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Sold on 06/17/2025
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1201 E Olympia Ave, Mcallen, TX 78503

  • $652,000

    Last sold 06/17/2025 for $615K

  • —

    bed

  • —

    bath

  • 5,618

    Sqft ($109/Sqft)

Multi-family not for sale
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About 1201 E Olympia Ave

Property type Multi-family
Neighborhood
Year built 2020
HOA fee $0/month
Lot size 9,800 Sqft
Movoto estimate
Rental estimate
Property description
ATTENTION ALL INVESTORS!! A 4-unit apartment complex is available now and 3 are LEASED! Each unit features 3 bedrooms, 2.5-bathroom, featuring granite countertops and stainless steel appliances, with a washer and dryer included for your convenience. Ideally situated near hospitals, the airport, restaurants, gyms, and shopping, this property is a fantastic opportunity. Don’t miss out on this exceptional four-unit multi-family investment located in a prime area of McAllen, Texas!
Listed by
Listing Agent - Yadira M. Velarde
Listing Office - Mary Lou Henry Real Estate
Source: Greater McAllen AOR mls logo
MLS#466379 • last updated 1 year ago
Movoto checked Greater McAllen AOR for data 6 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style 2
SubType Quadruplex
Type Residential Income
Living Area 5618, Square Feet
Status Sold
MLS # 466379
Lot Size (Acres) 0.225
Lot Size (SqFt) 9800.1288
Property Tax 11427
Year Built 2020
Interior
Exterior
Roof Shingle
Exterior Features None
Construction Brick
Foundation Other
Parking No Garage
Lot Features Corner Lot
Fencing Wood
Other Structures Outbuilding (None)
Amenities / Utilities
Green Features: Energy Efficient Other
Sewer City Sewer
Security Features Smoke Detector(s)
Location
County Hidalgo
Subdivision Las Canadas
Elementary School Palmer
High School PSJA South West H.S.
Middle School District PSJA ISD
Elementary School District PSJA ISD
Middle School Kennedy
High School District PSJA ISD
Directions Take W Frontage Rd W/U.S. 83 Frontage Rd S To S McColl Rd Continue On S McColl Rd. Drive To E Olympia Ave Continue On S McColl Rd. Drive To E Olympia Ave Turn Left Onto E Pineridge Ave Turn Left Onto S K Center St S K Center St Turns Right And Becomes E Olympia Ave
APN L314900002005200
Multifamily Details
# of Buildings 1
# of Separate Water Meters 4
# of Units Total 4
Gross Income 51600
Insurance Expense 6439
Lot/ Land Details
Road Surface Paved
$652K
Range: $580K-$723K
Last 30 days 
Rental est.: $1,199/month
Gross rent multiplier: 42.7
  • May 2025
    mls logo MLS # 466379
  • May 27, 2025 Pending
    —
  • Mar 26, 2025 Listed
    $615,000 (+754.2%)
  • Nov 2018
    mls logo MLS # 306603
  • Nov 27, 2018 Listed
    $72,000
  • 1201 E Olympia Ave
    $615K
  • Las Canadas
    —
  • 78503
    $250K +6% y/y
  • Mcallen
    $289K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 1201 E Olympia Ave
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