Welcome to this income-producing property in the heart of Central McAllen! This updated 2-bedroom, 2-bathroom home is currently tenant-occupied, generating $1,900/month in rental income. The backyard features lemon and grapefruit trees. Located alongside two additional properties also available for purchase, this is a rare opportunity to expand your investment portfolio.
For sale
$175,000
408 S 21st St, McAllen, TX 78501
--beds
--baths
1,255sqft
Duplex, Multi Family
Built in 2022
-- sqft lot
$172,300 Zestimate®
$139/sqft
$-- HOA
What's special
- 46 days
- 199
- 16
Zillow last checked:
Listing updated:
Listed by:
Gerard Valdez 956-862-2052,
Trademark Real Estate Group
Source: Greater McAllen AOR,MLS#: 514075
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Other
- Laundry: Laundry Closet
Features
- Ceiling Fan(s)
- Flooring: Laminate
Interior area
- Total structure area: 1,255
- Total interior livable area: 1,255 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Patio & porch: Patio
- Exterior features: Barbecue, Mature Trees
- Fencing: None,Other
Lot
- Size: 2,500 Square Feet
- Features: Mature Trees, Sidewalks
Details
- Additional structures: Outbuilding
- Parcel number: P940000001000400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Pullin
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $127,282
- Annual tax amount: $235
- Date on market: 8/31/2026
- Road surface type: Paved
Estimated market value
$172,300
$164,000 - $181,000
$1,275/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $175,000-2.8%$139/sqft |
Source: Greater McAllen AOR #507320 Report a problem | ||
| 7/10/2026 | Price change | $180,000+9.1%$143/sqft |
Source: Greater McAllen AOR #507320 Report a problem | ||
| 6/15/2026 | Listed for sale | $165,000$131/sqft |
Source: Greater McAllen AOR #507320 Report a problem | ||
| 6/15/2026 | Listing removed | $165,000$131/sqft |
Source: Greater McAllen AOR #503498 Report a problem | ||
| 11/6/2025 | Price change | $165,000-2.9%$131/sqft |
Source: Greater McAllen AOR #470608 Report a problem | ||
| 9/22/2025 | Price change | $170,000-5.6%$135/sqft |
Source: Greater McAllen AOR #470608 Report a problem | ||
| 5/6/2025 | Listed for sale | $180,000$143/sqft |
Source: Greater McAllen AOR #470608 Report a problem | ||
| 11/23/2024 | Listing removed | $180,000$143/sqft |
Source: Greater McAllen AOR #454076 Report a problem | ||
| 11/20/2024 | Listed for sale | $180,000+8.1%$143/sqft |
Source: Greater McAllen AOR #454076 Report a problem | ||
| 7/31/2024 | Listing removed | -- |
Source: Greater McAllen AOR #432844 Report a problem | ||
| 4/3/2024 | Listed for sale | $166,500$133/sqft |
Source: Greater McAllen AOR #432844 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,940 +15.9% | $105,948 +20% |
| 2024 | $1,673 +782.8% | $88,290 +782.9% |
| 2023 | $190 -5.2% | $10,000 |
| 2022 | $200 -2.9% | $10,000 |
| 2021 | $206 | $10,000 |
| 2020 | -- | $10,000 |
| 2019 | $206 -19.1% | $10,000 |
| 2018 | $254 | $10,000 |
| 2017 | $254 -0.4% | $10,000 |
| 2016 | $255 -0.4% | $10,000 |
| 2015 | $256 | $10,000 |
| 2014 | $256 | $10,000 |
| 2013 | -- | $10,000 |
| 2012 | -- | $10,000 |
| 2011 | -- | $10,000 |
| 2010 | -- | $10,000 |
| 2009 | -- | $10,000 |
| 2008 | -- | $10,000 |
| 2007 | -- | $10,000 +128.6% |
| 2006 | -- | $4,375 |
| 2005 | -- | $4,375 |
| 2004 | -- | $4,375 |
| 2003 | -- | $4,375 +45.8% |
| 2002 | -- | $3,000 |
| 2001 | -- | $3,000 |
| 2000 | -- | $3,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Addition
Nearby schools
Schools provided by the listing agent
- Elementary: Fields
- 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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