Estimated payment $2,396/month
Highlights
- No HOA
- Tile Flooring
- Ceiling Fan
- Laundry closet
- Central Heating and Cooling System
- Partially Fenced Property
About This Home
Make some cashflow with This all occupied- 2005 built Fourplex, high rents , tenants have been there for years , tenanrs pay all the utilities to save the owner money. The property nestled near Donna's Main Street, offers an ideal investment prospect. Boasting 2 bedrooms
and 2 bathrooms in each unit, it ensures comfortable living spaces the tenants will love. With the property
FULLY OCCUPIED at $850 rent each, you can enjoy immediate cash flow and returns on your investment! Individual water
and electric meters for each unit, allowing tenants to manage their own utilities. This setup maximizes
profitability and minimizes landlord expenses. BRAND NEW ROOF installed in September 2024. Whether
you're a seasoned investor or a newcomer, this property promises a steady income stream. Don't miss out
on the chance to own a piece of this lucrative real estate landscape. Schedule your viewing today and
secure your financial future!
Property tax per 2024 were $6,097
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,193
Year Built
- Built in 2005
Lot Details
- 0.26 Acre Lot
- Partially Fenced Property
- Wood Fence
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 3,740 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Electric Cooktop
- Stove
Laundry
- Laundry closet
- Dryer
- Washer
Schools
- Rivas Elementary School
- Solis Middle School
- Donna High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number D680000033000201
Community Details
Overview
- No Home Owners Association
- Donna Original Townsite Subdivision
Building Details
- Insurance Expense $2,000
- Maintenance Expense $200
- Gross Income $40,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,151 | $307,325 | $42,188 | $265,137 |
| 2023 | $8,162 | $310,280 | $42,188 | $268,092 |
| 2022 | $6,870 | $247,896 | $42,188 | $205,708 |
| 2021 | $6,196 | $219,669 | $42,188 | $177,481 |
| 2020 | $6,384 | $218,761 | $39,375 | $179,386 |
| 2019 | $6,166 | $208,356 | $27,000 | $181,356 |
| 2018 | $5,879 | $198,196 | $27,000 | $171,196 |
| 2017 | $6,164 | $195,045 | $27,000 | $168,045 |
| 2016 | $4,588 | $145,174 | $16,875 | $128,299 |
| 2015 | $3,033 | $138,017 | $16,875 | $121,142 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Price Changed | $315,000 | -1.6% | $84 / Sq Ft |
| 06/28/2025 06/28/25 | Price Changed | $320,000 | -4.5% | $86 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $335,000 | -4.3% | $90 / Sq Ft |
| 03/21/2025 03/21/25 | For Sale | $350,000 | +52.2% | $94 / Sq Ft |
| 10/21/2020 10/21/20 | Sold | -- | -- | -- |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- |
| 07/31/2020 07/31/20 | For Sale | $230,000 | 0.0% | $61 / Sq Ft |
| 06/30/2020 06/30/20 | Off Market | -- | -- | -- |
| 05/22/2020 05/22/20 | Price Changed | $230,000 | +4.5% | $61 / Sq Ft |
| 05/22/2020 05/22/20 | For Sale | $220,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | San Jacinto Title Services |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,250 | New Conventional |
Source: Greater McAllen Association of REALTORS®
MLS Number: 465684
APN: D6800-00-033-0002-01
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.
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.
Information deemed reliable but not guaranteed.
Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.
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