NOT LISTED FOR SALE

1300 W Platinum Dr Pharr, TX 78577

Estimated Value: $507,000 - $547,000

-- Bed
16 Baths
4,300 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 26, 2023

Current estimated payment $3,999/month

8 Days on Market

Highlights

  • 0.3 Acre Lot
  • Walk-In Closet
  • Tile Flooring
  • Double Pane Windows
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of December 2023

Calling all investors!! Four Plex for sale on sugar and 495. Located at the heart of the Rio Grande valley. Easy access to highway 281 and highway 83 along with being minutes away from McAllen Texas, Edinburg Texas And Pharr Texas. These four plexus are being built on a prime location, putting your tenants minutes away from "UTRG" the University of Texas Rio Grande Valley. Also located minutes away is the Edinburg Children's hospital, along with the McAllen medical center and DHR. Let's talk entertainment. Located minutes away is a grand plaza featuring a prime movie theater, top golf, main event and plenty of restaurants that your tenants can choose from. For a night out on the city. All construction in the subdivision is being done by the same developer and builder, the quality of work is by far one of the best that the Rio Grande Valley Has to offer. For any more questions on how you can be the owner of your very own four plexus, please contact your local real estate agent.

Last Agent to Sell the Property

Mario Guerrero

Ldg Real Estate Company Llc Listed on: 12/17/2023

Last Buyer's Agent

Mario Guerrero

Ldg Real Estate Company Llc Listed on: 12/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,086

Year Built

  • Built in 2023

Lot Details

  • 0.3 Acre Lot
  • Wood Fence

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Ramirez Elementary School
  • Lbj Middle School
  • Psja North High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number H204900000000400

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Heritage Estates Subdivision

Building Details

  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,086

Year Built

Built in 2023

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: locate on the corner of sugar and 495 Pharr Texas 78577
  • Year Built: 2023
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Subdivision Name: Heritage Estates Subdivision
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 2
  • GMAR_Escrow: 10000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Water Heater (Laundry Room), Dryer, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 4300
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Microwave, Walk-In Closet(s)
  • Fencing: Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 13070.178
  • Parcel #: H204900000000400
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2023
Closed on
Dec 27, 2023
Sold by
Rich Heritage Construction Inc
Bought by
Darwish Yusef and Alas-Ruiz Bibi Annette
Seller's Agent
Mario Guerrero
Ldg Real Estate Company Llc
Buyer's Agent
Mario Guerrero
Ldg Real Estate Company Llc
List Price
$550,000
Current Estimated Value
$527,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.43%
Original Mortgage
$513,000
Outstanding Balance
$504,471
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$22,529
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
Darwish Yusef -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darwish Yusef $513,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2023 12/26/23 Sold -- -- --
12/17/2023 12/17/23 For Sale $550,000 -- $128 / 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 $14,086 $540,000 $130,700 $409,300
2024 $14,086 $525,193 $84,302 $440,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 421457

Greater McAllen Association of REALTORS®

APN: H2049-00-000-0004-00