NOT LISTED FOR SALE

1216 E Daffodil Ave McAllen, TX 78501

Estimated Value: $511,000 - $664,000

Studio
4 Baths
4,740 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 21, 2021

Current estimated payment $3,995/month

17 Days on Market

Highlights

  • In Ground Pool
  • Crown Molding
  • Laundry closet
  • Gated Community
  • Walk-In Closet
  • Tile Flooring

About This Home

As of October 2021

Income producing Fourplex located at the most sought after area in Mcallen!!! Each unit has 2 Bed and 2.5 Bath with 1185 sqft of living area, granite counters in kitchen with stainless steel appliances. Washer and Dryer included. Private gated and pool privileges in a community pool, basketball court and picnic tables for leisure. An experienced investor knows how difficult it is to find a Fourplex in Mcallen in this age at this price range. A steal for anyone looking to make an investment with solid cash flow.

If you are looking to invest there is no better option out there than this one !!

Last Agent to Sell the Property

Nash Buxani

Winners Circle Listed on: 08/06/2021

Winners Circle

Last Buyer's Agent

Susan Cauba

Key Realty

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,993

Year Built

  • Built in 2014

Lot Details

  • 8,100 Sq Ft Lot

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,740 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Carport Spaces
  • No Garage

Outdoor Features

  • In Ground Pool
  • Outbuilding

Schools

  • Jackson Elementary School
  • Cathey Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S73601A000018A00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Associa Hilla Contry Association
  • Sunrise Terrace Subdivision

Recreation

  • Community Pool

Additional Features

  • Gross Income $51,000
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,993

Year Built

Built in 2014

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Directions: From N Jackson Rd and la Vista Ave head north, then turn left on Camellia Ave in the entrance of Sunrise Terrance subdivision (AKA L360)
  • Year Built: 2014
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.186
  • Road Surface Type: Paved
  • Subdivision Name: Sunrise Terrace
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 2
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Flat
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Laminate, Tile
  • Living Area: 4740

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Crown/Cove Molding, Dryer, Split Bedrooms, Walk-In Closet(s), Washer
  • Fencing: None
  • Lot Features: Sidewalks
  • Pool Features: In Ground
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Pool YN: Yes

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool, Sidewalks, Street Lights
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: Associa Hilla Contry
  • Association: Yes

Schools

  • Elementary School: Jackson
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 8099.982
  • Parcel #: S73601A000018A00
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10993

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 19, 2021
Sold by
Moreno Lazaro
Bought by
Dang Tony
Seller's Agent
Nash Buxani
Winners Circle
Buyer's Agent
Susan Cauba
Key Realty
List Price
$479,000
Current Estimated Value
$569,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$337,500
Outstanding Balance
$307,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$261,829

Purchase Details

Closed on
Dec 30, 2020
Sold by
Dejesus Lares Verduzco Jose and Zamora Belinda Araceli
Bought by
Moreno Lazaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,863
Interest Rate
2.7%
Mortgage Type
FHA
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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Purchase History

Date Buyer Sale Price Title Company
Dang Tony -- Capital Title
Moreno Lazaro -- San Jacinto Ttl Svcs Mcallon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dang Tony $337,500
Previous Owner Moreno Lazaro $386,863
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2021 10/21/21 Sold -- -- --
08/23/2021 08/23/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $469,000 -2.1% $99 / Sq Ft
08/06/2021 08/06/21 For Sale $479,000 +11.9% $101 / Sq Ft
05/19/2020 05/19/20 Sold -- -- -- View Prior Sale
02/22/2020 02/22/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $428,000 +773.6% $90 / Sq Ft
02/06/2014 02/06/14 Sold -- -- -- View Prior Sale
01/07/2014 01/07/14 Pending -- -- --
10/21/2012 10/21/12 For Sale $48,995 -- $10 / 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 $11,555 $518,022 $89,103 $428,919
2024 $11,555 $488,700 $89,103 $399,597
2023 $11,582 $488,700 $89,103 $399,597
2022 $11,617 $452,500 $82,623 $369,877
2021 $10,738 $407,625 $82,623 $325,002
2020 $10,984 $411,262 $82,623 $328,639
2019 $11,364 $411,615 $82,623 $328,992
2018 $4,893 $176,350 $21,376 $154,974
2017 $4,557 $163,060 $21,376 $141,684
2016 $3,713 $132,843 $21,376 $111,467
2015 $589 $119,537 $21,376 $98,161
Source: Public Records

Agents Affiliated with this Home

  • Nash Buxani

    Seller's Agent in 2021

    Nash Buxani

    Winners Circle

    (956) 949-9337

    184 Total Sales

    Nash Buxani
    Section Image
  • Susan Cauba

    Buyer's Agent in 2021

    Susan Cauba

    Key Realty

    (956) 533-4697

    81 Total Sales

    Susan Cauba
    Section Image
  • Yanett Rodriguez

    Seller's Agent in 2020

    Yanett Rodriguez

    RE/MAX

    (956) 522-8213

    140 Total Sales

    Yanett Rodriguez
    Section Image
  • Gustavo Guardiola

    Buyer's Agent in 2020

    Gustavo Guardiola

    Imperio Real Estate Llc

    (956) 659-0221

    128 Total Sales

    Gustavo Guardiola
    Section Image
  • Hector Guerra

    Seller's Agent in 2014

    Hector Guerra

    RE/MAX

    (956) 605-6200

    155 Total Sales

    Hector Guerra
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 362621

Greater McAllen Association of REALTORS®

APN: S7360-1A-000-018A-00

Texas Hidalgo County McAllen 78501

1216 E Daffodil Ave, McAllen, TX

Not Listed for Sale

MultiFamily

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