NOT LISTED FOR SALE

1500 S Oregon Ave Weslaco, TX 78596

Estimated Value: $351,587 - $371,000

-- Bed
6 Baths
5,712 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 02, 2018

Current estimated payment $2,738/month

16 Days on Market

Highlights

  • No HOA
  • Forced Air Zoned Heating and Cooling System
  • 12 Car Garage

About This Home

As of March 2018

Great investment opportunity call today for details! 6 units with current rents ranging from $400 to $550 per month. Income and expense information is available upon request.

Last Agent to Sell the Property

Tony Marina

First American Realty Company Listed on: 01/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 1996

Lot Details

  • 0.28 Acre Lot

Parking

  • 12 Car Garage
  • No Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,712 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Stove

Schools

  • Margo Elementary School
  • Cuellar Middle School
  • Weslaco East High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number K690000001000100

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Kingwood Estates Subdivision

Building Details

  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,443

Year Built

Built in 1996

Lot Details

0

Parking

12

Listing Details

  • Directions: Exist South off Expressway 83 to S. Bridge Ave., West on Oregon Ave.
  • Year Built: 1996
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.282
  • Road Surface Type: Paved
  • Subdivision Name: Kingwood Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Charles Marina
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Other
  • Living Area: 5712

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Lot Features: Curb & Gutters
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 12
  • Covered Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: Off Street, No Carport, No Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Margo
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Cuellar

Lot Info

  • Lot Size Sq Ft: 12283.92
  • Parcel #: K690000001000100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5443

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 6
  • Annual Gross Income: 35400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 2, 2018
Sold by
Universal Loan Company Inc
Bought by
Altura Investments Llc
Seller's Agent
Tony Marina
First American Realty Company
List Price
$219,500
Current Estimated Value
$361,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Altura Investments Llc -- Sierra Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold -- -- --
01/31/2018 01/31/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $219,500 -- $38 / 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 $10,031 $443,932 $87,342 $356,590
2024 $10,031 $395,968 $87,342 $308,626
2023 $10,111 $400,048 $87,342 $312,706
2022 $7,464 $291,594 $49,207 $242,387
2021 $6,111 $235,080 $49,207 $185,873
2020 $6,333 $237,354 $49,207 $188,147
2019 $6,539 $239,628 $49,207 $190,421
2018 $6,442 $235,486 $49,207 $186,279
2017 $5,423 $198,975 $49,207 $149,768
2016 $5,001 $183,485 $43,056 $140,429
2015 $4,824 $181,960 $43,056 $138,904
Source: Public Records

Agents Affiliated with this Home

  • Tony Marina

    Seller's Agent in 2018

    Tony Marina

    First American Realty Company

    (956) 821-8782

    15 Total Sales

    Tony Marina
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 216645

Greater McAllen Association of REALTORS®

APN: K6900-00-001-0001-00

Texas Hidalgo County Weslaco 78596

1500 S Oregon Ave, Weslaco, TX

Not Listed for Sale

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