$3,600,000

1301 Morwil St Mission, TX 78572

Estimated payment $23,666/month

Total Views 7,997
-- Bed
-- Bath
22,882 Sq Ft
$157 Price per Sq Ft

Highlights

  • Mature Trees
  • Bonus Room
  • No HOA
  • Wood Flooring
  • High Ceiling
  • Double Pane Windows

About This Home

1300 and 1301 Morwil St, Mission, TX 78572 is a modern 32-unit apartment complex built in 2012. The aparment complex is located right of the expressway and Bryan Rd in Mission tx. The mission police department is located walking distance and the nearby schools include Castro Elementary School, Mission J High School and Veterans Memorial High School. Nearby parks include Mission Parks & Recreation, McKinney Park and Astroland Park. Most tenants have been renting at the same apartment complex for over 7 years. Seller is willing to entertain owner finance with $1,000,000 down.

Listing Agent

Sameer Suresh Dhansinghani

Imperio Real Estate Llc Listed on: 02/02/2024

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48,614

Year Built

  • Built in 2012

Lot Details

  • 0.79 Acre Lot
  • Masonry wall
  • Mature Trees

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco
  • Stone

Interior Spaces

  • Walk-In Closet
  • 22,882 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Bonus Room
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 32 Carport Spaces
  • Rear-Facing Garage

Schools

  • Castro Elementary School
  • Mission Junior High
  • Veterans Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M697000000000200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Morwil Heights Subdivision

Building Details

  • Insurance Expense $5,760
  • Maintenance Expense $6,200
  • Gross Income $23,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48,614

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Directions: Follow N Bicentennial Blvd and US-83 BUS W/W U.S. Business 83 to E 8th St in Mission 17 min (7.2 mi) Turn right at the 1st cross street onto W Nolana Ave ? 0.2 mi Turn left onto N Bicentennial Blvd ? 2.5 mi Turn right onto US-83 BUS W/Hwy 83/W U.S. Business 83/W U.S. Hwy 83 Continue to follow US-83 BUS W/W U.S. Business 83 ? 4.4 mi Turn left onto Fontanna Ave ? 492 ft Turn left onto Bryan Rd ? 322 ft ? Follow E 8th St and Humberto Javier Avila St/Pecan St to your destination 1 min (0.2 mi) 1300 Morwil Street Mission, TX 78572
  • Year Built: 2012
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7874
  • Road Surface Type: Paved
  • Subdivision Name: Morwil Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 2
  • GMAR_Escrow: 40000
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Flat
  • Appliances: Electric Water Heater, Electric Cooktop, Smooth Electric Cooktop, Refrigerator
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 22882
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Manual Gate, Mature Trees
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer
  • Fencing: Masonry
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 32
  • Covered Parking Spaces: 32
  • Parking Features: Attached, Garage Faces Rear
  • Total Parking Spaces: 32

Utilities

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

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Castro
  • High School: Veterans Memorial H.S.
  • Junior High Dist: Mission ISD
  • Middle Or Junior School: Mission Junior High

Lot Info

  • Lot Size Sq Ft: 34300.8864
  • Parcel #: M697000000000200

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 48614

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 32
  • Annual Gross Income: 23575
  • Insurance Expense: 5760

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $26,248 $1,021,510 $112,252 $909,258
2023 $25,894 $1,021,510 $112,252 $909,258
2022 $24,192 $950,000 $112,252 $837,748
2021 $23,913 $925,000 $112,252 $812,748
2020 $24,636 $925,000 $112,252 $812,748
2019 $25,237 $925,000 $112,252 $812,748
2018 $29,068 $1,058,690 $112,252 $946,438
2017 $31,229 $1,125,889 $112,252 $1,013,637
2016 $31,965 $1,152,439 $132,061 $1,020,378
2015 $16,201 $1,139,448 $131,204 $1,008,244
2014 $16,201 $585,140 $131,204 $453,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 For Sale $3,600,000 -- $157 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 426565

Greater McAllen Association of REALTORS®

APN: M6970-00-000-0001-00