USATXMcallenViolet Terrace408 E Ulex Ave
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408 E Ulex Ave, McAllen, TX

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,275,000

000

MLS® 485865

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 10376 sqft
Garage No
Taxes $21,188
Days Active 68
Lot Size 0.5974 acres
Approx. Age 2000
Avg. Price Per Sqft $122
MLS® Number 485865

Property Address: 408 E Ulex Ave, McAllen, TX, 78504-2478

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in the heart of McAllen! This well-maintained 12-plex located at 408 Ulex Ave is the perfect addition to any investor’s portfolio. Each unit offers comfortable living spaces and is designed for easy maintenance and consistent rental income. The property is located in a high-demand rental area, close to shopping centers, schools, restaurants, and major roadways—making it ideal for long-term tenants. The complex features a solid rental history and water is included, simplifying management and reducing tenant turnover. With McAllen’s growing rental market and strong economic stability, this property offers the potential for excellent cash flow and appreciation. Whether you’re a seasoned investor or just starting out, this 12-unit property presents a rare opportunity to own a multi-family complex in one of the Valley’s most desirable areas.
MLS® Number485865
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.5974
Exterior
GarageNo
Approx. Age2000
Basement
DrivewayGarage Faces Side
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2025List Date
$1,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
408 E Ulex Ave, McAllen, TX

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