About 4305-4209 Heron Avenue
Exceptional bulk investment opportunity: 12 brand-new condominiums in gated Sunset Valley! Each unit offers 3 bedrooms, 2 bathrooms, a private patio, stainless-steel stove, refrigerator and microwave hood, upgraded chandeliers, a pantry and dishwasher space. Portfolio offers $240,000 in built-in equity as per sales and appraisal and strong rental potential. Includes two units current model home furniture. Tenants pay water and electricity. HOA covers trash, sprinkler service and grass trimming for accessible areas. Community amenities include courts, pickleball, playground, gated access, BBQ areas and jogging trails. Includes a 6-month builder warranty covering structural components, A/C, electrical systems and roof. Excellent opportunity for a rental portfolio, individual resale or rent-to-own program.
Features of 4305-4209 Heron Avenue
| MLS® # | 514386 |
|---|---|
| Price | $2,400,000 |
| Square Footage | 19,000 |
| Acres | 0.18 |
| Year Built | 2026 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 4305-4209 Heron Avenue |
|---|---|
| Subdivision | Sunset Valley |
| City | McAllen |
| County | Hidalgo |
| State | TX |
| Zip Code | 78504 |
Amenities
| Parking Spaces | 24 |
|---|---|
| Parking | Detached |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet, Washer/Dryer Connection |
| Community Amenities | Gated, Other, Planned Unit Development (PUD), Sidewalks, Street Lights |
Interior
| Interior Features | Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer |
|---|---|
| Appliances | Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Total # of Units | 12 |
| # of Buildings | 12 |
Exterior
| Lot Description | Mature Trees, Professional Landscaping, Sidewalks, Sprinkler System |
|---|---|
| Roof | Shingle |
| Construction | Other, Stucco |
| Foundation | Slab |
School Information
| District | McAllen ISD |
|---|---|
| Elementary | Hendricks |
| Middle | Fossum |
| High | Rowe H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| HOA Fees | $2,090 |
| HOA Fees Freq. | Monthly |
| Annual Tax | $57,000 |
| Property Insurance | $11,400 |
| Gross Income | $307,800 |
| HOA Association | Yes |
Listing Details
| Agent | Irene Uribe Manrique De Lara |
|---|---|
| Office | Texas Landmark Realty LLC |
| Contact Info | 956-492-5638 |