313 N 40th St

2,405 Sq. Ft.
$125 / Sq. Ft.
2,405
Sq. Ft.
$125
per Sq. Ft.

Description

Investors welcome! Well-maintained home converted into 3 separate units, each with its own private entrance. Located near shopping, the McAllen Convention Center, and McAllen Airport, this property offers convenience and versatility. One unit features 2 bedrooms, 2 baths; the other two units are 1 bed, 1 bath, each with its own living room, dining area, and kitchen. Enjoy in-unit laundry, private yard access for two units, and separate driveways. With excellent income potential and a prime location,...Investors welcome! Well-maintained home converted into 3 separate units, each with its own private entrance. Located near shopping, the McAllen Convention Center, and McAllen Airport, this property offers convenience and versatility. One unit features 2 bedrooms, 2 baths; the other two units are 1 bed, 1 bath, each with its own living room, dining area, and kitchen. Enjoy in-unit laundry, private yard access for two units, and separate driveways. With excellent income potential and a prime location, this is a fantastic investment opportunity you don’t want to miss!.
  1. Listed by Leah Vargas • TREC #801070541 • Keller Williams Realty Rgv

Property Details for 313 North 40th Street

Community Features
None
Subdivision Name
Golden Acres Retirement
LISTING UPDATED: 10/11/2025 03:02 PM

Property Details for 313 North 40th Street

StatusActive
MLS #481535
Days on Market152
Taxes$1,403 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1978
Lot Size0.23 AC / 10,000 SF
CountyHidalgo County

Location

Listing Courtesy of Keller Williams Realty Rgv
Add your commute

Building Information for 313 North 40th Street

Stories1Year Built1978Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$1,579 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,462

Property Taxes

$117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 313 North 40th Street

Summary
Location and General Information
  • Directions: From Pecan & ware Rd head south on ware turn right on ebony Ave, and left on 40th st heading south- home will be on your right - keller williams sign
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Other Garage or Carport
  • Parking Total: 0.0
School Information
  • Elementary School: Alvarez
  • Elementary School District: McAllen ISD
  • High School: Rowe H.S.
  • High School District: McAllen ISD
  • Middle Or Junior School: De Leon
  • Middle Or Junior School District: McAllen ISD
Taxes and HOA
  • Association: No
  • Parcel Number: G480004001003503
  • Tax Annual Amount: $1,403
  • Tax Legal Description: GOLDEN ACRES RETIREMENT NO. 4 S2' LOT 35, ALL LOT 36 & N10' LOT 37 BLK 1
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 2405.0
  • Building Area Units: Square Feet
  • GolfCart: No
  • Living Area: 2405.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees
  • Lot Size Acres: 0.2296
  • Lot Size Area: 10000.9404
  • Lot Size Square Feet: 10000.9404
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1978
  • Year Built Source: HCAD
  • Escrow: $3,000.00
Utilities
  • Irrigation Water Rights: No
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Pool: No
  • Construction Materials: Brick
  • Patio And Porch Features: Covered Patio, Deck/Balcony/Porch
  • Roof: Metal
  • Security Features: Smoke Detector(s)
  • Window Features: Window Coverings (Other)
Interior Features
  • Appliances: Electric Water Heater, Water Heater (Other), Other
  • Bathrooms Full: 4.0
  • Bathrooms Half: 0.0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4.0
  • Bedrooms Total: 4.0
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling YN: Yes
  • Flooring: Other, Tile
  • Maid Quarters: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Countertops (Other), Bonus Room, Built-in Features, Ceiling Fan(s), Dryer, Office/Study, Other, Split Bedrooms, Walk-In Closet(s)
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Dining RoomDescription: Living Area(s): 3
  • Living Room Description: Living Area(s): 3
  • Master Bedroom Features: Other, Outside Access, Shower Only, Tub/Shower Combo, Walk-In Closet(s)
  • Foundation Details: Slab

Property History for 313 North 40th Street

DateEvent & SourcePriceAppreciation
Sep 23, 2025

Listed (Active)

Greater McAllen Association of REALTORS #481535

$300,000
Jun 24, 2025

Withdrawn

Greater McAllen Association of REALTORS #452229

Oct 25, 2024

Listed (Active)

Greater McAllen Association of REALTORS #452229

$299,000
Jul 21, 2023

Expired

Greater McAllen Association of REALTORS #397711

$299,000
Jul 21, 2023

Temporarily Off Market

Greater McAllen Association of REALTORS #397711

Feb 1, 2023

Listed (Active)

Greater McAllen Association of REALTORS #397711

$299,000
DateEvent & SourcePrice
09/23/2025

Listed (Active)

Greater McAllen Association of REALTORS #481535

$300,000
06/24/2025

Withdrawn

Greater McAllen Association of REALTORS #452229

10/25/2024

Listed (Active)

Greater McAllen Association of REALTORS #452229

$299,000
07/21/2023

Expired

Greater McAllen Association of REALTORS #397711

$299,000
07/21/2023

Temporarily Off Market

Greater McAllen Association of REALTORS #397711

02/01/2023

Listed (Active)

Greater McAllen Association of REALTORS #397711

$299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 313 North 40th Street

Taxable ValueLand$57,000Additions$4,533Total$61,533
Tax Record2024$535 ($45 / month)
Home Facts
Beds3Total Finished SqFt2,405 SqFtAbove Grade Finished SqFt2,405 SqFtStories1Lot Size10,001 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated2003CountyHIDALGOAPNG4800-04-001-0035-03

Schools near 313 North 40th Street

This home is within Mcallen Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Alvarez Elementary School
PublicPK to 5

De Leon Middle School
Public6 to 8

Rowe High School
Public9 to 12

Lincoln Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

313 North 40th Street is a single family home for sale in McAllen, TX 78501. This property was listed for sale on September 23, 2025 by Keller Williams Realty Rgv, it's currently listed at $300,000. This listing's school district is Mcallen Independent School District. Nearby schools include Alvarez Elementary School, De Leon Middle School and Rowe High School. 313 North 40th Street is a 4-bed, 4-bath, 2,405 sqft single family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Rgv

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.