NOT LISTED FOR SALE

2132 W Iris Ave McAllen, TX 78501

Estimated Value: $306,000 - $428,000

-- Bed
16 Baths
3,789 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 03, 2020

Current estimated payment $2,459/month

7 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Walk-In Closet
  • Milam Elementary School Rated A
  • Double Pane Windows
  • Patio

About This Home

As of December 2020

Great investment or owner-occupied four-plex property centrally located at 2132 W Iris Ave McAllen, TX. It is in walking distance or a short drive to retail stores, McAllen Public Library, schools, doctors office, soccer field, grocery stores and restaurants. Each unit contains 2 large bedrooms, 2 bathrooms, a spacious kitchen with a dining area, and a large living room. 3 of the 4 units have large backyards with storage sheds. The shingles on the roof were installed 4 years ago. This townhouse-like property has a peaceful feel surrounded by nice shaded trees with ample parking at the entrance of the property. This property is part of a 7 building investment portfolio with a total of 59 units that can purchased as a package or individually. Please inquire about package pricing.

Last Agent to Sell the Property

Juan Carpio

Keller Williams Realty RGV Listed on: 10/28/2020

Keller Williams Realty RGV

Last Buyer's Agent

Silvia Medina

Medina Metro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Mature Trees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 3,789 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Garage
  • 4 Carport Spaces
  • Front Facing Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Mcauliffe Elementary School
  • Cathey Middle School
  • Mcallen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M038000000000200

Community Details

Overview

  • No Home Owners Association
  • Magic Garden Subdivision

Building Details

  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,259

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Directions: 3 Blocks South of W Nolana Ave on 23rd St. Then East on W Iris Ave to property.
  • Year Built: 1994
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.416
  • Road Surface Type: Paved
  • Subdivision Name: Magic Garden
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3789
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Mature Trees, Sidewalks
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None), Storage
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Garage Faces Front, Detached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • 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: McAuliffe
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 18120.96
  • Parcel #: M038000000000200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5259

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 34800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 3, 2020
Sold by
Deanda Maria
Bought by
Medina Antelia S and Romero Maria L
Seller's Agent
Juan Carpio
Keller Williams Realty RGV
Buyer's Agent
Silvia Medina
Medina Metro Realty
List Price
$300,000
Current Estimated Value
$351,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$150,000
Outstanding Balance
$134,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$237,340

Purchase Details

Listed on
May 8, 2017
Closed on
May 30, 2017
Sold by
Buthcer Evan Lawrence and Butcher Alma Y
Bought by
Deanda Jesus Trujillo and Deanda Maria
Seller's Agent
Norma Elizondo
Red Door Real Estate Services
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Forest Valley Developers Ltd
Bought by
Pena Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,900
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2005
Sold by
Pena Jose Luis
Bought by
Hutcher Evan Lawrence and Hutcher Alma Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,654
Interest Rate
5.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Medina Antelia S -- Edwards Abstract And Ttl Co
Deanda Jesus Trujillo -- None Available
Pena Jose Luis -- None Available
Hutcher Evan Lawrence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Antelia S $150,000
Previous Owner Pena Jose Luis $26,900
Previous Owner Hutcher Evan Lawrence $206,654
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold -- -- --
11/03/2020 11/03/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $300,000 +20.0% $79 / Sq Ft
05/31/2017 05/31/17 Sold -- -- --
05/08/2017 05/08/17 For Sale $250,000 -- $33 / 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 $6,544 $279,045 $99,665 $179,380
2023 $6,565 $279,045 $99,665 $179,380
2022 $6,885 $277,613 $99,665 $177,948
2021 $7,167 $280,522 $99,665 $180,857
2020 $5,259 $206,159 $99,665 $106,494
2019 $6,251 $246,454 $99,665 $146,789
2018 $7,584 $298,530 $126,847 $171,683
2017 $7,057 $276,664 $126,847 $149,817
2016 $6,246 $244,897 $126,847 $118,050
2015 $6,039 $234,523 $126,847 $107,676
Source: Public Records

Agents Affiliated with this Home

  • Juan Carpio

    Seller's Agent in 2020

    Juan Carpio

    Keller Williams Realty RGV

    (956) 928-1155

    47 Total Sales

    Juan Carpio
    Section Image
  • Silvia Medina

    Buyer's Agent in 2020

    Silvia Medina

    Medina Metro Realty

    (956) 369-6196

    7 Total Sales

    Silvia Medina
    Section Image
  • Norma Elizondo

    Seller's Agent in 2017

    Norma Elizondo

    Red Door Real Estate Services

    (956) 533-2249

    43 Total Sales

    Norma Elizondo
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 345573

Greater McAllen Association of REALTORS®

APN: M0380-00-000-0002-00

Texas Hidalgo County McAllen 78501

2132 W Iris Ave, McAllen, TX

This home is located at 2132 W Iris Ave, McAllen, TX 78501 since 28 October 2020 and is currently estimated at $351,333, approximately $92 per square foot. This property was built in 1994. 2132 W Iris Ave is a home located in Hidalgo County with nearby schools including Milam Elementary School, Morris Middle School, and McAllen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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