Excellent investment opportunity in Alamo, Texas! This income-producing duplex offers two well-sized units on a spacious property with great rental potential. Situated on two lots being sold together, this property provides added value and future possibilities. A recently completed survey is on file for added convenience. Conveniently located near schools, shopping, dining, and major roadways for easy commuting. The large yard offers plenty of outdoor space for tenant enjoyment, making this an attractive long-term investment. Perfect for investors looking to expand their portfolio or owner-occupants seeking additional rental income potential. Schedule your showing today!
Pending
Price cut: $15K (6/19)
$185,000
700 E Fannin Ave, Alamo, TX 78516
1beds
1baths
1,320sqft
:
Get pre-qualified$1,450/mo
Duplex, Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
Spacious propertySituated on two lotsTwo well-sized units
- 74 days |
- 33 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Glenda Pecina 956-579-2276,
Zapphire Real Estate Group
Source: Greater McAllen AOR,MLS#: 504248
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater (Other), Other
- Laundry: Laundry Area
Features
- None
- Flooring: Other
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Patio & porch: Deck/Balcony/Porch
- Exterior features: Mature Trees
- Fencing: None
Lot
- Size: 0.33 Acres
- Features: Curb & Gutters, Mature Trees
Details
- Additional structures: Outbuilding (None)
- Parcel number: A210000081001200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Other
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: Alamo Townsite
HOA
- Has HOA: No
Location
- Region: Alamo
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $214,966
- Annual tax amount: $4,581
- Date on market: 5/13/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$782/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $185,000$140/sqft |
Source: Greater McAllen AOR #504248 Report a problem | ||
| 6/19/2026 | Price change | $185,000-7.5%$140/sqft |
Source: Greater McAllen AOR #504248 Report a problem | ||
| 6/9/2026 | Price change | $200,000-11.1%$152/sqft |
Source: Greater McAllen AOR #504248 Report a problem | ||
| 6/2/2026 | Price change | $225,000-8.2%$170/sqft |
Source: Greater McAllen AOR #504248 Report a problem | ||
| 5/13/2026 | Listed for sale | $245,000$186/sqft |
Source: Greater McAllen AOR #504248 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,582 +21.5% | $179,748 +20% |
| 2024 | $3,770 +2.1% | $149,790 +1.1% |
| 2023 | $3,694 +39.8% | $148,194 +49.6% |
| 2022 | $2,643 +12.9% | $99,030 +15.1% |
| 2021 | $2,341 | $86,065 0% |
| 2020 | -- | $86,093 +4.3% |
| 2019 | $2,276 +16.1% | $82,558 -0.1% |
| 2018 | $1,961 | $82,615 +20.3% |
| 2017 | $1,961 +6.5% | $68,679 +8.2% |
| 2016 | $1,840 +9.3% | $63,472 +0.6% |
| 2015 | $1,684 | $63,078 +36.1% |
| 2010 | -- | $46,347 +5.6% |
| 2007 | -- | $43,874 +6.1% |
| 2006 | -- | $41,362 -0.9% |
| 2005 | -- | $41,734 -1.8% |
| 2004 | -- | $42,492 -2% |
| 2003 | -- | $43,345 +9.7% |
| 2002 | -- | $39,528 +3% |
| 2001 | -- | $38,374 |
| 2000 | -- | $38,374 |
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: 78516
Nearby schools
GreatSchools rating
- 6/10John McKeever Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Jesus - Jesse - Vela Jr MiddleGrades: 6-8Distance: 1.2 mi
- 4/10PSJA Memorial High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: McKeever
- Middle: Vela
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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