Turn-Key Duplex with Major Upgrades – Instant Cash Flow!Stop worrying about repairs and start collecting rent. This tenant-occupied duplex is a rare find, featuring a durable metal roof (only 4 years old) and brand-new A/C units in both units. Each side offers a spacious 2-bed, 1-bath layout, perfect for long-term family tenants. With the big-ticket items already updated, this is a low-overhead, high-performance addition to any portfolio.
For sale
$220,000
531 Mar Cir, Alamo, TX 78516
4beds
2,128sqft
Single Family Residence, Residential
Built in 2016
7,004 Square Feet Lot
$216,000 Zestimate®
$103/sqft
$-- HOA
What's special
Durable metal roof
- 92 days
- 47
- 3
Zillow last checked:
Listing updated:
Listed by:
Vanessa Grimaldo 956-537-4238,
Big Realty
Source: Greater McAllen AOR,MLS#: 503580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Description: Living Area(s): 2
Living room
- Description: Living Area(s): 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Water Heater (Other Location), No Conveying Appliances
- Laundry: Laundry Room, Washer/Dryer Connection
Features
- Laminate Counters, Ceiling Fan(s), High Ceilings
- Flooring: Tile
- Windows: Double Pane Windows, Window Coverings
Interior area
- Total structure area: 2,128
- Total interior livable area: 2,128 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Exterior features: Mature Trees
- Fencing: Chain Link
Lot
- Size: 7,004 Square Feet
- Features: Curb & Gutters
Details
- Parcel number: T474502000003400
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Stucco
- Foundation: Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Tierra Bonita #2
HOA
- Has HOA: No
Location
- Region: Alamo
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $218,877
- Annual tax amount: $3,611
- Date on market: 5/29/2026
- Road surface type: Gravel
Estimated market value
$216,000
$205,000 - $227,000
$1,949/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $220,000-8.3%$103/sqft |
Source: Greater McAllen AOR #503580 Report a problem | ||
| 4/7/2026 | Listing removed | $240,000$113/sqft |
Source: Greater McAllen AOR #466964 Report a problem | ||
| 7/7/2025 | Price change | $240,000-4%$113/sqft |
Source: Greater McAllen AOR #466964 Report a problem | ||
| 4/4/2025 | Listed for sale | $250,000$117/sqft |
Source: Greater McAllen AOR #466964 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,611 +19.7% | $187,003 +20% |
| 2024 | $3,018 -0.7% | $155,836 -0.8% |
| 2023 | $3,038 +20% | $157,016 +31% |
| 2022 | $2,531 +14.8% | $119,877 +17.6% |
| 2021 | $2,205 | $101,918 +7.7% |
| 2020 | -- | $94,637 +102.4% |
| 2019 | $1,029 +18.6% | $46,768 -0.7% |
| 2018 | $868 | $47,105 +26.1% |
| 2017 | $868 +163.9% | $37,349 +166.4% |
| 2016 | $329 +133.1% | $14,019 -2% |
| 2015 | $141 | $14,299 -4% |
| 2014 | $141 | $14,895 -0.5% |
| 2013 | -- | $14,975 -0.5% |
| 2012 | -- | $15,055 -0.5% |
| 2011 | -- | $15,136 -1% |
| 2010 | -- | $15,296 -1% |
| 2009 | -- | $15,457 -1.4% |
| 2008 | -- | $15,683 +12.1% |
| 2007 | -- | $13,988 +10% |
| 2006 | -- | $12,716 -9.7% |
| 2005 | -- | $14,085 +0.8% |
| 2004 | -- | $13,972 +22.2% |
| 2003 | -- | $11,430 +25.2% |
| 2002 | -- | $9,133 +3% |
| 2001 | -- | $8,865 -14.3% |
| 2000 | -- | $10,348 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78516
Nearby schools
Schools provided by the listing agent
- Elementary: Guerra
- Middle: Audie Murphy
- High: PSJA Memorial H.S.
- District: PSJA 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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