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$345,000

Beds
4
Baths
3.0
sq ft
2,059

806 Walnut Ave, Mcallen, TX 78501

806 Walnut Ave

McAllen, TX 78501

  • 12 days on market
Home with back cottage with its own bath, kitchen, closet and bedroom area already leased at $670 completely private with its access thru alley. Purchase as home buyer and use back rent to help with mortgage or purchase as investment, historically the home has leased at an average of $1850 a month. Home was remodeled years ago with new kitchen, baths and includes new flooring, AC and Water heaters. The home comes with appliances and a large patio with citrus fruit. Kitchen with custom island and granite tops. Unique chandeliers and lighting in formal living and dining areas, as well as framed mirrors. Large bedrooms and closets, two gorgeous full baths one with tub and one shower. Kitchen includes stainless steel appliances stove, fridge and dishwasher. Washer and dryer room also includes appliances. Great McAllen ISD schools. Additional bonus room for office, storage. Large covered patio and sun room. Plenty of back patio with alley access. 2 electric meters and 1 water meter.

Details

Property type

Single Family Residence

Est. home value

$253,081

Lot size

0.2634 acres

Price per sq ft

$168

Year built

1978

Annual property taxes

$2,718

Price History

02/20/2025
McAllenTX

McAllenTX #461401

Price change
$345,000
+2.99%
02/20/2025
McAllenTX

McAllenTX #461401

Price change
$335,000
-5.63%
02/11/2025
McAllenTX

McAllenTX #461401

Listed
$355,000

Schools & Community

Elementary school: 

Jackson

Middle school: 

Cathey

High school: 

Memorial H.S.

Community features: 

Sidewalks, Street Lights

High school district: 

McAllen ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lone Star National Bank

Loan start date

May 2021

Original loan amount

$172,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Purchase Money Mortgage, 5 year

Seller

Heir Fund Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 3:40 AM

Listing updated: 02/20/2025 at 2:25 PM

Listed by: Irene Uribe Manrique de Lara, Texas Landmark Realty Llc Phone #: (956) 492-5638

MLS: McAllenTX #461401

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