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Sold on 10/13/2023
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1510 Ithaca Ave, Mcallen, TX 78501

$429,000

Last sold 10/13/2023 for $340K

  • —

    bed

  • —

    bath

  • 3,066

    Sqft ($111/Sqft)

Multi-family not for sale
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About 1510 Ithaca Ave

Property type Multi-family
Neighborhood
Year built 2018
HOA fee $0/month
Lot size 7,000 Sqft
Movoto estimate
Rental estimate
Property description
Updated and Centrally located a few blocks from the SIMON MALL and AIRPORT. Income producing, great investment CAP 8%. Come check out the unique appeal of this Triplex. Each unit has 2-bedroom and 1.5-bath. Offers a dining room, living room, kitchen with refrigerator, ceiling fans, and tile floors. Kitchen and Bathroom include granite countertops, and customized cabinets. Each unit is currently leased.
Listed by
Listing Agent - Adalberto (Beto) G. Arguelles
Listing Office - Coldwell Banker La Mansion
Source: Greater McAllen AOR mls logo
MLS#411470 • last updated 2 years ago
Movoto checked Greater McAllen AOR for data 10 minutes ago
Overview
Levels/Style 1
SubType Triplex
Type Residential Income
Living Area 3066, Square Feet
Virtual Tour N/A
Status Sold
MLS # 411470
Lot Size (Acres) 0.1607
Lot Size (SqFt) 7000.092
Property Tax 4424
Year Built 2018
Interior
Flooring Tile
Window Features Energy Features (Double Pane Windows)
Exterior
Roof Shingle
Foundation Slab
# Carport Spaces 4
# Covered Spaces 4
# Parking Spaces 4
Lot Features Sprinkler System
Lot Dimensions 50x140
Fencing None
Other Structures Outbuilding (None)
Amenities / Utilities
Laundry None
Sewer City Sewer
Water Source Public
Security Features Smoke Detector(s)
Location
County Hidalgo
Subdivision Nelson Addition
Community Features None
Elementary School Thigpen-Zavala
High School Memorial H.S.
Middle School District McAllen ISD
Elementary School District McAllen ISD
Middle School Travis
High School District McAllen ISD
APN N080000001000700
Multifamily Details
# of Buildings 1
# of Separate Water Meters 4
# of Units Total 3
Maintenance Expense 1500
Gross Income 3150
Insurance Expense 5500
Lot/ Land Details
Road Surface Paved
$429K
Range: $356K-$501K
Last 30 days 
Rental est.: $528/month
Gross rent multiplier: 53.7
  • Sep 2023
    mls logo MLS # 411470
  • Sep 3, 2023 Price Change
    $389,900 (-1.3%)
  • Aug 28, 2023 Price Change
    $395,000 (-6.0%)
  • Aug 7, 2023 Listed
    $420,000 (+55.6%)
  • Jul 2019
    mls logo MLS # 315225
  • Jul 5, 2019 Price Change
    $280,000 (-3.4%)
  • May 16, 2019 Listed
    $290,000 (-3.3%)
  • May 2018
    mls logo MLS # 217715
  • May 7, 2018 Price Change
    $300,000 (+7.1%)
  • Feb 28, 2018 Listed
    $280,000 (+400.0%)
  • Mar 2017
    mls logo MLS # 188021
  • Mar 30, 2017 Price Change
    $56,000 (-5.1%)
  • Mar 11, 2017 Price Change
    $59,000 (+13.5%)
  • Jan 9, 2017 Price Change
    $52,000 (-5.5%)
  • Dec 30, 2016 Price Change
    $55,000 (-15.4%)
  • Oct 14, 2016 Price Change
    $65,000 (+3.2%)
  • Sep 6, 2016 Listed
    $63,000
  • Year Property taxes Tax assessment
  • 2024
    $6,804 +4.8%
    $359,029 +30.11%
  • 2023
    $6,492 +17.6%
    $275,933
  • 2022
    $5,519 +11.7%
    $275,933 +15.0%
  • 2021
    $4,941 -5.8%
    $239,942 +15.91%
  • 2020
    $5,243 +17.8%
    $207,007
  • 2019
    $4,449 +24.0%
    $207,007 +18.69%
  • 2018
    $3,588 +404.4%
    $174,407 +522.88%
  • 2017
    $711 -0.4%
    $28,000
  • 2016
    $714 -0.4%
    $28,000
  • 2014
    $717
    $28,000
  • 1510 Ithaca Ave
    $340K
  • Nelson Addition
    —
  • 78501
    $261K +2% y/y
  • Mcallen
    $289K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Fields Elementary School
public Grades PK, K-5
Mcallen Independent School District
5/10
Travis Middle School
public Grades 6-8
Mcallen Independent School District
5/10
Mcallen High School
public Grades 9-12
Mcallen Independent School District
Source: GreatSchools.org © 2026. All rights reserved.

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