Estimated payment $4,120/month
Highlights
- Wood Flooring
- Balcony
- Wood Fence
- No HOA
- Window Unit Cooling System
- Wood Siding
About This Home
New year, new investment opportunity! Listed on the market is this conveniently located apartment complex. Located near stores, shopping centers, restaurants, and schools. Ideal for investors seeking steady rental income, and/or homeowners seeking a strategic investment. This one's for you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,921
Year Built
- Built in 1981
Lot Details
- 0.4 Acre Lot
- Wood Fence
- Chain Link Fence
- Irregular Lot
Home Design
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 8,586 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
- Stove
Flooring
- Wood
- Concrete
- Tile
- Vinyl
Parking
- 12 Carport Spaces
- No Garage
Outdoor Features
- Balcony
Schools
- Ochoa Elementary School
- Solis Middle School
- Donna High School
Utilities
- Window Unit Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number L025000075000201
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- Lott Town & Improvements Subdivision
Building Details
- Gross Income $79,200
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,070 | $453,191 | $71,438 | $381,753 |
| 2023 | $11,921 | $453,191 | $71,438 | $381,753 |
| 2022 | $7,206 | $260,000 | $41,044 | $218,956 |
| 2021 | $7,185 | $254,746 | $41,044 | $213,702 |
| 2020 | $7,434 | $254,746 | $41,044 | $213,702 |
| 2019 | $8,371 | $282,882 | $41,044 | $241,838 |
| 2018 | $8,217 | $276,997 | $41,044 | $235,953 |
| 2017 | $8,758 | $277,124 | $41,044 | $236,080 |
| 2016 | $4,860 | $153,774 | $30,798 | $122,976 |
| 2015 | $3,349 | $160,882 | $30,798 | $130,084 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Price Changed | $575,000 | -4.2% | $67 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $600,000 | -7.7% | $70 / Sq Ft |
| 01/21/2025 01/21/25 | For Sale | $650,000 | -- | $76 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Charge Sierra Title | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Charge Sierra Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Seller Take Back | |
| Previous Owner | $25,400 | Seller Take Back | |
| Previous Owner | $390,000 | No Value Available |
Source: Greater McAllen Association of REALTORS®
MLS Number: 458102
APN: L0250-00-075-0002-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
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