio Grande Valley.
For sale
Price cut: $6K (10/19)
$319,999
2709 N 31st St, McAllen, TX 78501
8beds
4baths
3,348sqft
Apartment, Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$96/sqft
$-- HOA
What's special
Practical layout
- 26 days
- 404
- 26
Zillow last checked:
Listing updated:
Listed by:
Monika Regalado 956-540-0469,
Stellar Equity Real Estate Llc
Source: Greater McAllen AOR,MLS#: 514442
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
- Laundry: Laundry Room
Features
- Other
- Flooring: Other
Interior area
- Total structure area: 3,348
- Total interior livable area: 3,348 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: None
- Fencing: Other
Lot
- Size: 7,801 Square Feet
Details
- Additional structures: Outbuilding (None)
- Parcel number: D065000000001800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick, Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None, Sidewalks
- Subdivision: Daffodil Place
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $299,635
- Annual tax amount: $6,834
- Date on market: 9/24/2026
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,238/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Price change | $319,999-1.8%$96/sqft |
Source: Greater McAllen AOR #514442 Report a problem | ||
| 9/24/2026 | Listed for sale | $326,000$97/sqft |
Source: Greater McAllen AOR #514442 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,485 -4.6% | $299,635 -1.3% |
| 2024 | $5,751 -0.9% | $303,446 -0.9% |
| 2023 | $5,803 +15.6% | $306,186 +21.9% |
| 2022 | $5,022 +5.9% | $251,099 +9% |
| 2021 | $4,743 | $230,351 +14.9% |
| 2020 | -- | $200,549 -0.9% |
| 2019 | $4,158 -6.5% | $202,314 +8.2% |
| 2018 | $4,445 | $186,936 +6.8% |
| 2017 | $4,445 +24.7% | $174,974 +25.2% |
| 2016 | $3,564 +4.7% | $139,748 +6.1% |
| 2015 | $3,403 | $131,725 -0.9% |
| 2014 | $3,403 | $132,887 -0.9% |
| 2013 | -- | $134,049 -5% |
| 2012 | -- | $141,062 -1.6% |
| 2011 | -- | $143,387 -8.1% |
| 2010 | -- | $155,980 -0.8% |
| 2009 | -- | $157,270 -1.6% |
| 2008 | -- | $159,851 +4% |
| 2007 | -- | $153,717 -0.4% |
| 2006 | -- | $154,360 +8.2% |
| 2005 | -- | $142,617 +24.6% |
| 2004 | -- | $114,492 -2.8% |
| 2003 | -- | $117,824 +1.8% |
| 2002 | -- | $115,739 |
| 2001 | -- | $115,739 -0.8% |
| 2000 | -- | $116,696 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78501
Nearby schools
Schools provided by the listing agent
- Elementary: McAuliffe
- Middle: De Leon
- 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.
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