For sale

Price cut: $4K (6/23)

$295,000

806 W Walnut Ave, McAllen, TX 78501

4beds

3baths

2,059sqft

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Duplex, Multi Family

Built in 1978

-- sqft lot

$283,100 Zestimate^®

$143/sqft

$-- HOA

What's special

Private alley accessStainless steel appliancesNewer flooringAdditional bonus roomSpacious bedroomsGranite countertopsUpdated kitchen and baths

Income-producing duplex-style property with detached studio apartment and private alley access. Studio includes kitchen, closet, and sleeping area, leased at $680/month. Main residence has averaged $1,850/month, offering strong cash flow potential. Ideal for investors or owner-occupants seeking rental income. Two electric meters, one water meter. Recently remodeled with updated kitchen and baths, newer flooring, A/C, water heaters, and fixtures. Main home features granite countertops, custom island, stainless steel appliances, formal living/dining with upgraded lighting, spacious bedrooms, and two full baths. Additional bonus room plus sunroom, washer/dryer area, and large covered patio with citrus trees. Alley access enhances tenant privacy. Located in McAllen ISD. Owner occupued DPA program available with approx. $2,000 down for qualified buyers (600+ credit), free application. Or investors 20% down.

110 days

362

34

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

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

Features

Built-in Features, Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
Flooring: Tile

Interior area

Total structure area: 2,059
Total interior livable area: 2,059 sqft

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Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Patio & porch: Covered Patio, Patio, Screened
Exterior features: Mature Trees, Sprinkler System
Fencing: Privacy,Wood

Lot

Size: 0.26 Acres
Features: Alley, Sidewalks, Sprinkler System

Details

Additional structures: Outbuilding (None)
Parcel number: H295000002000601

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Brick, Siding
Foundation: Slab
Roof: Shingle

Condition

Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Green energy

Energy efficient items: None

Community & HOA

Community

Features: Sidewalks, Street Lights
Subdivision: Highland Center

HOA

Has HOA: No

Location

Region: Mcallen

Financial & listing details

Price per square foot: $143/sqft
Annual tax amount: $3,766
Date on market: 3/26/2026
Road surface type: Paved

Estimated market value

$283,100

$269,000 - $297,000

$1,273/mo

Price history

Date	Event	Price
6/23/2026	Price change	$295,000-1.3%$143/sqft
Source: Greater McAllen AOR #500156 Report a problem
6/17/2026	Price change	$299,000-2.8%$145/sqft
Source: Greater McAllen AOR #500156 Report a problem
5/28/2026	Price change	$307,500-2.5%$149/sqft
Source: Greater McAllen AOR #500156 Report a problem
5/13/2026	Price change	$315,500-2.9%$153/sqft
Source: Greater McAllen AOR #500156 Report a problem
4/8/2026	Price change	$325,000-11%$158/sqft
Source: Greater McAllen AOR #500156 Report a problem
3/26/2026	Listed for sale	$365,000$177/sqft
Source: Greater McAllen AOR #500156 Report a problem

Public tax history

Tax history is unavailable.

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: 78501

Getting around

86 / 100

Very Walkable

67 / 100

Bikeable

Nearby schools

GreatSchools rating

7/10
Jackson Elementary School
Grades: PK-5Distance: 0.4 mi
8/10
Cathey Middle School
Grades: 6-8Distance: 0.9 mi
6/10
Memorial High School
Grades: 9-12Distance: 1.1 mi

Schools provided by the listing agent

Elementary: Jackson
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.