$435,000
$15K PRICE DROP

Estimated payment $3,019/month

Total Views 4,279
-- Bed
-- Bath
3,000 Sq Ft
$145 Price per Sq Ft

Highlights

  • 0.73 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Corner Lot
  • Tile Flooring
  • 1-Story Property

About This Home

NICE 5PLEX FOR SALE, 2 UNITS ARE STUDIOS (OPEN CONCEPT) EACH ONE FULL BATHROOM, 2 UNITS ARE 1 BEDROOM, 1 BATH, & 1 UNIT IS 2 BEDS, 1 BATH, MONTHLY RENT INCOME IS $3,650+, BIG 0.75 (3/4) ACRE LOT, ROOM FOR ONE MORE BUILDING, INCLUDES 8 SECURITY CAMERAS WITH SALE, AC MINI SPLITS IN EVERY UNIT, RENT INCLUDES WATER & TRASH COLLECTION, TENANTS PAY FOR ELECTRICITY. 5PLEX WELL LOCATED IN A CORNER LOT ON ABRAMS RD & EL BARQUITO ST. PALMVIEW, TX. QUICK ACCESS TO EXP 83, AND CLOSE TO HEB, FOOD ESTABLISHMENTS, AND MANY MORE! BUILDING & UNITS ARE IN GOOD CONDITION, GOOD INVESTMENT OPPORTUNITY, INCOME PRODUCING PROPERTY! ((( N E G O T I A B L E ! )))

Listing Agent

Francisco Pacheco

Alliance Real Estate Group Listed on: 12/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,409

Year Built

  • Built in 2005

Lot Details

  • 0.73 Acre Lot
  • Barbed Wire
  • Corner Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Stove

Schools

  • Flores Elementary School
  • Chavez Middle School
  • La Joya High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number E348000000003400

Community Details

Overview

  • No Home Owners Association
  • El Barquito Subdivision

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $100
  • Gross Income $3,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,409

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: FROM EXP 83 HEAD SOUTH ON ABRAMS RD, UNTIL CORNER WITH EL BARQUITO ST. TURN RIGHT, HOUSE ON CORNER ON LEFT.
  • Year Built: 2005
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7316
  • Road Surface Type: Paved
  • Subdivision Name: El Barquito
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 4500
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Other), Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3000

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Other
  • Fencing: Barbed Wire
  • Lot Features: Corner Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • Cooling: Central Air, Other HVAC
  • Cooling Y N: Yes
  • Heating: Central, Other HVAC
  • Heating Yn: Yes
  • Sewer: City Sewer, Other

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Flores
  • High School: La Joya H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Chavez

Lot Info

  • Lot Size Sq Ft: 31868.0604
  • Parcel #: E348000000003400

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7409

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 5
  • Annual Gross Income: 3650
  • Insurance Expense: 2500

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,511 $297,854 $76,481 $221,373
2023 $7,154 $287,637 $63,734 $223,903
2022 $6,344 $234,261 $63,734 $170,527
2021 $5,648 $210,083 $63,734 $146,349
2020 $6,029 $222,163 $63,734 $158,429
2019 $5,754 $212,066 $63,734 $148,332
2018 $5,772 $212,181 $63,734 $148,447
2017 $3,375 $124,739 $41,427 $83,312
2016 $3,426 $126,651 $41,427 $85,224
2015 $2,597 $128,668 $41,427 $87,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $435,000 -2.2% $145 / Sq Ft
05/08/2025 05/08/25 Price Changed $445,000 -1.1% $148 / Sq Ft
12/05/2024 12/05/24 For Sale $450,000 -- $150 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- Edwards Abstract
Trustee Deed $74,258 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Assumption
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 456119

Greater McAllen Association of REALTORS®

APN: E3480-00-000-0034-00