19 UNITS Heron Avenue, Mcallen, TX 78504

$2,958,169
: 19,000
SqFt

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List Price: $2,958,169
Status: ACTIVE
MLS#: 514386
Living Area: 19,000
Lot Size (Acres): 0.1837
Year Built: 2026

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Property Description

Exceptional bulk investment opportunity: 19 brand-new condominiums in gated Sunset Valley! Each unit offers 3 bedrooms, 2 bathrooms, a private patio, stainless-steel stove, refrigerator and microwave hood, upgraded chandeliers, a pantry and dishwasher space. Portfolio offers approximately $380,000 in built-in equity and strong rental potential. Three units are leased for $1,450–$1,500 per month under 12-month leases, and two units include brand-new furniture. Tenants pay water and electricity. HOA covers trash, sprinkler service and grass trimming for accessible areas. Community amenities include courts, pickleball, playground, gated access, BBQ areas and jogging trails. Includes a 6-month builder warranty covering structural components, A/C, electrical systems and roof. Excellent opportunity for a rental portfolio, individual resale or rent-to-own program.

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Additional Information

Area: Mcallen
Subdivision: Sunset Valley
Taxes: $57,000
HOA Fee: $2,090
Stories: 2
Interior Features: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
Amenities: Gated, Other, Planned Unit Development (PUD), Sidewalks, Street Lights
Heating: Central, Electric
Cooling: Central Air, Electric
Sewer: City Sewer
School District: McAllen ISD
Elementary School: Hendricks
Middle School: Fossum
High School: Rowe H.S.