$1,130,000 7,632 SF

1108 Fern Ave, McAllen, TX 78501
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The property is a 12-unit multi-family investment building located in central McAllen, Texas, in Hidalgo County (ZIP 78501), at the intersection area of 10th and Fern behind BMW. The site covers 0.2882 acres. Each unit is configured with one bedroom and one bathroom, and the building includes an on-site laundry facility. The total combined living area is 7,632 square feet. The location provides walkable access to nearby commercial and dining amenities, including H-E-B.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?

$10k

Tax billed · 2022

Assessed value · 2023$509k

Assessed land$127k

Assessed improvement$382k

Effective rate2.00%

Value estimate

· Nov 2026

$410k

$369k – $451k

AI approach$410k

NOI build-up

Gross scheduled income$124k

Vacancy & credit loss−$8k

Operating expenses−$52k

NOI · 5.61% cap applied$63k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

5.61%

$63k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionHIDALGO

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service11.4

Electrical Service11.1

Kitchen & Bath10.5

1108 Fern Ave McAllen, TX 78501

County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

12 properties nearby

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.

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