About This Home

This 0-bedroom, 0-bathroom multi-family at 1701 Avocet Avenue in McAllen, TX is listed for $5,640,000 ($83 per sqft). Built in 1982, the home offers 68,024 sqft of living space on a 2.98 acres lot.

Key Features

  • Built in 1982
  • 2.98 acre lot
  • 2 stories
  • 94 parking spaces

Property Details

2 stories
94 spaces
1982

Amenities

A/C
Listing Description

Excellent investment opportunity! Parklane Apartments is a 94-unit complex spanning 9 buildings near Bicentennial Blvd and Dove Ave in North McAllen. Unit mix includes 34 one-bed/one-bath units (each with a private patio) and 60 two-bed/one-bath units, all conveying with a stove and refrigerator.

Built in 1982, the property features on-site laundry, a swimming pool, tennis court, and basketball court. This location is a proven value-renter magnet! Adjacent to Bill Schupp Park, minutes from Doctors Hospital at Renaissance, and close to South Texas College and UT Rio Grande Valley. Easy access to I-2 and I-69C, plus proximity to La Plaza Mall and Downtown's 17th Street entertainment district, adds tenant appeal. Located within McAllen ISD. A solid, stable asset in one of South Texas's strongest markets.

Monthly Cost Estimate

$30,164/mo

20% down · 6.5% · 30 years

Principal$4,079
Interest$24,440
Insurance$1,645

Estimates only. Actual payments may vary.

Location

1701 Avocet Avenue

McAllen, TX 78504

Parklane

Features & Amenities

Exterior Features

Mature Trees

Property Details

Construction

Brick

Outdoor Features

Patio

Parking

Garage

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Appliances

Electric Water HeaterElectric CooktopRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1701 Avocet Avenue is listed at $5,640,000 ($83/sqft). The estimated monthly payment is $30,164 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 2.98 acre lot, 2 stories, 94 parking spaces. Exterior Features: Mature Trees.

This property is listed by Esmeralda Rubi Torres.

ET

Esmeralda Rubi Torres

Agent at RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV

Listed by RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV · Broker phone: (956) 566-8377 · View on Broker Site

MLS# 510074· Source: Greater McAllen Association of Realtors· 1 day on PropertySimple

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.

1701 Avocet Avenue, McAllen, TX 78504

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