NOT LISTED FOR SALE

201 S Ridge Ln San Juan, TX 78589

Estimated Value: $141,000 - $456,000

-- Bed
4 Baths
4,154 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 20, 2022

Current estimated payment $3,111/month

309 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2022

If you are looking for an investment property, this is it! Great income producing FOURPLEX now available in San Juan, Texas. 100% Occupied!

Last Agent to Sell the Property

Dulce Olivares

Golden Valley Real Estate Listed on: 05/27/2021

Last Buyer's Agent

Marisol Ruiz

Alliance Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,376

Year Built

  • Built in 2012

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,154 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • North San Juan Elementary School
  • Lbj Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S455500002002400

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • South Ridge Estates Subdivision

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $100
  • Gross Income $3,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,376

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Directions: From Nolana go South on Raul Longoria. Entrance to subdivision is on your right (South Ridge Estates)
  • Year Built: 2012
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2632
  • Road Surface Type: Paved
  • Subdivision Name: South Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Clay Tile
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4154

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Other
  • Lot Features: Sidewalks, Sprinkler System
  • 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: Detached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 11467.17
  • Parcel #: S455500002002400
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7376

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 3300
  • Insurance Expense: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
May 19, 2022
Sold by
Usra Llc
Bought by
Ortiz Jose Carlos and Ortiz Shaira Veronica
Seller's Agent
Dulce Olivares
Golden Valley Real Estate
Buyer's Agent
Marisol Ruiz
Alliance Real Estate Group
List Price
$420,000
Current Estimated Value
$406,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$301,500
Outstanding Balance
$288,852
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$115,815

Purchase Details

Closed on
Nov 19, 2020
Sold by
Zapata Mara N
Bought by
Usra Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Ortiz Jose Carlos -- Corporation Service
Usra Llc -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jose Carlos $301,500
Previous Owner Usra Llc $225,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold -- -- --
04/01/2022 04/01/22 Pending -- -- --
05/27/2021 05/27/21 For Sale $420,000 -- $101 / 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 $10,623 $410,000 $85,436 $324,564
2023 $12,561 $485,164 $85,436 $399,728
2022 $8,012 $289,880 $45,298 $244,582
2021 $7,293 $258,023 $45,298 $212,725
2020 $7,489 $260,533 $45,298 $215,235
2019 $10,175 $341,341 $45,298 $296,043
2018 $9,800 $326,901 $45,298 $281,603
2017 $9,889 $327,685 $45,298 $282,387
2016 $6,755 $223,843 $45,298 $178,545
2015 $6,558 $218,477 $45,298 $173,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 357827

Greater McAllen Association of REALTORS®

APN: S4555-00-002-0024-00