NOT LISTED FOR SALE

2300 W Expressway 83 Unit 8 Palmview, TX 78572

Estimated Value: $832,000

-- Bed
22 Baths
6,752 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 16, 2015

Current estimated payment $6,028/month

83 Days on Market

Highlights

  • 0.77 Acre Lot
  • 14 Car Attached Garage
  • Tile Flooring
  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of June 2015

GREAT INVESTMENT OPPORTUNITY*** MOTIVATED SELLER!! ****PRICED TO SELL BELOW TAX APPRAISED VALUE**** GREAT condition, 7 units 2/1 All units have refrigerator and stove w/d connections , all central A/H. 24 hr notice for showings. 100% rented it.

Last Agent to Sell the Property

Eva Elizondo

Big Realty Listed on: 01/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,358

Year Built

  • Built in 2005

Lot Details

  • 0.77 Acre Lot
  • Privacy Fence

Parking

  • 14 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,752 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Schools

  • Reyna Elementary School
  • Garcia Middle School
  • Palmview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number E845000000001100

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Acres Bonitos Subdivision

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $6,600
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,358

Year Built

Built in 2005

Lot Details

0

Parking

14

Listing Details

  • Directions: WEST ON EXPWAY 83 PASS GOODWIN RD APARTMENTS ON NORTH SIDE
  • Year Built: 2005
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7657
  • Road Surface Type: Paved
  • Subdivision Name: Acres Bonitos
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: RICARDO BENAVIDES
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Other, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 6752
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Privacy
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 14
  • Attached Garage: Yes
  • Covered Parking Spaces: 14
  • Parking Features: Attached, Other Garage or Carport
  • Total Parking Spaces: 14

Utilities

  • Utilities: Internet Access, Cable Available
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Reyna
  • High School: Palmview H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Garcia

Lot Info

  • Lot Size Sq Ft: 33355
  • Parcel #: E845000000001100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 15
  • Tax Annual Amount: 13358

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 8
  • Annual Gross Income: 48000
  • Insurance Expense: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Salas Encarnacion and Salas Ermdinda
Bought by
Royal Tell Llc
Current Estimated Value
$832,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2020
Sold by
Indefree Properties & Investments Llc
Bought by
Infinite Horizon Investments Llc

Purchase Details

Closed on
Feb 5, 2020
Sold by
Garcia Cosme
Bought by
Indefree Properties & Investments Llc

Purchase Details

Closed on
Jul 28, 2017
Sold by
Salas Ruby and Salas Cristal
Bought by
Salas Encarnacion

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jun 5, 2015
Sold by
Flores Idalia and Garcia Norma Idalia
Bought by
Aleyda Enterprises Llc
Seller's Agent
Eva Elizondo
Big Realty
List Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$246,500
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2007
Sold by
Zuniga Sonia
Bought by
Zuniga Alvaro Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,836
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Royal Tell Llc -- Capital Title
Infinite Horizon Investments Llc -- None Available
Indefree Properties & Investments Llc -- None Available
Salas Encarnacion -- None Available
Salas Encarnacion -- None Available
Aleyda Enterprises Llc -- Edwards Abstract & Title Co
Zuniga Alvaro Martinez -- Sierra Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Royal Tell Llc $225,000
Previous Owner Aleyda Enterprises Llc $246,500
Previous Owner Zuniga Alvaro Martinez $92,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2015 06/16/15 Sold -- -- --
04/09/2015 04/09/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $320,000 -- $47 / 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
2025 $19,977 $961,303 $235,153 $726,150
2024 $19,977 $974,469 $235,153 $739,316
2023 $17,090 $687,072 $235,153 $451,919
2022 $16,180 $597,454 $150,098 $447,356
2021 $13,393 $498,188 $150,098 $348,090
2020 $13,704 $504,982 $153,433 $351,549
2019 $13,564 $499,897 $153,433 $346,464
2018 $13,322 $489,701 $153,433 $336,268
2017 $13,889 $513,384 $166,775 $346,609
2016 $13,345 $493,286 $166,775 $326,511
2015 $8,588 $492,940 $166,775 $326,165
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 181491

Greater McAllen Association of REALTORS®

APN: E8450-00-000-0011-00