Investor alert!! This 8 unit multi family property is located just down the street from 10th st and La Plaza Mall. La Plaza Mall is the premier shopping destination in the Rio Grande Valley and features over 1,300,000 square feet of upscale and mainstream retail space. All of the units are 2 bedroom 2 bath, and have been extensively remodeled with new windows, door hardware, cabinets, counter tops, tile, recessed lighting, trim, and ceiling fans throughout. Don't miss this opportunity to purchase a property with an outstanding location and great income potential! Seller financing available!
For sale
$700,000
712 Toronto Ave, McAllen, TX 78503
2beds
7,440sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
New windowsRecessed lightingCeiling fans throughoutExtensively remodeled
- 73 days
- 78
- 11
Zillow last checked:
Listing updated:
Listed by:
Ryan McDaniel 956-299-2111,
Effective Real Estate
Source: SPIBOR,MLS#: 106431
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Refrigerator, Stove, Other
- Laundry: Washer/Dryer Hook-up
Features
- Ceiling Fan(s), Other
- Flooring: Tile
Interior area
- Total structure area: 7,440
- Total interior livable area: 7,440 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony, Other
- Fencing: Fenced
Lot
- Size: 435 Square Feet
- Features: Other, Less than 1 Acre
Details
- Parcel number: L17150200B000200
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Other
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1985
Community & HOA
Community
- Features: None
- Subdivision: Other
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $47,500
- Annual tax amount: $10,032
- Date on market: 6/19/2026
- Listing terms: Cash,Conventional,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
$1,012/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $700,000-20.5%$94/sqft |
Source:  RGVMLS #29777297 Report a problem | ||
| 8/12/2025 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
| 3/15/2025 | Listing removed | $880,000$118/sqft |
Source: RGVMLS #29761880 Report a problem | ||
| 1/4/2025 | Listed for sale | $880,000$118/sqft |
Source: RGVMLS #29761880 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $900 -11.8% | $47,500 -7% |
| 2022 | $1,021 +63.1% | $51,058 +68% |
| 2021 | $626 | $30,399 |
| 2020 | -- | $30,399 |
| 2019 | $625 -20.8% | $30,399 -2.1% |
| 2018 | $789 | $31,049 |
| 2017 | $789 -0.4% | $31,049 |
| 2016 | $792 -1.4% | $31,049 +0.2% |
| 2015 | $804 | $30,984 -1.2% |
| 2014 | $804 | $31,373 -2.4% |
| 2013 | -- | $32,152 -0.4% |
| 2012 | -- | $32,282 -3.5% |
| 2011 | -- | $33,450 -1.1% |
| 2010 | -- | $33,839 -2.3% |
| 2009 | -- | $34,618 -1.1% |
| 2008 | -- | $35,008 +4.4% |
| 2007 | -- | $33,538 +20.8% |
| 2006 | -- | $27,761 -2.6% |
| 2005 | -- | $28,515 |
| 2004 | -- | $28,515 +2.6% |
| 2003 | -- | $27,801 +48.3% |
| 2002 | -- | $18,742 |
| 2001 | -- | $18,742 -20.2% |
| 2000 | -- | $23,488 |
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: 78503
Nearby schools
Schools provided by the listing agent
- District: McAllen ISD
Source: SPIBOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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