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603 S Bicentennial Boulevard, McAllen, TX 78501

Two homes on a lot in superb location.

Property SizeContact for details
Days on Market1025

Property Features for 603 S Bicentennial Boulevard

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1970
Buildings 2
Units 2
Listing Agency: BIC Realty
Listed By: Richard Garza · License #233354
Source: Crexi
Added: Nov 11, 2023 Changed: Aug 22 Last Checked: Aug 31 at 6:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BIC Realty

Investment Insights

Based on property information with market context.

The property includes two rental homes. The front home features 3 bedrooms and 1 bathroom, while the rear home offers 2 bedrooms and 1 bathroom. The value of the property is primarily in its location. The property to the north is zoned commercial, and the property to the south is a multi-family apartment complex. Tenants are responsible for water and electric payments.

Key Highlights

  • Superb location offers significant investment potential.
  • Two rental homes provide immediate income.
  • Potential for future development due to lot value.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Nursing Home HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,460
Businesses Nearby

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two homes on a lot in superb location.
Where is this duplex located?
The property is located at 603 S Bicentennial Boulevard McAllen, TX.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Superb location offers significant investment potential.; Two rental homes provide immediate income.; Potential for future development due to lot value.
(956) 383-6295 Call to check price and availability
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