$210,000
SOLD APR 25, 2022
Last list price

225 N 28th St McAllen, TX 78501

-- Bed
-- Bath
2,838 Sq Ft
5,502 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Slab Porch or Patio
  • Tile Flooring
  • Window Unit Cooling System
  • Laundry closet
  • Ceiling Fan

About This Home

As of April 2022

Great cash flowing investment property
property appraised more than the listing price a few months ago

Last Agent to Sell the Property

Miguel Vargas

Tnt Real Estate Listed on: 02/24/2022

Last Buyer's Agent

Olga Arriaga

Dolce Vita Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1983

Lot Details

  • 5,502 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,838 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Laundry closet

Kitchen

  • Stove
  • <<microwave>>

Outdoor Features

  • Slab Porch or Patio

Schools

  • Alvarez Elementary School
  • Lincoln Middle School
  • Rowe High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number A230000000002700

Community Details

Overview

  • No Home Owners Association
  • Alaniz Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $60
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,010

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: from the expressway, Head north on S 29th St/Rooth Rd toward W Lindberg Ave then Turn right onto Ash Ave W/Lunds Lane(Ash) W and then Turn left onto N 28th St Destination will be on the left
  • Year Built: 1983
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1263
  • Road Surface Type: Paved
  • Subdivision Name: Alaniz
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 2838

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Microwave
  • Fencing: Chain Link
  • Lot Features: Alley
  • Home Warranty: No
  • Construction Type: Brick, Stucco, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Parking Features: Other Garage or Carport

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Alvarez
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 5502.0636
  • Parcel #: A230000000002700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3010

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 21600
  • Insurance Expense: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 27, 2022
Sold by
Paul Dela Fuente and Rivera Susana
Bought by
Arriaga Jason Guajardo and Polaco Edward Louis
Seller's Agent
Miguel Vargas
Tnt Real Estate
Buyer's Agent
Olga Arriaga
Dolce Vita Realty
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$171,700
Outstanding Balance
$164,088
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$106,302

Purchase Details

Listed on
Oct 12, 2015
Closed on
Oct 30, 2015
Sold by
Jesus & Gloria Alaniz Living Trust
Bought by
Dela Fuente Paul and Garciadelrio Fernando
Seller's Agent
Deldi Ortegon
Keller Williams Realty Rgv
List Price
$110,000
Sold Price
$94,400
Premium/Discount to List
-$15,600
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%
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 Type Sale Price Title Company
Deed -- New Title Company Name
Warranty Deed -- Sierra Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $279,900 +33.3% $99 / Sq Ft
04/25/2022 04/25/22 Sold -- -- --
02/25/2022 02/25/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $210,000 +90.9% $74 / Sq Ft
11/02/2015 11/02/15 Sold -- -- --
10/19/2015 10/19/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $110,000 -- $13 / 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 $4,921 $213,110 $42,075 $171,035
2023 $4,114 $174,852 $42,075 $132,777
2022 $3,260 $131,475 $30,250 $101,225
2021 $2,991 $117,068 $30,250 $86,818
2020 $3,006 $117,837 $30,250 $87,587
2019 $3,058 $120,567 $30,250 $90,317
2018 $2,807 $110,501 $24,200 $86,301
2017 $2,864 $112,289 $24,200 $88,089
2016 $1,839 $72,097 $24,200 $47,897
2015 $1,595 $65,252 $24,200 $41,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 377042

Greater McAllen Association of REALTORS®

APN: A2300-00-000-0027-00