NOT LISTED FOR SALE

1105 S Palm Dr Pharr, TX 78577

Estimated Value: $372,000 - $385,000

-- Bed
16 Baths
3,692 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 24, 2021

Current estimated payment $2,801/month

28 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System
  • Patio
  • Tile Flooring
  • Ceiling Fan

About This Home

As of September 2021

Investment Property Opportunity! Centrally located near Expressway 83, close to shopping areas, medical centers and restaurants. Well kept four unit complex in established subdivision. Each unit includes : two bedrooms, two bathrooms, washer and dryer in closet area. Tiled floors, patio area comfortable size rooms. The yard includes sprinkler system.

Last Agent to Sell the Property

Daniel Chapa

Dillard And Chapa Real Estate Listed on: 07/30/2021

Last Buyer's Agent

Miguel Vargas

Tnt Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,164

Year Built

  • Built in 2005

Lot Details

  • 8,479 Sq Ft Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,692 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Outdoor Features

  • Patio

Schools

  • Escobar Elementary School
  • Liberty Middle School
  • Psja High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number S025700000001400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Sam Houston Heights Subdivision

Building Details

  • Insurance Expense $2,300
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,164

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: South of Expressway 83, south on Jackson Ave, West on Sam Houston, South on Palm Dr.
  • Year Built: 2005
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1946
  • Road Surface Type: Paved
  • Subdivision Name: Sam Houston Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3692

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Other
  • Lot Features: Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Elementary School: Escobar
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Liberty

Lot Info

  • Lot Size Sq Ft: 8478.954
  • Parcel #: S025700000001400
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7164

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 31200
  • Insurance Expense: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 24, 2021
Sold by
Simtola Investments Llc
Bought by
Sandoval Juan Claudio and Sandoval Yanderi Suhail
Seller's Agent
Daniel Chapa
Dillard And Chapa Real Estate
Buyer's Agent
Miguel Vargas
Tnt Real Estate
List Price
$328,900
Current Estimated Value
$378,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$244,500
Outstanding Balance
$226,796
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,204
Source: Public Records

Range of Values:

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Average Value
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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
Sandoval Juan Claudio -- Edwards Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Juan Claudio $244,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold -- -- --
08/26/2021 08/26/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $328,900 -- $89 / 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
2024 $8,744 $326,000 $90,725 $235,275
2023 $7,817 $291,668 $90,725 $200,943
2022 $8,045 $286,822 $65,712 $221,110
2021 $7,096 $248,429 $65,712 $182,717
2020 $7,244 $250,438 $65,712 $184,726
2019 $6,878 $234,719 $47,482 $187,237
2018 $6,616 $224,460 $47,482 $176,978
2017 $6,564 $220,812 $47,482 $173,330
2016 $6,207 $208,826 $47,482 $161,344
2015 $5,832 $195,609 $47,482 $148,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 362273

Greater McAllen Association of REALTORS®

APN: S0257-00-000-0014-00