4901 Buddy Owens Boulevard, McAllen, TX 78504
COMMERCIAL - McAllen, TX
- Added:
- Oct 29, 2025
- Days on Market:
- 226
- Last Refresh:
- Jun 11 at 7:06 am
Property Features for 4901 Buddy Owens Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 28
- Appliances
- Electric Water Heater, Tankless Water Heater
- Standard status
- Active
- APN
- 281768
- Size
- 7,931 SF
- Lot size
- 8.70 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8385
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Building materials
- Block, Stucco, Wood Siding
- Roof type
- Flat, Metal
Listing agent Jalyssa Garza (956) 655-2191
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Oct 29, 2025
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 8.7 Acres of Land with Dual Frontage on High‑Growth Corridor
- Income‑Producing Asset with Multifamily and Commercial Tenants
- Redevelopment Potential for Multifamily, Mixed‑Use, or Commercial Projects
- Centrally Located Near Retail, Schools, and City Infrastructure
- High‑Traffic Access and Visibility
- Limited Land Inventory in a Fast‑Expanding Area
Overview
The address is 4901 Buddy Owens Boulevard in McAllen, Texas, and the property is described as having dual frontage on Buddy Owens Boulevard and Taylor Road. That access and frontage placement supports day-to-day visibility and approachability for both residential and office uses.
For buyers seeking an income-producing asset, the combination of residential units and occupied office space can provide diversified rental coverage within one land package. The presence of three connecting parcels may also appeal to operators and developers who want a consolidated site for managing existing income units and coordinating any future repositioning plans on the same holdings. No matter the direction, the current structure provides immediate tenants in place alongside an acreage footprint designed for continued use and potential reconfiguration.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $166.6k | $21.00 |
| − Vacancy | −$25.0k | −$3.15 |
| EGI | $141.6k | $17.85 |
| − OpEx | −$35.4k | −$4.46 |
| NOI | $106.2k | $13.39 |
Alternative Uses
Current Use by Public Records
Map
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.268507
- Latitude
- 26.249618
