For sale

$675,000

502 N 15th St, McAllen, TX 78501

8beds

5baths

4,008sqft

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Multi Family

Built in 1973

-- sqft lot

$-- Zestimate^®

$168/sqft

$-- HOA

What's special

Renovated 5 unit apartment complex in Historic Palm District!! On the corner of 15th St. and Ebony in prime downtown location of McAllen!! The Seller has invested in many upgrades and improvements including but not limited to electrical, exterior stucco refinish and paint, new a/c mini splits on each apartment. Water/Trash included in the rent. There is a potential to raise rents in all units. Rent roll available.

390 days

89

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5

Heating

Has Heating (Unspecified Type)

Cooling

Electric

Appliances

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

Features

Other
Flooring: Hardwood, Tile

Interior area

Total structure area: 4,008
Total interior livable area: 4,008 sqft

Property

Parking

Parking features: No Garage, Garage Faces Side

Features

Patio & porch: Covered Patio
Exterior features: None
Fencing: Partial,Wood

Lot

Size: 10,497 Square Feet
Features: Alley, Corner Lot, Mature Trees, Sidewalks

Details

Additional structures: Outbuilding (None)
Parcel number: N540000021001100

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Foundation: Pillar/Post/Pier
Roof: Composition,Metal

Condition

Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: None

Community & HOA

Community

Features: None
Subdivision: North Mcallen

HOA

Has HOA: No

Location

Region: Mcallen

Financial & listing details

Price per square foot: $168/sqft
Tax assessed value: $337,132
Annual tax amount: $7,954
Date on market: 6/18/2025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,027/mo

Price history

Date	Event	Price
6/18/2025	Listed for sale	$675,000+200%$168/sqft
Source: Greater McAllen AOR #474025 Report a problem
4/30/2019	Sold	--
Source: Greater McAllen AOR #309295 Report a problem
1/26/2019	Listed for sale	$225,000-18.2%$56/sqft
Source: Century 21 Muniz Realty #309295 Report a problem
10/1/2018	Listing removed	$275,000$69/sqft
Source: RE/MAX HACIENDA #218403 Report a problem
3/16/2018	Listed for sale	$275,000$69/sqft
Source: RE/MAX Hacienda #218403 Report a problem
6/11/1998	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,172 +8.3%	$337,132 +12.1%
2024	$5,701 +6.7%	$300,840 +6.7%
2023	$5,345 +8.4%	$282,000 +14.4%
2022	$4,931 +15.2%	$246,541 +18.6%
2021	$4,280	$207,869 -2.9%
2020	--	$214,051 +11.2%
2019	$3,956 -18.1%	$192,480 +3.3%
2018	$4,828	$186,315 -2%
2017	$4,828 +35.2%	$190,052 +35.7%
2016	$3,571 +13.3%	$140,024 +4%
2015	$3,153	$134,637 +9.4%
2014	$3,153	$123,115 +63.8%
2013	--	$75,161 +15.5%
2012	--	$65,050 -1.4%
2011	--	$65,992 -10.2%
2010	--	$73,519 -2.9%
2009	--	$75,747 -4.2%
2008	--	$79,088 +1.1%
2007	--	$78,234 +3.1%
2006	--	$75,902 -2.7%
2005	--	$77,976 +29.1%
2004	--	$60,381 -14%
2003	--	$70,215 +10.2%
2002	--	$63,708
2001	--	$63,708 -2.5%
2000	--	$65,322

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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: Downtown

Getting around

89 / 100

Very Walkable

59 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Wilson Elementary School
Grades: PK-5Distance: 0.3 mi
6/10
Travis Middle School
Grades: 6-8Distance: 1 mi
6/10
Mcallen High School
Grades: 9-12Distance: 1.3 mi

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.