NOT LISTED FOR SALE

1119&112 Laurel McAllen, TX 78501

Estimated Value: $319,000 - $440,000

-- Bed
8 Baths
4,677 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 16, 2018

Current estimated payment $2,795/month

97 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 2-minute walk to Lions Park

About This Home

As of February 2018

INVESTORS There is a great hidden gem of a Four Plex in the Art District! The apartments are set in a very quite area just East of 10 th and FM 495 and sits on the corner of Laurel and 12th.The city of McAllen's Lion's Park is just across the street .This complex has a on-site laundry room.which takes all the hassle of individual units..Covered parking for four is in the rear of the units. To make the complex has some mature trees and backyards which are grass , not concrete.This Four Plex is situated in area where all the homes are being renovated.. Definitely a property which has been well maintained and in a awesome location .

Last Agent to Sell the Property

Ken Duke

Keller Williams Realty Rgv Listed on: 09/13/2017

Keller Williams Realty Rgv

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,537

Year Built

  • Built in 1977

Lot Details

  • 0.36 Acre Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 4 Car Garage
  • No Garage
  • Rear-Facing Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,677 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Schools

  • Wilson Elementary School
  • Travis Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number L340000000000100

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Laurel Avenue Subdivision

Building Details

  • Insurance Expense $3,500
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,537

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Directions: Using FM 495 @ 10 th Street as your starting point. Go South on 10th to Laurel, turn Right (west) Property will be down to the end of the block on the Left .
  • Year Built: 1977
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3595
  • Road Surface Type: Paved
  • Subdivision Name: Laurel Avenue
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 3000
  • GMAR_LicensedSupervisor: Joyce Toombs
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4677

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Privacy
  • Lot Features: Corner Lot
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Laundry Facility

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Off Street, No Garage, Garage Faces Rear
  • Total Parking Spaces: 4

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Wilson
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 15659.82
  • Parcel #: L340000000000100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4537

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 28800
  • Insurance Expense: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Un Rincon Cerca Del Cielo Properties Llc
Bought by
Yim Chau Christopher and Zanetti Chau Adriana
Current Estimated Value
$380,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Outstanding Balance
$311,706
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$58,627

Purchase Details

Listed on
Sep 13, 2017
Closed on
Feb 16, 2018
Sold by
Lee Xin Jian Long and Lee Xin Ying
Bought by
Un Rincon Cerca Del Cielo Properties Llc
Seller's Agent
Ken Duke
Keller Williams Realty Rgv
List Price
$252,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$196,000
Interest Rate
3.99%
Mortgage Type
Stand Alone First
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
Yim Chau Christopher -- Corporation Service
Un Rincon Cerca Del Cielo Properties Llc -- Edwards Abstract & Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yim Chau Christopher $314,250
Previous Owner Un Rincon Cerca Del Cielo Properties Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold -- -- --
12/19/2017 12/19/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $252,000 -- $54 / 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 $8,673 $411,246 $148,761 $262,485
2023 $8,386 $356,439 $93,954 $262,485
2022 $7,346 $296,221 $93,954 $202,267
2021 $6,120 $239,544 $62,636 $176,908
2020 $6,111 $239,544 $62,636 $176,908
2019 $6,131 $241,691 $62,636 $179,055
2018 $5,907 $232,516 $62,636 $169,880
2017 $4,537 $177,897 $62,636 $115,261
2016 $4,245 $166,416 $62,636 $103,780
2015 $3,430 $132,554 $62,636 $69,918
Source: Public Records

Agents Affiliated with this Home

  • Ken Duke

    Seller's Agent in 2018

    Ken Duke

    Keller Williams Realty Rgv

    (956) 535-3952

    7 Total Sales

    Ken Duke
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 211937

Greater McAllen Association of REALTORS®

APN: L3400-00-000-0001-00

Texas Hidalgo County McAllen 78501

1119&112 Laurel, McAllen, TX

This home is located at 1119&112 Laurel, McAllen, TX 78501 since 13 September 2017 and is currently estimated at $380,333, approximately $81 per square foot. This property was built in 1977. 1119&112 Laurel is a home located in Hidalgo County with nearby schools including Wilson Elementary School, Travis Middle School, and McAllen High School.

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