Discover an investment opportunity at 321 South Taylor Rd, McAllen, Texas. This approximately 2-acre parcel issituated between Expressway 83 and business 83 on the East side of the street, in a growing area with sub-development potential, pending city approval. The property features a charming wood-frame home with three bedrooms and one bath, making it perfect for temporary living or rental while you plan your development. McAllen is a vibrant city, known for its robust economic growth and a population exceeding 140,000. With a diverse economy and a strategic location near the U.S.-Mexico border, the city boasts a strong demand for residential and commercial developments. Take advantage of this land opportunity in a flourishing Mcallen market—ideal for future potential sub-development. Invest in McAllen’s promising future today!
Vacant landProperty Type
1.93 acresLot Size
$207,968Price/Acres
Listed by David Olivarez• Encore Fine Properties
Bought with Bryanna Hernandez• Imperio Real Estate Llc
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
1.93 Acres
Year renovated
1990
Sq. Ft.
1,120
Year built
1970
Style
Ranch
County
Hidalgo County
APN
S2950-00-000-0207-20
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
R-1
Single-Family Residential District
The R-1 single-family residential district is established for the following purposes: To provide sufficient space in appropriate locations for residential development to meet the present and future housing needs of the city, with allowance for a diversity of sites.; To protect residential areas against pollution, environmental hazards and other objectionable influences.; To protect residential areas, as far as possible, against heavy and through traffic.; To protect residential areas against congestion, as far as possible, by managing the density of population in and around them; by providing for off-street parking spaces; and by providing open areas for rest and recreation and to break the monotony of continuous building bulk, thus providing a more desirable environment for urban living.; To provide for privacy and access of light and air to windows, as far as possible, through controls over the spacing and height of buildings and other structures.; To promote the most desirable use of land and direction of building development not in conflict with the adopted policies of the city; to promote stability of residential development; to protect the character of the district; to conserve the value of land and buildings; and to protect the city's tax base.; To promote the most efficient use of city facilities and services.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Exterior
Exterior Features
Fencing: Chain Link
Lot Information
Lot Size Acres: 1.9252
Lot Size Area: 1.9252
Lot Size Units: Acres
Lot Features: Curb & Gutters
Topography: Level
IrrigationSource: Irrigation Water District: United ID
Land Information
Water Source: Public, City
Property Information
Road Surface Type: Paved
Road Frontage Type: City Street
Building Information
Building Area Units: Square Feet
Financial
Tax Information
Tax Legal Description: JOHN H SHARY W535'-N162.84'-S488.53' LOT 207 2.00AC GR 1.9252AC NET
Tax Year: 2024
Tax Annual Amount: $4,742
Agriculture Tax Value: 0
Lease / Rent Details Information
Leased Rent Share: 0
Financing Information
Escrow: 5000
Utilities
Utility Information
Electric On Property: Yes
Sewer: City Sewer
Utilities: Electricity Connected, Water Connected
Water Comments: City Water
Location
HOA Information
Association YN: No
School / Neighborhood
Elementary School: Martinez
Elementary School District: McAllen ISD
Middle Or Junior School: B.L. Gray Junior High
Middle Or Junior School District: McAllen ISD
High School: Sharyland H.S.
High School District: McAllen ISD
Location Details
Directions: Go West bound on Expressway 83, Exit Shary Rd and turn right on Taylor Rd and Property will be on the Eastside (right side) of Road
Community Information
Community Features: Curbs, Sidewalks
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,120
Stories: —
Lot Size: 1.93 acres
Style: Ranch
Year Built: 1970
Year Renovated: 1990
County: Hidalgo County
APN: S2950-00-000-0207-20
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
RATIO ListPrice By Original List Price: 1
RATIO List Price By ACRE: 337625.51
RATIO Current Price by Acres: 259711.93
RATIO Close Price By Original List Price: 0.76923
RATIO Close Price By List Price: 0.76923
RATIO Close Price By ACRE: 259711.93
Listing Information
Last Status: Pending
Buyer CC YN: No
Crops: None
Non Allowables: No
Around this home
Schools
Romulo D Martinez Elementary School
Public PreK-6 • Assigned • 0.2mi
8/10
B L Gray Junior High School
Public 7-8 • Assigned • 3.5mi
8/10
Sharyland High School
Public 9-12 • Assigned • 0.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 21 days in 30 years
8/10 Wind Factor
94% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
McAllen, TX • 78501
Average low and high temperatures (°F)
71
52
81
59
88
66
87
71
92
75
95
79
96
79
99
79
94
77
92
72
86
66
78
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$382,000 – $462,000
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