NOT LISTED FOR SALE

2703 E Garfield Ave Alton, TX 78573

Estimated Value: $344,000 - $480,000

-- Bed
12 Baths
4,088 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 08, 2022

Current estimated payment $3,099/month

17 Days on Market

Highlights

  • Gated Community
  • Laundry closet
  • Central Heating and Cooling System
  • Sharyland North Junior High School Rated A
  • Tile Flooring
  • Masonry wall

About This Home

As of November 2022

Fully Rented fourplex! Perfect for investors. This fourplex is located in a gated subdivision in a great location. All units are 3 bed 2 bath and comes will all appliances. Call today for more info

Last Agent to Sell the Property

Daniel Leal

Re/Max Elite Listed on: 08/05/2022

Re/Max Elite

Last Buyer's Agent

Beatriz Dickens

Mariposa Realty Rgv Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 2017

Lot Details

  • 10,400 Sq Ft Lot
  • Masonry wall
  • Privacy Fence

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,088 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Front Facing Garage

Schools

  • Jensen Elementary School
  • B.L. Gray Junior High
  • Sharyland Pioneer High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S606302000006500

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Stewart Landing Association
  • Stewart Landing Subdivision

Building Details

  • Maintenance Expense $3,600
  • Gross Income $48,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,261

Year Built

Built in 2017

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Directions: From 495 and Stewart Road, head North on Stewart. Keep straight until you reach 4 mile line. Subdivision will be on the right hand side. Once you enter Stewart Landing subdivision, keep straight, 4 Plex will be on the left hand side.
  • Year Built: 2017
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2387
  • Road Surface Type: Paved
  • Subdivision Name: Stewart Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4088

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Dryer, Washer
  • Fencing: Masonry, Other, Privacy
  • Lot Features: Professional Landscaping, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front, No Garage, Other Garage or Carport

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated, Other, Sidewalks, Street Lights
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association Name: Stewart Landing
  • Association: Yes

Schools

  • Elementary School: Jensen
  • High School: Sharyland Pioneer H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: B.L. Gray Junior High

Lot Info

  • Lot Size Sq Ft: 10399.95
  • Parcel #: S606302000006500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8261

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 48000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 9, 2022
Sold by
Deleon Adalberto
Bought by
Vazquez Ramon Rafael Vazqu
Seller's Agent
Daniel Leal
Re/Max Elite
Buyer's Agent
Beatriz Dickens
Mariposa Realty Rgv Inc
List Price
$455,000
Views
5
Current Estimated Value
$434,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.94%
Original Mortgage
$346,500
Outstanding Balance
$335,696
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$98,637

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 15, 2021
Sold by
Coco & Coco Inmobiliary Llc
Bought by
Deleon Adalberto
Seller's Agent
Norma Hinojosa
Re/Max Elite
Buyer's Agent
Daniel Leal
Re/Max Elite
List Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$348,570
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2016
Sold by
V & M Development Llc
Bought by
Coco & Coco Inmobiliary Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vazquez Ramon Rafael Vazqu -- --
Deleon Adalberto -- Valley Land Title
Coco & Coco Inmobiliary Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Ramon Rafael Vazqu $346,500
Previous Owner Deleon Adalberto $348,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2022 11/08/22 Sold -- -- --
08/23/2022 08/23/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $455,000 +30.0% $111 / Sq Ft
04/16/2021 04/16/21 Sold -- -- -- View Prior Sale
03/10/2021 03/10/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $350,000 -- $86 / 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 $9,409 $461,597 $124,800 $336,797
2024 $9,409 $410,379 $95,160 $315,219
2023 $11,743 $513,147 $95,160 $417,987
2022 $9,474 $384,545 $81,120 $303,425
2021 $8,262 $328,102 $62,400 $265,702
2020 $8,689 $328,467 $62,400 $266,067
2019 $8,894 $326,761 $56,160 $270,601
2018 $7,131 $261,324 $51,480 $209,844
2017 $1,413 $51,480 $51,480 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 386709

Greater McAllen Association of REALTORS®

APN: S6063-02-000-0065-00