NOT LISTED FOR SALE

2604 E Franklin Ave Alton, TX 78573

Estimated Value: $457,000 - $484,000

-- Bed
12 Baths
4,350 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 26, 2020

Current estimated payment $3,274/month

209 Days on Market

Highlights

  • Gated Community
  • Double Pane Windows
  • Patio
  • Sharyland North Junior High School Rated A
  • Walk-In Closet
  • Laundry closet

About This Home

As of October 2020

Beautiful luxury apartments located the gated Stewart Landing!!! All 4 units are currently leased!!! Each unit features three bedrooms, two bathrooms, granite counter-tops, tile throughout, and custom cabinetry. All appliances convey. Zoned to Sharyland ISD!!! Schedule your showing today!!! Great investment opportunity!!!

Last Agent to Sell the Property

Monica Acevedo

The International Real Estate Company Listed on: 02/05/2020

Last Buyer's Agent

Mark Cardenas

Exp Realty Llc

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,073

Year Built

  • Built in 2015

Lot Details

  • 9,775 Sq Ft Lot
  • Privacy Fence

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

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

Interior Spaces

  • 4,350 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Jensen Elementary School
  • North Jr. High Middle School
  • Sharyland Pioneer High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S606301000000800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Stuart Landing HOA
  • Stewart Landing Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $75
  • Gross Income $100

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,073

Year Built

Built in 2015

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Directions: North on Stuart Rd from 4 mile, East on Franklin.
  • Year Built: 2015
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2244
  • Road Surface Type: Paved
  • Subdivision Name: Stewart Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: The International Real Estate Company
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Disposal, Dryer, Oven-Single, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4350
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Other Garage or Carport

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • 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: Gated
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association Name: Stuart Landing HOA
  • Association: Yes

Schools

  • Elementary School: Jensen
  • High School: Sharyland Pioneer H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: North Jr. High

Lot Info

  • Lot Size Sq Ft: 9774.864
  • Parcel #: S606301000000800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9073

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 100
  • Insurance Expense: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Oct 23, 2020
Sold by
Godino Roman
Bought by
Chen Zhixiang
Seller's Agent
Monica Acevedo
The International Real Estate Company
Buyer's Agent
Mark Cardenas
Exp Realty Llc
List Price
$335,000
Current Estimated Value
$471,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$249,000
Outstanding Balance
$221,069
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$250,265

Purchase Details

Listed on
Jun 14, 2017
Closed on
Sep 15, 2017
Sold by
Villarreal Rigoberto
Bought by
Godino Roman
Seller's Agent
Norma Hinojosa
Re/Max Elite
List Price
$324,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$312,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2015
Sold by
V & M Development Llc
Bought by
Villarreal Rigoberto
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Chen Zhixiang -- Valley Land Title
Godino Roman -- Valley Land Title Company
Villarreal Rigoberto -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhixiang $249,000
Previous Owner Godino Roman $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2020 10/26/20 Sold -- -- --
08/31/2020 08/31/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $335,000 0.0% $77 / Sq Ft
07/13/2020 07/13/20 Off Market -- -- --
07/03/2020 07/03/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $335,000 0.0% $77 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $335,000 0.0% $77 / Sq Ft
08/01/2019 08/01/19 Rented $850 0.0% --
07/02/2019 07/02/19 Under Contract -- -- --
06/18/2019 06/18/19 For Rent $850 0.0% --
06/14/2019 06/14/19 Rented $850 -5.6% --
05/15/2019 05/15/19 Under Contract -- -- --
04/30/2019 04/30/19 For Rent $900 +5.9% --
09/21/2018 09/21/18 Rented $850 0.0% --
08/22/2018 08/22/18 Under Contract -- -- --
04/12/2018 04/12/18 For Rent $850 0.0% --
09/15/2017 09/15/17 Sold -- -- -- View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $324,500 -- $75 / 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 $9,186 $425,316 $117,300 $308,016
2024 $9,186 $400,660 $89,441 $311,219
2023 $8,816 $385,250 $89,441 $295,809
2022 $8,253 $335,000 $76,245 $258,755
2021 $8,422 $334,464 $58,650 $275,814
2020 $8,854 $334,693 $58,650 $276,043
2019 $8,710 $320,000 $52,785 $267,215
2018 $8,284 $303,559 $48,386 $255,173
2017 $7,284 $265,473 $48,386 $217,087
2016 $6,301 $229,628 $48,386 $181,242
Source: Public Records

Agents Affiliated with this Home

  • Monica Acevedo

    Seller's Agent in 2020

    Monica Acevedo

    The International Real Estate Company

    (956) 400-0192

    8 in this area

    191 Total Sales

    Monica Acevedo
    Section Image
  • Mark Cardenas

    Buyer's Agent in 2020

    Mark Cardenas

    Exp Realty Llc

    (956) 647-6994

    1 in this area

    30 Total Sales

    Mark Cardenas
    Section Image
  • Norma Hinojosa

    Seller's Agent in 2017

    Norma Hinojosa

    RE/MAX

    (956) 600-1502

    5 in this area

    53 Total Sales

    Norma Hinojosa
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 328696

Greater McAllen Association of REALTORS®

APN: S6063-01-000-0008-00

Texas Hidalgo County Alton 78573

2604 E Franklin Ave, Alton, TX

Not Listed for Sale

MultiFamily

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