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For sale
  • Price cut: $6K (7/23)
    $179,000

    418 E Madison Ave, Harlingen, TX 78550

    --beds
    --baths
    2,048sqft
    : 
    $1,378/mo
    Get pre-qualified
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Well maintained duplexTwo income producing units
    Investment Opportunity – Fully Occupied Income Producing Duplex Discover an excellent investment opportunity at 418 E. Madison St., Harlingen, TX! This well maintained duplex features two income producing units, making it an ideal addition to any investor's portfolio or a great option for an owner occupant looking to offset mortgage costs with rental income. Conveniently located in the heart of Harlingen, the property offers easy access to downtown, shopping, dining, schools, medical facilities, and major roadways. Residents will appreciate being just minutes from local parks, the Harlingen Arts & Heritage Museum, Valley International Airport, and the city's growing retail and business districts. With strong rental potential in an established neighborhood, this duplex provides immediate cash flow and long-term investment value. Whether you're expanding your rental portfolio or purchasing your first investment property, this is an opportunity you won't want to miss.
    17 days
    |
    308
    |
    19
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bertha De La Rosa 956-434-9723,

    LEGACY REALTY GROUP RGV

    Source: RGVMLS,MLS#: 29778155MLS Logo

      Facts & features

      Interior

      Heating
      • Central, Electric
      Appliances
      • Included: 2 or More Water Heaters Per Unit, Electric Water Heater
      Interior area
      • Total structure area: 2,048
      • Total interior livable area: 2,048 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage, On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Fencing: None
      Lot
      • Size: 7,000 Square Feet
      • Features: None
      Details
      • Additional structures: None
      • Parcel number: 1500000330005000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Adobe
      • Foundation: Slab
      Condition
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Available
      Green energy
      • Energy efficient items: None

      Community & HOA

      Community
      • Subdivision: Harlingen Original Townsite
      Location
      • Region: Harlingen

      Financial & listing details

      • Price per square foot: $87/sqft
      • Tax assessed value: $140,363
      • Annual tax amount: $2,287
      • Date on market: 7/23/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/23/2026Price change$179,000-3.2%$87/sqft
        Source: RGVMLS #29778155 Report a problem
        3/28/2026Price change$185,000-2.6%$90/sqft
        Source: RGVMLS #29765326 Report a problem
        11/7/2025Price change$190,000-9.5%$93/sqft
        Source: RGVMLS #29765326 Report a problem
        7/8/2025Price change$210,000-6.7%$103/sqft
        Source: Greater McAllen AOR #470331 Report a problem
        5/19/2025Listed for sale$225,000+51%$110/sqft
        Source: Greater McAllen AOR #470331 Report a problem
        7/19/2022Sold--
        Source: RGVMLS #29733102 Report a problem
        5/5/2022Price change$149,000-11.8%$73/sqft
        Source: RGVMLS #29733102 Report a problem
        4/20/2022Price change$169,000-0.5%$83/sqft
        Source: RGVMLS #29733102 Report a problem
        4/14/2022Listed for sale$169,900+324.8%$83/sqft
        Source: RGVMLS #29733102 Report a problem
        1/20/2015Listing removed$39,999$20/sqft
        Source: Keller Williams - Lower Rio Grande Valley #52764 Report a problem
        1/7/2015Pending sale$39,999$20/sqft
        Source: Keller Williams - Lower Rio Grande Valley #52764 Report a problem
        1/7/2015Listed for sale$39,999$20/sqft
        Source: Keller Williams - Lower Rio Grande Valley #52764 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,287 +19.7%$118,081 +20%
        2024$1,911 +17.5%$98,401 +20%
        2023$1,627 -1.9%$82,001 +12.5%
        2022$1,658 $72,901 +6.7%
        2021-- $68,351
        2020-- $68,351 +3.2%
        2019$1,572 +0.4%$66,251
        2018$1,565 -0.2%$66,251
        2017$1,568 +35.5%$66,251 +35.3%
        2016$1,157 +14.1%$48,956 +8.9%
        2015$1,014 $44,972
        2014$1,014 $44,972 +6.5%
        2013-- $42,225 -10%
        2012-- $46,891 +4%
        2011-- $45,092
        2010-- $45,092 +135.7%
        2009-- $19,130
        2008-- $19,130
        2007-- $19,130 -4.4%
        2005$508 +0.6%$20,002
        2004$505 +0.7%$20,002
        2003$501 +1.6%$20,002
        2002$493 -0.1%--
        2001$494 +1.3%--
        2000$487 --
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78550

        Getting around

        73 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Travis
        • Middle: Vernon
        • High: Harlingen
        • District: Harlingen C.I.S.D.

        Source: RGVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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