NOT LISTED FOR SALE

105 E Esperanza Ave Hidalgo, TX 78557

Estimated Value: $452,000

-- Bed
16 Baths
4,800 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 14, 2024

Current estimated payment $3,048/month

60 Days on Market

Highlights

  • Mature Trees
  • Window Unit Cooling System
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Ceiling Fan

About This Home

As of October 2024

Nestled in the heart of Hidalgo, this property enjoys close proximity to essential amenities including retail shops, schools, and the police station, ensuring high tenant demand and convenience.

The roof was replaced in 2023, providing peace of mind and reduced maintenance costs. Several units have been tastefully remodeled, offering modern comforts and attracting quality tenants.

The parking lot was repaved in 2020, enhancing the property’s appeal.

With a competitive 8.37% cap rate, this investment offers a lucrative opportunity in a city poised for growth. The combination of location, recent upgrades, and strong return potential makes this property a standout choice for savvy investors.

Don’t miss out on this opportunity to invest in a flourishing market with a well-maintained asset.

Last Agent to Sell the Property

Edson Carvajal

Svn | Hanna Solutions Commercial Real Estate Listed on: 07/26/2024

Last Buyer's Agent

Vanessa Grajeda

Fox Real Estate Pros

Fox Real Estate Pros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,756

Year Built

  • Built in 1982

Lot Details

  • 0.26 Acre Lot
  • Chain Link Fence
  • Mature Trees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Electric Cooktop
  • Laundry closet

Schools

  • Hidalgo Elementary School
  • Diaz Middle School
  • Hidalgo High School

Utilities

  • Window Unit Cooling System
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number H250000039000700

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Hidalgo Original Townsite Subdivision

Building Details

  • Insurance Expense $6,500
  • Maintenance Expense $1,200
  • Gross Income $50,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,756

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Directions: Head south on international Blvd. Turn left (west) on W Esperanza Ave. In-between First and second St. on the north Side.
  • Year Built: 1982
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2583
  • Road Surface Type: Paved
  • Subdivision Name: Hidalgo Original Townsite
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Electric Cooktop, Refrigerator
  • Flooring: Tile
  • Living Area: 4800

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Chain Link
  • Lot Features: Mature Trees
  • Home Warranty: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Hidalgo
  • High School: Hidalgo H.S.
  • Junior High Dist: Hidalgo ISD
  • Middle Or Junior School: Diaz

Lot Info

  • Lot Size Sq Ft: 11251.9836
  • Parcel #: H250000039000700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7756

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 8
  • Annual Gross Income: 50220
  • Insurance Expense: 6500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Villanueva Marco Antonio and Vargas Martha Alejandra
Bought by
Villanueva Vargas Family Holdings Llc
Current Estimated Value
$452,000

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 15, 2024
Sold by
Hosanna Richard and Hosanna Hipolita
Bought by
Villanueva Marco Antonio and Vargas Martha Alejandra
Seller's Agent
Edson Carvajal
Svn | Hanna Solutions Commercial Real Estate
Buyer's Agent
Vanessa Grajeda
Fox Real Estate Pros
List Price
$600,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%

Purchase Details

Closed on
Feb 5, 2019
Sold by
Franz Freddie
Bought by
Hosanna Richard and Hosanna Hipolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
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
Villanueva Vargas Family Holdings Llc $360,000 None Listed On Document
Villanueva Marco Antonio -- Edwards Abstract & Title
Villanueva Marco Antonio -- Edwards Abstract & Title
Hosanna Richard -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hosanna Richard $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2024 10/14/24 Sold -- -- --
09/25/2024 09/25/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $600,000 -- $125 / 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 $8,161 $434,799 $84,375 $350,424
2024 $8,161 $333,624 $75,375 $258,249
2023 $7,756 $316,749 $58,500 $258,249
2022 $6,035 $242,657 $47,250 $195,407
2021 $4,787 $187,712 $39,375 $148,337
2020 $4,771 $187,067 $36,563 $150,504
2019 $5,165 $189,617 $36,563 $153,054
2018 $4,410 $161,509 $19,688 $141,821
2017 $4,547 $164,692 $19,688 $145,004
2016 $3,575 $129,504 $19,688 $109,816
2015 $3,392 $116,191 $17,438 $98,753
Source: Public Records

Agents Affiliated with this Home

  • Edson Carvajal

    Seller's Agent in 2024

    Edson Carvajal

    Svn | Hanna Solutions Commercial Real Estate

    (956) 360-5062

    52 Total Sales

    Edson Carvajal
    Section Image

  • V

    Buyer's Agent in 2024

    Vanessa Grajeda

    Fox Real Estate Pros

    (956) 821-1316

    26 Total Sales

    Vanessa Grajeda
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 445873

Greater McAllen Association of REALTORS®

APN: H2500-00-039-0007-00

Texas Hidalgo County Hidalgo 78557

105 E Esperanza Ave, Hidalgo, TX

Not Listed for Sale

MultiFamily

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