Pending

Price cut: $19K (5/4)

$191,000

601 Hibiscus Ave APT 1, McAllen, TX 78501

2beds

1,685sqft

$1,688/mo

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Condominium, Residential

Built in 1980

-- sqft lot

$182,600 Zestimate^®

$113/sqft

$160/mo HOA

What's special

Beautiful landscapingAmple storage spaceGenerously sized bedrooms

Located in the heart of McAllen, this 2-bedroom, 2-bath unit is nestled within a peaceful, well-established community, featuring beautiful landscaping and convenient access to the pool and patio area. The unit boasts a spacious living area, generously sized bedrooms, and washer/dryer hookups. A standout feature is the detached 2-car garage, which is the only dedicated 2 car garage in the complex. The garage is fully enclosed with a garage door, and offers ample storage space. The current owners have updated the electrical breaker box and water heater. Additionally, water, sewer, and trash services are included in the monthly HOA fees.

144 days

15

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Dining room

Description: Living Area(s): 1

Living room

Description: Living Area(s): 2

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater, Water Heater (Laundry Room), Dishwasher, Microwave, Refrigerator, Stove/Range-Electric Coil
Laundry: Laundry Closet, Washer/Dryer Connection

Features

Laminate Counters, Ceiling Fan(s)
Flooring: Vinyl
Windows: Mini Blinds

Interior area

Total structure area: 1,685
Total interior livable area: 1,685 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, No Carport, Garage Door Opener
Garage spaces: 2

Features

Patio & porch: Patio
Has private pool: Yes
Pool features: In Ground, Fenced, Outdoor Pool
Fencing: None

Lot

Size: 4,939 Square Feet
Features: Professional Landscaping, Sidewalks

Details

Parcel number: C600003001000100

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Residential

Materials

Brick
Foundation: Slab
Roof: Shingle

Condition

Year built: 1980

Utilities & green energy

Sewer: Public Sewer

Green energy

Energy efficient items: Thermostat

Community & HOA

Community

Features: Pool, Sidewalks
Security: Smoke Detector(s)
Subdivision: Cobotel Terrace No. 3

HOA

Has HOA: Yes
HOA fee: $160 monthly
HOA name: Cobotel Terrace 3

Location

Region: Mcallen

Financial & listing details

Price per square foot: $113/sqft
Tax assessed value: $184,000
Annual tax amount: $3,788
Date on market: 3/2/2026
Road surface type: Paved

Estimated market value

$182,600

$173,000 - $192,000

$1,834/mo

Price history

Date	Event	Price
6/12/2026	Pending sale	$191,000$113/sqft
Source: Greater McAllen AOR #496646 Report a problem
5/4/2026	Price change	$191,000-9%$113/sqft
Source: Greater McAllen AOR #496646 Report a problem
3/2/2026	Listed for sale	$210,000+91.1%$125/sqft
Source: Greater McAllen AOR #496646 Report a problem
11/16/2018	Sold	--
Source: Agent Provided Report a problem
8/28/2018	Price change	$109,900-4.4%$65/sqft
Source: RE/MAX elite #301079 Report a problem
8/1/2018	Listed for sale	$114,900$68/sqft
Source: RE/MAX elite #301079 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,041 +15.9%	$166,103 +20%
2024	$2,623 +6.5%	$138,419 -14%
2023	$2,464 -1.4%	$160,943 +28.8%
2022	$2,499 +15.3%	$124,938 +18.7%
2021	$2,168	$105,279 -7.3%
2020	--	$113,566 +7.9%
2019	$2,164 +14.8%	$105,270 +25.2%
2018	$1,884	$84,086 -1.7%
2017	$1,884 -1.4%	$85,531 -0.8%
2016	$1,911 +3.4%	$86,254 +9.1%
2015	$1,849	$79,025
2014	$1,849	$79,025
2013	--	$79,025
2012	--	$79,025 +2.5%
2011	--	$77,128
2010	--	$77,128 -0.9%
2009	--	$77,852 -1.8%
2008	--	$79,297 +4.9%
2007	--	$75,604 +0.3%
2006	--	$75,384 -0.9%
2005	--	$76,054
2004	--	$76,054 -2.6%
2003	--	$78,062 +15.2%
2002	--	$67,757
2001	--	$67,757
2000	--	$67,757

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 78501

Getting around

76 / 100

Very Walkable

75 / 100

Very Bikeable

Nearby schools

GreatSchools rating

8/10
Milam Elementary School
Grades: PK-5Distance: 0.6 mi
8/10
Cathey Middle School
Grades: 6-8Distance: 1.2 mi
6/10
Memorial High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Milam
Middle: Cathey
High: Memorial 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.