2241 Gumwood Avenue

McAllen, TX 78501

$299,500
Price
Beds
2,492 Sq. Ft.
$120 / Sq. Ft.
2,492
Sq. Ft.
$120
per Sq. Ft.

Description

Introducing a triplex in a prime location, offering a blend of modern comfort and passive income potential. Featuring three units: a spacious three-bedroom residence and two cozy one-bedroom apartments. Currently fully occupied, this property generates consistent monthly rental income, appealing to both investors and owner-occupiers. With off-street parking, outdoor spaces, and low maintenance requirements, it promises convenience and hassle-free ownership. Don't miss this opportunity to secure a...Introducing a triplex in a prime location, offering a blend of modern comfort and passive income potential. Featuring three units: a spacious three-bedroom residence and two cozy one-bedroom apartments. Currently fully occupied, this property generates consistent monthly rental income, appealing to both investors and owner-occupiers. With off-street parking, outdoor spaces, and low maintenance requirements, it promises convenience and hassle-free ownership. Don't miss this opportunity to secure a investment in a thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional triplex!
  1. Listed by Cesar Felix • TREC #801068824 • Coldwell Banker La Mansion

Property Details for 2241 Gumwood Avenue

Community Features
Other
Subdivision Name
Hammond

Location

Listing Courtesy of Coldwell Banker La Mansion
Add your commute
LISTING UPDATED: 04/01/2024 11:05 AM

Property Details for 2241 Gumwood Avenue

StatusActive
MLS #432491
Days on Market50
Taxes$4,814 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1971
Lot Size0.16 AC / 7,000 SF
CountyHidalgo County

Location

Listing Courtesy of Coldwell Banker La Mansion
Add your commute

Building Information for 2241 Gumwood Avenue

Stories-Residences3Year Built1971Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$2,036 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,634

Property Taxes

$401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2241 Gumwood Avenue

Summary
Location and General Information
  • Directions: From Business 83 turn NORTH on 23rd street and property will be to the EAST.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 2.0
  • Carport YN: Yes
  • Covered Spaces: 2.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport
  • Parking Total: 2.0
School Information
  • Elementary School: Martinez
  • Elementary School District: McAllen ISD
  • High School: Rowe H.S.
  • High School District: McAllen ISD
  • Middle Or Junior School: Cantu
  • Middle Or Junior School District: McAllen ISD
Taxes and HOA
  • Association: No
  • Parcel Number: H090000005001100
  • Tax Annual Amount: $4,814
  • Tax Legal Description: HAMMOND ADDITION LOT 11 BLK 5
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 2492.0
  • Building Area Units: Square Feet
  • Living Area: 2492.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees
  • Lot Size Acres: 0.1607
  • Lot Size Area: 7000.092
  • Lot Size Square Feet: 7000.092
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1971
  • Year Built Source: HCAD
  • Escrow: $3,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 2
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Other
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other
  • Fencing: Privacy
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick, Siding
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Other
  • Cooling: Other HVAC
  • Flooring: Tile
  • Heating: Other HVAC
  • Interior Features: Ceiling Fan(s), Other
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $33,000.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Other Expense: $.00

Property History for 2241 Gumwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2241 Gumwood Avenue

Taxable ValueLand$59,850Additions$144,757Total$204,607
Tax Record2022$4,092 ($341 / month)
Home Facts
Total Finished SqFt2,092 SqFtAbove Grade Finished SqFt2,092 SqFtStories1Lot Size7,000 SqFtStyleTriplexYear Built1971CountyHIDALGOAPNH0900-00-005-0011-00

Schools near 2241 Gumwood Avenue

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 - PK to 5
Rating
School
Distance
Seguin Elementary School
PublicPK to 5

Travis Middle School
Public6 to 8

Mcallen High School
Public9 to 12

Navarro Elementary School
PublicPK to 5

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

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Similar Sold Homes

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2241 Gumwood Avenue is a multi-family home for sale in McAllen, TX 78501. This property was listed for sale on March 28, 2024 by Coldwell Banker La Mansion, it's currently listed at $299,500. It has been on the market for a total of 50 days and was last sold on October 15, 2021. This listing's school district is Mcallen Independent School District. Nearby schools include Seguin Elementary School, Travis Middle School and Mcallen High School. 2241 Gumwood Avenue is a 0-bed, 0-bath, 2,492 sqft multi-family home built in 1971.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker La Mansion

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.