Off market

Tax assessed value

$359,462

407 Cedar Ave, McAllen, TX 78501

8beds

6baths

3,025sqft

Quadruplex, Multi Family

Built in 1970

-- sqft lot

$-- Zestimate^®

$119/sqft

$1,198 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,198/mo

Zestimate^® history

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$1,198/mo

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$2,623/mo

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$2,623/mo

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What's special

Front parkingNew paintNew mini-split ac units

Located just off 2nd street and close proximity to business 83. This is a great multi-family investment opportunity. Tenants have front parking and large back yard space. Laundry Facility on Site generating additional revenue. Recently remodeled upstairs unit #4, Unit #2, and Unit #1. Recent Updates to the entire property and building include installation of two new Mini-split AC units, repairs to exterior facia and new Paint. Great rental income! Call for more information.

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6

Cooling

Window Unit(s)

Appliances

Included: Gas Water Heater, Stove/Range-Gas
Laundry: None

Features

Ceiling Fan(s)
Flooring: Tile

Interior area

Total structure area: 3,025
Total interior livable area: 3,025 sqft

Property

Parking

Parking features: No Carport, No Garage

Features

Fencing: Chain Link,Wood

Lot

Size: 8,398 sqft
Features: Curb & Gutters

Details

Additional structures: Outbuilding (None), Storage
Parcel number: C260000001001100

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Brick, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Green energy

Energy efficient items: Other

Community & neighborhood

Community

Community features: Sidewalks, Street Lights

Location

Region: Mcallen
Subdivision: Cedar Place

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
6/23/2023	Sold	--
Source: Greater McAllen AOR #401921 Report a problem
5/16/2023	Pending sale	$289,000$96/sqft
Source: Greater McAllen AOR #401921 Report a problem
4/18/2023	Price change	$289,000-3%$96/sqft
Source: Greater McAllen AOR #401921 Report a problem
1/7/2022	Price change	$298,000+3.1%$99/sqft
Source: Greater McAllen AOR #364117 Report a problem
9/9/2021	Pending sale	$289,000$96/sqft
Source: Greater McAllen AOR #364117 Report a problem
8/19/2021	Listed for sale	$289,000+15.6%$96/sqft
Source: Greater McAllen AOR #364117 Report a problem
3/15/2021	Sold	--
Source: Greater McAllen AOR #528004_343963 Report a problem
1/19/2021	Pending sale	$250,000$83/sqft
Source: Greater McAllen AOR #343963 Report a problem
1/9/2021	Listing removed	--
Source: Greater McAllen AOR Report a problem
10/14/2020	Listed for sale	$250,000$83/sqft
Source: Key Realty #343963 Report a problem
2/15/2019	Sold	--
Source: Greater McAllen AOR #222566 Report a problem
2/1/2019	Listing removed	$195,000$64/sqft
Source: Keller Williams Realty Rio Grande Valley #222566 Report a problem
1/4/2019	Listed for rent	$195,000$64/sqft
Source: Keller Williams Realty Rio Grande Valley #222566 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,037 +15.9%	$329,762 +20%
2024	$5,208 +20%	$274,802 -0.9%
2023	$4,341 -3.1%	$277,401 +23.8%
2022	$4,482 +25.5%	$224,121 +29.3%
2021	$3,570	$173,395 -1%
2020	--	$175,148 -1%
2019	$3,638 -11.8%	$176,975 +14%
2018	$4,125	$155,305 -4.3%
2017	$4,125 +40.7%	$162,363 +48.7%
2016	$2,932 +102.8%	$109,173 +36.1%
2015	$1,446	$80,216 +12.2%
2014	$1,446	$71,502 -2.5%
2013	--	$73,370 +3.8%
2012	--	$70,651 -2.6%
2011	--	$72,518 -1.3%
2010	--	$73,455 -2.5%
2009	--	$75,314 -2.4%
2008	--	$77,174 +97.2%
2006	--	$39,126 -1.9%
2005	--	$39,869 +310.2%
2004	--	$9,719 -22.6%
2003	--	$12,557 -64.2%
2002	--	$35,101
2001	--	$35,101 -1.7%
2000	--	$35,725

Find assessor info on the county website

Neighborhood: 78501

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Nearby schools

GreatSchools rating

3/10
Wilson Elementary School
Grades: PK-5Distance: 0.7 mi
6/10
Travis Middle School
Grades: 6-8Distance: 0.7 mi
6/10
Mcallen High School
Grades: 9-12Distance: 1.8 mi

Schools provided by the listing agent

Elementary: Wilson
Middle: Cathey
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.