806 W Walnut Ave, McAllen, TX, 78501
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1978
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick,Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Dishwasher,Refrigerator,Stove/Range-Electric Coil,Washer
- Laundry features: Laundry Room,Washer/Dryer Connection
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Built-in Features,Ceiling Fan(s),High Ceilings,Walk-In Closet(s)
- Flooring: Tile
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Air
Interior Area
- Total structure area: 2,059
- Total interior livable area: 2,059 sqft
Property
Details
- Parcel number: H295000002000601
Features
- Patio & porch: Covered Patio,Patio,Screened
- Exterior features: Mature Trees,Sprinkler System
- Fencing: Privacy,Wood
Lot
- Lot size: 0.26 Acres
- Features: Alley,Sidewalks,Sprinkler System
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2