1201 E Ridge Rd McAllen, TX 78503
Studio
2
Baths
34,990
Sq Ft
58,806
Sq Ft Lot
About This Home
This home is located at 1201 E Ridge Rd, McAllen, TX 78503. 1201 E Ridge Rd is a home located in Hidalgo County with nearby schools including Aida C. Escobar Elementary, Kennedy Middle School, and PSJA Southwest Early College High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 20, 2018
Sold by
Dahmen Anthony and Dahmen Katherine
Bought by
Store Master Funding I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,999
Outstanding Balance
$616,714
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 15, 2011
Sold by
Magnum Mcallen Llc
Bought by
Store Master Funding I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,050,000
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 2007
Sold by
Hlam Ltd
Bought by
Magnum Mcallen Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,600,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Store Master Funding I Llc | -- | First American Title Insuran | |
| Store Master Funding I Llc | -- | First American Title Ins Co | |
| Magnum Mcallen Llc | -- | Security Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Store Master Funding I Llc | $699,999 | |
| Previous Owner | Store Master Funding I Llc | $3,050,000 | |
| Previous Owner | Magnum Mcallen Llc | $9,600,000 |
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 | $33,714 | $1,884,112 | $884,520 | $999,592 |
| 2024 | $33,714 | $1,761,005 | $884,520 | $876,485 |
| 2023 | $41,734 | $1,761,005 | $884,520 | $876,485 |
| 2022 | $43,389 | $1,690,127 | $884,520 | $805,607 |
| 2021 | $43,083 | $1,635,397 | $884,520 | $750,877 |
| 2020 | $43,486 | $1,628,213 | $884,520 | $743,693 |
| 2019 | $43,423 | $1,572,883 | $884,520 | $688,363 |
| 2018 | $44,145 | $1,590,921 | $884,520 | $706,401 |
| 2017 | $44,082 | $1,577,293 | $884,520 | $692,773 |
| 2016 | $45,373 | $1,623,496 | $884,520 | $738,976 |
| 2015 | $42,352 | $1,537,061 | $884,520 | $652,541 |
Source: Public Records
Map
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