NOT LISTED FOR SALE

1706 Bronze Pharr, TX 78577

Estimated Value: $378,000 - $385,000

-- Bed
4 Baths
4,268 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 12, 2022

Current estimated payment $2,950/month

24 Days on Market

Highlights

  • In Ground Pool
  • Mature Trees
  • Double Pane Windows
  • Gated Community
  • High Ceiling
  • Slab Porch or Patio

About This Home

As of January 2022

This 4 Unit Multi-Family investment vehicle can potentially help preserve wealth while producing passive rental income at the same time. This rental property is located center stage between 3 of the RGV's largest cities including Pharr, McAllen, and Edinburg. This rental asset is located near the Nolana Loop and Jackson Rd intersection. The location affords quick access to U.S. Expressway 281 (I-69) as well as U.S Expressway 83 (I-2).

Two of the units are 2 bedroom/2 bath with a washer/dryer room, a pantry, walk-in closets, and a concrete patio. The other two units are 3 bedroom/2 bath with a washer/dryer room and a concrete patio. All four units include granite kitchen countertops and one master bedroom with a master bathroom.

The exterior has recently been repaired and painted.

Tenants are responsible for paying all their utilities.

Last Agent to Sell the Property

Omar Cavazos

Exp Realty Llc Listed on: 11/11/2021

Exp Realty Llc

Last Buyer's Agent

Mike Martinez

Wounded Warrior Realty, Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,094

Year Built

  • Built in 2006

Lot Details

  • 9,020 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,268 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Oven
  • Electric Range
  • Warming Drawer
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Arnold Elementary School
  • Lbj Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Slab Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number M191800002003600

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Associa Hill Country Association
  • Mayfair Subdivision

Recreation

  • Community Pool

Building Details

  • Insurance Expense $3,004
  • Maintenance Expense $812
  • Gross Income $29,700

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,094

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Directions: From U.S. Expressway 83 (I-2), exit Jackson Rd and travel north on Jackson Rd about 2.2 miles then make a right turn onto Pearl St. Continue east on Pearl St. until it intersects with Baltic Ave at the "T" intersection. Make a right turn onto Baltic Ave. and continue to follow Baltic Avenue as it will turn into Bronze Street. Travel east on Bronze Street to 1706 W Bronze St, Pharr, TX 78577. The property will be on the north side of the street near the lamp post. From U.S. Expressway 281 (I-69), exit Nolana Loop and travel west on Nolana about 1.3 miles then make a left turn onto Jackson Rd. Travel South on Jackson Rd about .3 miles and make a left turn onto Pearl Street. Then follow the instructions given above from the point of turning onto Pearl Street.
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2071
  • Road Surface Type: Paved
  • Subdivision Name: Mayfair
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Clay Tile, Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Dishwasher, Dryer, Microwave, Oven-Single, Oven-Warming, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Other Equipment: Audio/Video Wiring, Automated Lighting
  • Flooring: Tile
  • Living Area: 4268
  • Window Features: Energy Features (Double Pane Windows)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Mature Trees, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Washer
  • Fencing: Wood
  • Lot Features: Alley, Curb & Gutters, Mature Trees, Sidewalks, Sprinkler System
  • Pool Features: In Ground, Fenced
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio, Patio Slab
  • Pool YN: Yes

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

  • Utilities: Internet Access, Cable Available
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Pool, Sidewalks, Street Lights
  • Association Fee: 720
  • Association Fee Frequency: Annually
  • Association Name: Associa Hill Country
  • Association: Yes

Schools

  • Elementary School: Arnold
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 9019.9692
  • Parcel #: M191800002003600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9094

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 29700
  • Insurance Expense: 3004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Amezquita Hector
Bought by
Gtell Llc
Current Estimated Value
$381,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,500
Outstanding Balance
$290,103
Interest Rate
6.33%
Mortgage Type
Seller Take Back
Estimated Equity
$92,397

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 11, 2022
Sold by
Alberto Cavazos Omar and Alberto Susana Mayra
Bought by
Amezquita Hector
Seller's Agent
Omar Cavazos
Exp Realty Llc
Buyer's Agent
Mike Martinez
Wounded Warrior Realty, Llc
List Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$230,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2006
Sold by
Raul Fabela Const
Bought by
Cavazos Omar Aberto and Cavazos Amyra Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
6.72%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Gtell Llc -- --
Amezquita Hector -- Corporation Service
Cavazos Omar Aberto -- Charge San Jacinto Title Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gtell Llc $299,500
Previous Owner Amezquita Hector $230,250
Previous Owner Cavazos Omar Aberto $207,600
Previous Owner Paul Fabela Construction Ltd $179,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold -- -- --
12/05/2021 12/05/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $379,000 -- $89 / 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 $9,727 $362,668 $83,432 $279,236
2023 $9,918 $370,065 $83,432 $286,633
2022 $9,896 $352,823 $0 $0
2021 $9,008 $315,355 $61,333 $254,022
2020 $9,201 $318,064 $61,333 $256,731
2019 $9,339 $318,666 $61,333 $257,333
2018 $9,040 $306,715 $61,333 $245,382
2017 $8,744 $294,177 $61,333 $235,426
2016 $6,868 $231,036 $61,333 $169,703
2015 $6,510 $225,241 $61,333 $163,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 369275

Greater McAllen Association of REALTORS®

APN: M1918-00-002-0036-00