For sale

$385,000

2904 Highland Ave, McAllen, TX 78501

6beds

4baths

3,384sqft

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Quadruplex, Multi Family

Built in 2000

-- sqft lot

$-- Zestimate^®

$114/sqft

$-- HOA

What's special

Investment Opportunity in the Heart of McAllen! Well-maintained 4-plex located at 2904 Highland Ave offering strong rental potential and a proven steady rental history. All four units are currently leased, providing immediate and consistent cash flow from day one—a true turnkey investment opportunity. Each unit is individually metered for electricity, while the property operates on a single water meter averaging approximately $150/month, helping keep operating expenses low. Built in 2000 with an effective year built of 2010, this property has been consistently maintained, supporting long-term tenant retention and overall condition. Ideally situated near Rowe High School with convenient access to major roadways, shopping, and dining. This centrally located multifamily asset is perfect for investors seeking stable, income-producing property in a high-demand rental market.

128 days

66

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Electric Water Heater, Refrigerator, Stove/Range
Laundry: None

Features

Ceiling Fan(s)
Flooring: Tile
Windows: Double Pane Windows

Interior area

Total structure area: 3,384
Total interior livable area: 3,384 sqft

Property

Parking

Total spaces: 4
Parking features: Detached, No Garage, Other Garage or Carport
Carport spaces: 4

Features

Patio & porch: Deck
Fencing: Wood

Lot

Size: 8,250 Square Feet
Features: Curb & Gutters, Sidewalks

Details

Additional structures: Outbuilding (None)
Parcel number: L132000000009100

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Brick
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 2000

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Attic Fans

Community & HOA

Community

Features: Curbs, Sidewalks, Street Lights
Security: Smoke Detector(s)
Subdivision: La Lomita Estates

HOA

Has HOA: No

Location

Region: Mcallen

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $280,000
Annual tax amount: $5,126
Date on market: 3/17/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,379/mo

Price history

Date	Event	Price
3/17/2026	Listed for sale	$385,000+8.5%$114/sqft
Source: Greater McAllen AOR #498364 Report a problem
3/30/2022	Sold	--
Source: Greater McAllen AOR #366480 Report a problem
3/5/2022	Pending sale	$355,000$105/sqft
Source: Greater McAllen AOR #366480 Report a problem
2/16/2022	Price change	$355,000+12.7%$105/sqft
Source: Greater McAllen AOR #366480 Report a problem
12/28/2021	Pending sale	$315,000$93/sqft
Source: Greater McAllen AOR #366480 Report a problem
10/11/2021	Price change	$315,000-6%$93/sqft
Source: Greater McAllen AOR #366480 Report a problem
9/25/2021	Listed for sale	$335,000$99/sqft
Source: Greater McAllen AOR #366480 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,126 -5%	$280,000 -1.7%
2024	$5,396 -9.4%	$284,739 -9.4%
2023	$5,955 +39.3%	$314,196 +33.3%
2022	$4,275 +9.9%	$235,682 +16.2%
2021	$3,891	$202,753 -0.9%
2020	--	$204,640 -0.9%
2019	$3,957 -18%	$206,527 +6.8%
2018	$4,827	$193,384 +1.8%
2017	$4,827 +29.3%	$189,998 +29.8%
2016	$3,732 +3.9%	$146,330 +6.2%
2015	$3,591	$137,840 -1.7%
2014	$3,591	$140,190 -0.8%
2013	--	$141,365 -0.8%
2012	--	$142,541 -0.8%
2011	--	$143,716 -8.3%
2010	--	$156,740 -0.8%
2009	--	$158,047 -0.8%
2008	--	$159,351 +4.4%
2007	--	$152,620 +5.1%
2006	--	$145,191 -0.8%
2005	--	$146,410 +21.9%
2004	--	$120,069 -2.4%
2003	--	$123,021 +2.8%
2002	--	$119,721
2001	--	$119,721 -0.8%
2000	--	$120,688

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

44 / 100

Car-Dependent

42 / 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: 1.1 mi
6/10
Rowe High School
Grades: 9-12Distance: 0.7 mi

Schools provided by the listing agent

Elementary: Seguin
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.