Excellent investment opportunity in the heart of McAllen! This centrally located multifamily property offers convenient access to Downtown McAllen, shopping, dining, entertainment, major roadways, and nearby employment centers. The property features two units with bonus room that is being leased. Providing an excellent opportunity for an investor looking to add an income-producing property to their portfolio. Situated in an established area with easy access to I-2/Expressway 83 and surrounding amenities. Whether you're an experienced investor or looking to expand your portfolio, this property offers great potential in a desirable central McAllen location. Schedule your showing today!
For sale
$197,500
318 N 12th St, McAllen, TX 78501
4beds
3baths
2,054sqft
Duplex, Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$96/sqft
$-- HOA
What's special
- 30 days
- 816
- 92
Zillow last checked:
Listing updated:
Listed by:
Janet L. Gomez 956-731-8878,
Magnolia Rentals, Inc.
Source: Greater McAllen AOR,MLS#: 514761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Gas Water Heater, Refrigerator, Stove/Range-Gas
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Ceiling Fan(s), Fireplace
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total structure area: 2,054
- Total interior livable area: 2,054 sqft
Property
Parking
- Total spaces: 3
- Parking features: No Carport, No Garage, Garage Faces Rear
- Carport spaces: 3
Features
- Exterior features: None
- Fencing: Chain Link
Lot
- Size: 7,000 Square Feet
- Features: Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: N540000034000800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Flat
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: North Mcallen
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $155,406
- Annual tax amount: $2,789
- Date on market: 9/9/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $197,500$96/sqft |
Source: Greater McAllen AOR #514761 Report a problem | ||
| 7/15/2025 | Listing removed | $595 |
Source: Zillow Rentals Report a problem | ||
| 6/25/2025 | Listed for rent | $595 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,946 +18.5% | $155,406 +25.1% |
| 2022 | $2,485 +10.9% | $124,275 +14.2% |
| 2021 | $2,241 | $108,854 +54% |
| 2020 | -- | $70,704 |
| 2019 | $1,453 +1.2% | $70,704 +1.7% |
| 2018 | $1,436 | $69,550 +23.1% |
| 2017 | $1,436 +11.5% | $56,505 +11.9% |
| 2016 | $1,288 +32% | $50,492 +25% |
| 2015 | $975 | $40,385 +6% |
| 2014 | $975 | $38,086 |
| 2013 | -- | $38,086 -1.7% |
| 2012 | -- | $38,727 |
| 2011 | -- | $38,727 -1.5% |
| 2010 | -- | $39,302 -1.4% |
| 2009 | -- | $39,877 -1.4% |
| 2008 | -- | $40,451 -0.2% |
| 2007 | -- | $40,536 +4.6% |
| 2006 | -- | $38,771 -1.4% |
| 2005 | -- | $39,306 +26.2% |
| 2004 | -- | $31,143 -18.1% |
| 2003 | -- | $38,024 +15% |
| 2002 | -- | $33,075 |
| 2001 | -- | $33,075 -1.5% |
| 2000 | -- | $33,575 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- Elementary: Wilson
- Middle: Travis
- High: McAllen 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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