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Listed price in listed location currency (USD).
$3,200,000

0064

MLS® 487276

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 27136 sqft
Garage No
HOA Fees $22,718
Taxes $41,397
Days Active 18
Approx. Age 1994
Avg. Price Per Sqft $117
MLS® Number 487276

Property Address: 2501 Hibiscus Ave, Mcallen, TX, 78501-1648

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

Description

Welcome to Paseo Del Sol apartment complex! Premier investment opportunity in the center of McAllen. This well-maintained 32-unit, two-story apartment community offers durable full-brick construction and paved covered parking encircling the property for added convenience and longevity. Each residence features a desirable 2-bedroom, 1-bathroom layout, consistently attracting long-term tenants and supporting strong operational performance. Currently 97% occupied, the asset reflects exceptional rental demand and a proven history of minimal vacancy. Its prime location places residents minutes from McAllen’s major retail corridors, entertainment districts, medical facilities, and key employment hubs further enhancing stability and future appreciation potential. With opportunities for rent optimization or interior value-add improvements, this property presents a compelling addition to a growing multifamily portfolio in one of South Texas’ most resilient markets.
MLS® Number487276
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1994
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 19, 2025List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
2501 Hibiscus Ave, Mcallen, TX

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