NOT LISTED FOR SALE

1002 W Garrison Dr Pharr, TX 78577

Estimated Value: $539,000 - $606,000

Studio
4 Baths
4,386 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 08, 2021

Current estimated payment $4,052/month

3 Days on Market

Highlights

  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of September 2021

Newer fourplex available in Pharr, TX. Carmel Estates subdivision. Convenient location. Near schools, shopping, restaurants. Major expressway access near by.

Last Agent to Sell the Property

Dean Chan

Global Realty Listed on: 07/19/2021

Last Buyer's Agent

Dean Chan

Global Realty Listed on: 07/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,317

Year Built

  • Built in 2019

Lot Details

  • 0.26 Acre Lot
  • Irregular Lot

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 4,386 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Aida C. Escobar Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C180400000006600

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Magnolia Property Management Association
  • Carmel Estates Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,200
  • Gross Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,317

Year Built

Built in 2019

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Directions: From expressway 83 exit Jackson Rd. Go south. Turn left on Ridge. Enter to Carmel Estates on right side.
  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2615
  • Road Surface Type: Paved
  • Subdivision Name: Carmel Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4386

Exterior Features

  • Exterior Features: None
  • Fencing: Other
  • Lot Features: Irregular Lot
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: Magnolia Property Management
  • Association: Yes

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA South West H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 11389.1976
  • Parcel #: C180400000006600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11317

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 51000
  • Insurance Expense: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 7, 2021
Sold by
Deleon Daniel Jaime and De Leon Elizabeth
Bought by
Patel Tushar Maganlal and Patel Arati Tushar
Seller's Agent
Dean Chan
Global Realty
Buyer's Agent
Dean Chan
Global Realty
List Price
$450,000
Current Estimated Value
$568,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$337,500
Outstanding Balance
$307,100
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$265,400
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Tushar Maganlal -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Tushar Maganlal $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold -- -- --
07/20/2021 07/20/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $450,000 -- $103 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,562 $507,365 $148,064 $359,301
2024 $12,562 $468,367 $148,064 $320,303
2023 $12,188 $454,725 $108,200 $346,525
2022 $10,071 $359,050 $105,922 $253,128
2021 $10,652 $372,910 $105,922 $266,988
2020 $11,352 $392,450 $105,922 $286,528
Source: Public Records

Agents Affiliated with this Home

  • Dean Chan

    Seller's Agent in 2021

    Dean Chan

    Global Realty

    (956) 827-1415

    4 in this area

    12 Total Sales

    Dean Chan
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 360835

Greater McAllen Association of REALTORS®

APN: C1804-00-000-0066-00

Texas Hidalgo County Pharr 78577

1002 W Garrison Dr, Pharr, TX

Not Listed for Sale

MultiFamily

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