NOT LISTED FOR SALE

1602 S Orange Ave Weslaco, TX 78596

Estimated Value: $184,000 - $222,000

-- Bed
2 Baths
1,920 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 23, 2022

Current estimated payment $1,466/month

88 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System
  • 2 Car Attached Garage
  • Tile Flooring
  • Wood Fence

About This Home

As of May 2022

Great investment opportunity!!!! Perfect layout features a beautiful country style ceilings with spacious living dining and bedrooms. Both units are currently leased. Centrally located a block away from Texas Blvd and a few minutes away from the Westgate Dr and main Weslaco commercial areas. Call for a showing today!

Last Agent to Sell the Property

Cynthia Tatum

Encore Fine Properties Listed on: 01/28/2022

Last Buyer's Agent

Jessica Molina

Lpt Realty Llc

Lpt Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1977

Lot Details

  • 9,374 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number K690000003000600

Community Details

Overview

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

Building Details

  • Insurance Expense $1,290
  • Maintenance Expense $200
  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,820

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Directions: Going East on E Business 83, turn south on Bridge Ave, turn right onto E 16th Street, and then south onto Orange Ave.
  • Year Built: 1977
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2152
  • Road Surface Type: Paved
  • Subdivision Name: Kingwood Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, No Conveying Appliances
  • Flooring: Tile
  • Living Area: 1920

Exterior Features

  • Exterior Features: None
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9374.112
  • Parcel #: K690000003000600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2820

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 1200
  • Insurance Expense: 1290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
May 25, 2022
Sold by
Cavazos Isabel
Bought by
Warren Carl D
Seller's Agent
Cynthia Tatum
Encore Fine Properties
Buyer's Agent
Jessica Molina
Lpt Realty Llc
List Price
$175,000
Current Estimated Value
$199,471

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%
Original Mortgage
$120,000
Outstanding Balance
$113,738
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$85,733
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warren Carl D -- Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Carl D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold -- -- --
04/25/2022 04/25/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $175,000 0.0% $91 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $175,000 -- $91 / 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 $4,988 $185,962 $66,541 $119,421
2024 $4,988 $196,880 $66,541 $130,339
2023 $4,976 $196,880 $66,541 $130,339
2022 $3,481 $136,002 $37,488 $98,514
2021 $2,820 $108,477 $37,488 $70,989
2020 $2,894 $108,477 $37,488 $70,989
2019 $2,960 $108,477 $37,488 $70,989
2018 $2,751 $100,552 $37,488 $63,064
2017 $2,576 $94,504 $37,488 $57,016
2016 $2,331 $85,526 $32,802 $52,724
2015 $2,196 $82,242 $32,802 $49,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 375931

Greater McAllen Association of REALTORS®

APN: K6900-00-003-0006-00