NOT LISTED FOR SALE

1716 W Garrison Dr Pharr, TX 78577

Estimated Value: $519,000 - $551,000

-- Bed
4 Baths
4,456 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 06, 2023

Current estimated payment $4,167/month

20 Days on Market

Highlights

  • Gated Community
  • Laundry closet
  • Central Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2023

4plex for sale in the Medical Ridge Subdivision!! Beautiful (2) 3 bed 2 bath (2) 2 bed bath apartments each unit features custom cabinets and tile throughout. Appliances included (stove, refrigerator, washer, and dryer) Built in 2017 fully leased at $4,800 for the 4 units

Last Agent to Sell the Property

Diana Ayala

Imperio Real Estate Llc Listed on: 02/25/2023

Imperio Real Estate Llc

Last Buyer's Agent

Elena Sanchez

Texas Rgv Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,502

Year Built

  • Built in 2017

Lot Details

  • 10,495 Sq Ft Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 4,456 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Electric Range

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Front Facing Garage

Schools

  • Aida C. Escobar Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M324900000000900

Community Details

Overview

  • 4 Units
  • Magnolia Property Management Association
  • Medical Ridge Subdivision
  • Planned Unit Development

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,502

Year Built

Built in 2017

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: From expressway 83 drive south Turn left into Medical Ridge subdivision
  • Year Built: 2017
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2409
  • Road Surface Type: Paved
  • Subdivision Name: Medical Ridge
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 5500
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4456
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front, No Garage
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Planned Unit Development (PUD)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Magnolia Property Management
  • Association: Yes

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA South West H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 10494.9108
  • Parcel #: M324900000000900
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10502

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 2, 2021
Sold by
Soberon Edgar Alejandro
Bought by
Warck Properties Llc
Seller's Agent
Dean Chan
Global Realty
Buyer's Agent
Dean Chan
Global Realty
List Price
$425,000
Current Estimated Value
$532,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$322,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2018
Sold by
Martinez Gabriela E
Bought by
Martinez Gabriel and Villanueva Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,712
Interest Rate
4.5%
Mortgage Type
Construction
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
Warck Properties Llc -- San Jacinto Title Services
Martinez Gabriel -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warck Properties Llc $322,500
Previous Owner Martinez Gabriel $117,712
Previous Owner Soberon Edgar Alejandro $336,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold -- -- --
03/18/2023 03/18/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $550,000 +29.4% $123 / Sq Ft
09/03/2021 09/03/21 Sold -- -- --
07/20/2021 07/20/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $425,000 -- $95 / 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 $14,597 $544,228 $105,479 $438,749
2023 $14,718 $549,134 $105,479 $443,655
2022 $10,643 $379,445 $65,596 $313,849
2021 $10,390 $363,756 $65,596 $298,160
2020 $10,535 $364,206 $65,596 $298,610
2019 $10,767 $367,415 $65,596 $301,819
2018 $10,334 $350,597 $65,596 $285,001
2017 $0 $65,596 $65,596 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 399015

Greater McAllen Association of REALTORS®

APN: M3249-00-000-0009-00