This spacious 2 bedroom, 2 bath condo offers 1,583 sqft. with an open-concept layout connecting the living, dining, and kitchen areas. Tile flooring throughout makes the home easy to maintain, while the updated custom kitchen features granite countertops, stainless steel appliances, and plenty of cabinet and counter space. Both bathrooms have also been updated with granite countertops and glass shower doors. An enclosed 2 car garage provides additional parking and storage, a great feature that's not always easy to find in a condo. The community also offers a swimming pool and BBQ/grill area to enjoy with family and friends. Located in central McAllen with convenient access to shopping, restaurants, hospitals, and major roads. Schedule your showing today!
For sale
$200,000
701 Hibiscus Ave APT 23, McAllen, TX 78501
2beds
1,583sqft
Condominium, Residential
Built in 1980
-- sqft lot
$186,400 Zestimate®
$126/sqft
$280/mo HOA
What's special
- 18 hours |
- 57 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Erasmo Arjona 956-522-9632,
Re/Max Elite
Source: Greater McAllen AOR,MLS#: 513334
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Description: Living Area(s): 1
Living room
- Description: Living Area(s): 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Laundry: Laundry Closet
Features
- Granite Counters, Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile
- Windows: Vertical Blinds
Interior area
- Total structure area: 1,583
- Total interior livable area: 1,583 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Patio & porch: Covered Patio
- Exterior features: Barbecue, Mature Trees
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool
- Fencing: Other
Lot
- Size: 4,835 Square Feet
- Features: Mature Trees
Details
- Additional structures: Storage
- Parcel number: C600004023000600
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
Materials
- Brick, Other, Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Green energy
- Energy efficient items: None, Other
Community & HOA
Community
- Features: Pool
- Subdivision: Cobotel Terrace No. 4
HOA
- Has HOA: Yes
- HOA fee: $280 monthly
- HOA name: COBOTEL TERRACE POA
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $196,893
- Annual tax amount: $4,171
- Date on market: 8/22/2026
- Road surface type: Paved
Estimated market value
$186,400
$158,000 - $211,000
$1,245/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Listed for sale | $200,000$126/sqft |
Source: Greater McAllen AOR #513334 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,348 +15.9% | $182,893 +20% |
| 2024 | $2,888 -0.9% | $152,411 -0.8% |
| 2023 | $2,913 +17.1% | $153,703 +23.5% |
| 2022 | $2,488 +25.4% | $124,409 +29.1% |
| 2021 | $1,984 | $96,335 -7.9% |
| 2020 | -- | $104,638 +15.8% |
| 2019 | $1,857 -11.2% | $90,349 +10.8% |
| 2018 | $2,091 | $81,539 -0.9% |
| 2017 | $2,091 -2.2% | $82,308 -1.8% |
| 2016 | $2,139 +1.4% | $83,845 +2.8% |
| 2015 | $2,108 | $81,539 -0.9% |
| 2014 | $2,108 | $82,308 -1.8% |
| 2013 | -- | $83,845 |
| 2012 | -- | $83,845 -1.1% |
| 2011 | -- | $84,765 -0.9% |
| 2010 | -- | $85,534 +5.7% |
| 2009 | -- | $80,922 -1.9% |
| 2008 | -- | $82,459 +5% |
| 2007 | -- | $78,530 +0.1% |
| 2006 | -- | $78,436 +2.9% |
| 2005 | -- | $76,195 |
| 2004 | -- | $76,195 -2.6% |
| 2003 | -- | $78,202 +15.2% |
| 2002 | -- | $67,903 |
| 2001 | -- | $67,903 |
| 2000 | -- | $67,903 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78501
Nearby schools
GreatSchools rating
- 8/10Milam Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Cathey Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Memorial High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Milam
- Middle: Cathey
- High: Memorial H.S.
- District: McAllen ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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