NOT LISTED FOR SALE

123 Chicago Ave McAllen, TX 78501

Estimated Value: $110,000 - $192,000

2 Beds
1 Bath
1,056 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 29, 2024

Current estimated payment $832/month

33 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2024

Great investment opportunity inside city limits.

Last Agent to Sell the Property

Carla Borrego

Kebes Real Estate Llc Listed on: 12/29/2023

Last Buyer's Agent

Isela Ramirez

Empire Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1972

Lot Details

  • 6,373 Sq Ft Lot
  • Barbed Wire

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Electric Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Fields Elementary School
  • North Jr. High Middle School
  • Mcallen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bormann's Subdivision

Listing and Financial Details

  • Assessor Parcel Number B370000000000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Continue to follow E Frontage Rd E/US-83 Frontage Rd Turn right onto Frontage Rd/WB U S 83 Frontage Turn left onto S 2nd St/S Col Rowe Blvd Drive to Chicago Ave
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1463
  • Road Surface Type: Paved
  • Subdivision Name: Bormann's
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Living Area: 1056
  • Window Features: Window Coverings (Other)
  • Master Bedroom Features: Other

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Countertops (Other), Other
  • Fencing: Barbed Wire
  • Home Warranty: No
  • Construction Type: Brick, Frame/Wood
  • Foundation Details: Pillar/Post/Pier
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other, Street Lights
  • Association: No

Schools

  • Elementary School: Fields
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: North Jr. High

Lot Info

  • Lot Size Sq Ft: 6372.828
  • Parcel #: B370000000000500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 29, 2024
Sold by
Garcia Alfredo
Bought by
Compean Javier Antonio Russ
Seller's Agent
Carla Borrego
Kebes Real Estate Llc
Buyer's Agent
Isela Ramirez
Empire Real Estate
List Price
$125,000
Views
58
Current Estimated Value
$145,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%
Original Mortgage
$93,840
Outstanding Balance
$92,362
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$53,500

Purchase Details

Closed on
Sep 28, 2005
Sold by
Sandoval Raul and Mcallen Independent School Dis
Bought by
Vida Properties Llc
Source: Public Records

Range of Values:

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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
Compean Javier Antonio Russ -- Capital Title
Vida Properties Llc $22,591 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compean Javier Antonio Russ $93,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold -- -- --
01/31/2024 01/31/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $125,000 -- $118 / 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 $517 $64,843 -- --
2023 $1,387 $58,948 $0 $0
2022 $1,329 $53,589 $0 $0
2021 $1,245 $48,717 $21,991 $28,550
2020 $1,130 $44,288 $21,991 $23,089
2019 $1,021 $40,262 $21,991 $18,271
2018 $1,032 $40,616 $22,310 $18,306
2017 $1,037 $40,651 $22,310 $18,341
2016 $1,024 $40,158 $22,310 $17,848
2015 $651 $42,543 $22,310 $20,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 422983

Greater McAllen Association of REALTORS®

APN: B3700-00-000-0005-00