NOT LISTED FOR SALE

194 Laureles Dr Unit Lot 23 Elsa, TX 78543

Estimated Value: $174,000 - $175,185

-- Bed
10 Baths
1,554 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 21, 2012

Current estimated payment $1,353/month

66 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 2 Car Garage
  • Tile Flooring
  • Ceiling Fan
  • Partially Fenced Property

About This Home

As of November 2012

This is a 2 Unit apartment of 2 bedrooms, 1 Bath, 1 Living Area, 1 Kitchen, 1 Laundry Room. Each unit has its own water and Electric meters.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 2004

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property

Parking

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

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Schools

  • Lbj Elementary School
  • Edcouch-Elsa High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 Units
  • La Nueva Vida Subdivision

Listing and Financial Details

  • Assessor Parcel Number L140002000002300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,547

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Directions: North on FM88, East on Mile 17 1/2, South on los Laureles.
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Subdivision Name: La Nueva Vida
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 1000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, No Conveying Appliances
  • Flooring: Tile
  • Living Area: 1554

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Partial
  • Lot Features: Curb & Gutters
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Off Street, No Carport, No Garage
  • Total Parking Spaces: 2

Utilities

  • 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: None
  • Association: No

Schools

  • Elementary School: LBJ
  • High School: Edcouch-Elsa H.S.
  • Junior High Dist: Edcouch-Elsa ISD

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: L140002000002300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 12
  • Tax Annual Amount: 2547

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Nov 2, 2012
Sold by
Us Bank Na
Bought by
Border Development & Construction Llc
List Price
$74,900
Current Estimated Value
$175,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Martinez Norma and Martinez Andres
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Border Development & Construction Llc -- Lsi Title Agency Inc
Us Bank National Association $35,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Norma $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold -- -- --
10/26/2012 10/26/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $74,900 -- $48 / 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 $4,741 $166,252 $34,500 $131,752
2023 $4,509 $158,305 $34,500 $123,805
2022 $3,577 $121,160 $25,200 $95,960
2021 $2,879 $96,028 $25,200 $70,828
2020 $2,829 $91,857 $20,100 $71,757
2019 $2,883 $93,650 $20,100 $73,550
2018 $2,939 $94,578 $20,100 $74,478
2017 $2,762 $88,170 $20,100 $68,070
2016 $2,628 $83,879 $20,100 $63,779
2015 $2,550 $82,218 $20,100 $62,118
Source: Public Records

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 158522

Greater McAllen Association of REALTORS®

APN: L1400-02-000-0023-00