About This Home

This 0-bedroom, 0-bathroom residential multi family at 2904 Highland Avenue in McAllen, TX is listed for $385,000 ($114 per sqft). Built in 2000, the home offers 3,384 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 2000
  • 0.19 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 spaces
2000

Amenities

A/C
Listing Description

Investment Opportunity in the Heart of McAllen! Well-maintained 4-plex located at 2904 Highland Ave offering strong rental potential and a proven steady rental history. All four units are currently leased, providing immediate and consistent cash flow from day one-a true turnkey investment opportunity.

Each unit is individually metered for electricity, while the property operates on a single water meter averaging approximately $150/month, helping keep operating expenses low. Built in 2000 with an effective year built of 2010, this property has been consistently maintained, supporting long-term tenant retention and overall condition.

Ideally situated near Rowe High School with convenient access to major roadways, shopping, and dining. This centrally located multifamily asset is perfect for investors seeking stable, income-producing property in a high-demand rental market.

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

2904 Highland Avenue

McAllen, TX 78501

La Lomita Estates

Property Details

Construction

Brick

Pool Features

Deck

Parking

Other

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterRefrigeratorStove/Range

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2904 Highland Avenue is listed at $385,000 ($114/sqft). The estimated monthly payment is $2,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2000, 0.19 acre lot, 2 stories, 4 parking spaces.

This property is listed by Cecilia Olivarez and can be reached at 9563532401.

CO

Cecilia Olivarez

Agent at HCH Realty

(956) 353-2401

Listed by HCH Realty · View on Broker Site

MLS# 498364· Source: listhub· Listed today

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2904 Highland Avenue, McAllen, TX 78501

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