$135,000
SOLD NOV 8, 2024
Last list price

1418 Ithaca Ave McAllen, TX 78501

4 Beds
3 Baths
1,892 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

42 Days on Market

Highlights

  • Mature Trees
  • Covered patio or porch
  • Central Heating and Cooling System
  • No HOA
  • Window Unit Cooling System
  • Ceiling Fan

About This Home

As of May 2025

Perfect flip opportunity for investors! Don't miss out on this investment opportunity in Downtown McAllen! This property is conveniently located minutes from the Expressway, Downtown McAllen, Bus station, Stores and Restaurants! Second floor is inaccessible due to damage to the stairs, 2nd floor consists of 1 bedroom/1 bath and the stairs are only outside (no inside access). Property sells AS IS!

Last Agent to Sell the Property

Samantha Reynoso

Verite Realty Llc Listed on: 08/14/2024

Last Buyer's Agent

Ismael Mendez

Encore Fine Properties

Encore Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1970

Lot Details

  • 3,000 Sq Ft Lot
  • Mature Trees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Fields Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Nelson Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number N080000002000602

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Driving North on S Main St, turn West (Left) on Ithaca Ave and property will be to your right.
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0689
  • Road Surface Type: Paved
  • Subdivision Name: Nelson Addition
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_Escrow: 1500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Water Heater (Other Location), No Conveying Appliances
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Concrete
  • Living Area: 1892
  • Window Features: No Window Coverings
  • Master Bedroom Features: None

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Countertops (Other), Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Alley, Mature Trees, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 2999.9772
  • Parcel #: N080000002000602
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Nov 5, 2024
Sold by
Delbosque Riccio and Delbosque Rene
Bought by
Spd Homes Llc
Seller's Agent
Samantha Reynoso
Verite Realty Llc
Buyer's Agent
Ismael Mendez
Encore Fine Properties
List Price
$135,000
Total Days on Market
42
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
302.96%
Original Mortgage
$153,000
Outstanding Balance
$152,248
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$93,240
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Valley Land Title
Deed -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 New Conventional
Closed $153,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold -- -- --
04/14/2025 04/14/25 For Sale $255,000 +88.9% $135 / Sq Ft
11/08/2024 11/08/24 Sold -- -- --
09/26/2024 09/26/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $135,000 -- $71 / 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 $2,226 $94,934 $28,800 $66,134
2023 $2,127 $90,413 $28,800 $61,613
2022 $2,038 $82,194 $16,560 $65,634
2021 $1,874 $73,367 $16,560 $56,807
2020 $1,673 $65,572 $16,560 $49,012
2019 $1,151 $45,359 $10,350 $35,009
2018 $1,194 $47,009 $12,000 $35,009
2017 $1,199 $47,009 $12,000 $35,009
2016 $1,199 $47,009 $12,000 $35,009
2015 $1,330 $45,362 $12,000 $33,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 447128

Greater McAllen Association of REALTORS®

APN: N0800-00-002-0006-02