$379,999
●
Land -
For Sale
7024 N Taylor Road
McAllen, TX 78504
Studio
0 Bath
$2,155
Est. Monthly
About This Property
JUST LISTED! This large lot in McAllen, Texas. Drive by 7024 N
Taylor Road to see this prime investment opportunity. This
expansive lot provides a blank canvas for building your possible
home or starting and growing a business. With OVER 1,200FEET OF
DEPTH this lot has plenty of room for multiple future uses. With
McAllen's reputation for a high quality of life and this property's
close proximity to retail centers, parks, and healthcare
facilities, along with easy access to major highways, this property
is ideally positioned for both convenience and privacy. WE MAKE IT
EASY TO OWN. This is a great opportunity! Don't wait, call us today
to get more information on the owner's easy terms and smooth
process that may be able to put the deed in your name and make this
your dream property. When you call be sure and ask about other
properties that we may also have for sale in the McAllen Area.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$288
HOA Dues
-
Year Built
1990
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #30477594)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2026 | Listed by 1st Texas Realty Services | $379,999 | |
| Listed by 1st Texas Realty Services | |||
| Sep 10, 2024 | Price Decreased |
$417,099
↓ $13K
(3%) | |
| Price Decreased | |||
| Aug 9, 2024 | Listed | $429,999 | |
| Listed | |||
| | |||
|
TWO ACRES IN MCALLEN TEXAS. This large lot is located at 7024 N Taylor Road. It offers a prime investment opportunity. This expansive lot provides a blank canvas for building your possible home or developing a residential project. With McAllen's reputation for a high quality of life, close proximity to retail centers, parks, and healthcare facilities, along with easy access to major highways, this property is ideally positioned for both convenience and tranquility. This lot represents a valuable asset in a welcoming community.
| |||
Property Highlights
Exterior Details
Lot Features: Other, 1 Up to 2 Acres
Lot Size Area: 2
Lot Size Units: Acres
Lot Size Acres: 2
Lot Size Square Feet: 87120
Water Source: Other
Financial Details
Tax Annual Amount: $3,459
Utilities Details
Sewer : Other
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About McAllen
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Listed by: Chet Polniazek, 1st Texas Realty Services
Last Updated: 4 months ago
Data Source: HAR , MLS# 30477594
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Last Updated: 4 months ago
Data Source: HAR , MLS# 30477594
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