1101 Lark Ave McAllen, TX 78504
- Small apartment buildings
Current Use by Public Records
- Computel Consultants / Business Management Consultant
Property Details for 1101 Lark Ave
- Year built
- 2002
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a well-maintained duplex located at 1101 Lark Avenue in McAllen, Texas, 78504. Built in 2002, this property sits on a generous 15,390 square foot lot and comprises a single building housing two units. Each unit boasts three bedrooms and two bathrooms, providing a combined living space exceeding 3,500 square feet. The property's strategic location in North McAllen, conveniently situated near 10th Street, offers easy access to local amenities and benefits from strong rental demand, making it an ideal choice for investors seeking passive income generation. The asking price for this multifamily property is $344,900. This duplex represents a compelling investment prospect in a thriving Texas market, promising both immediate returns and significant long-term growth potential. The property's size and layout offer flexibility for various investment strategies, making it an attractive option for both seasoned investors and those new to the real estate market. The substantial lot size also presents potential for future expansion or development, further enhancing its investment appeal. This is a turnkey opportunity to acquire a high-performing asset in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2221741
- Latitude
- 26.2604004
