505 N 12th St

For Sale

505 N 12th St, Mcallen, TX 78501

This Mcallen property for sale is located at 505 N 12th St. The current listed sale price for 505 N 12th St is $298,000. 505 N 12th St is situated on a lot that is 0.32 acre in size.

Contacts

broker
Marsha Acosta, Broker Associate

Rio Grande Valley

Property Details

  • Property Type Multi-Family
  • Property Size 3,841 SF
  • Units 4
  • Lot Size 0.32 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1976
  • Date Updated Jun 26, 2025
Prime investment opportunity in McAllen's centrally located Historic District! This fully occupied multi-tenant property features four apartments with long-term tenants, providing steady income from day one. Situated on a 1/3 acre with three buildings, each offering yard space, the property has potential for rent increases with some TLC. Enjoy quick access to major highways, public transportation, McAllen Miller International Airport and McAllen's vibrant downtown, known for its shopping, dining, and entertainment. Just steps from the nostalgic Casa de Palmas Hotel, Archer Park, the popular food truck park, and the annual McAllen Art Crawl, this property offers both charm and growth potential. Don’t miss this opportunity!Prime investment opportunity in McAllen's centrally located Historic District! This fully occupied multi-tenant property features four apartments with long-term tenants, providing steady income from day one. Situated on a 1/3 acre with three buildings, each offering yard space, the property has potential for rent increases with some TLC. Enjoy quick access to major highways, public transportation, and McAllen's vibrant downtown, known for its shopping, dining, and entertainment. Just steps from the nostalgic Casa de Palmas Hotel, Archer Park, the popular food truck park, and the annual McAllen Art Crawl, this property offers both charm and growth potential. Don’t miss this opportunity!
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Highlights

  • Excellent location near McAllen’s vibrant downtown, well-established neighborhood and historic district
  • Fully occupied fourplex with long-term tenants — income-producing from day one
  • Located in a stable community with consistent rental demand
  • Quick access to major roads and public transportation — ideal for tenants
  • Three separate buildings on a 1/3-acre lot with dedicated yard space for each unit
  • TLC needed, but strong value-add potential with room for rent increases
  • Walking distance to Archer Park and its popular food truck park

Getting around

  • 89/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mcallen, TX
  • Neighborhood McAllen
  • Zip Code 78501
  • Market McAllen

Points of Interest

  • H-E-B Fuel

    1.26 miles

  • 76

    1.35 miles

  • Valero

    1.44 miles

  • Exxon

    1.63 miles

  • Sunoco

    1.81 miles

  • Tesla Supercharger

    1.87 miles

  • Costco Gasoline

    1.97 miles

  • Car Rental Lot

    1.92 miles

  • 5

    4.38 miles

  • 1

    4.46 miles

  • 6

    4.46 miles

  • 3

    4.54 miles

  • 2

    4.55 miles

  • Visitor Bus Parking

    6.19 miles

  • E8

    7.45 miles

  • B1

    7.51 miles

  • E39

    7.56 miles

  • Casa De Palmas, Trademark Collection by Wyndham

    0.29 miles

  • La Quinta Inn & Suites McAllen La Plaza Mall

    1.05 miles

  • Super 8 by Wyndham McAllen/Downtown/La Plaza Mall

    1.21 miles

  • Clarion Inn near McAllen Airport

    1.22 miles

  • Days Inn by Wyndham McAllen

    1.26 miles

  • Comfort Suites at Plaza Mall

    1.26 miles

  • Residence Inn McAllen

    1.26 miles

  • Motel 6 Mcallen, TX

    1.27 miles

  • Drury Inn & Suites McAllen

    1.31 miles

  • Hilton Garden Inn McAllen Airport

    1.42 miles

  • Ross

    0.90 miles

  • dd's Discounts

    0.93 miles

  • H-E-B

    1.36 miles

  • La Plaza Mall

    1.59 miles

  • Macy's

    1.61 miles

  • Burlington

    1.62 miles

  • Dillard's

    1.66 miles

  • JCPenney

    1.75 miles

  • Bealls

    1.83 miles

  • Marshalls

    1.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Marsha Acosta, Broker Associate

Rio Grande Valley

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