NOT LISTED FOR SALE

2709 E Franklin Ave Alton, TX 78573

Estimated Value: $348,000 - $527,000

Studio
12 Baths
4,408 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 19, 2020

Current estimated payment $3,253/month

78 Days on Market

Highlights

  • Gated Community
  • High Ceiling
  • Walk-In Closet
  • Sharyland North Junior High School Rated A
  • Built-In Features
  • Slab Porch or Patio

About This Home

As of March 2020

New Construction 4 PLEX FOR SALE all units are 3bedroom/2 bath and come with granite counter-tops, tile throughout, custom solid wood cabinetry, designer ceilings, stainless steel appliances, alarm system for added security and sprinkler system located in the Steward Landing gated community. Zoned to Sharlyland ISD.

Last Agent to Sell the Property

Elias Q

Re/Max Elite Listed on: 12/09/2019

Re/Max Elite

Last Buyer's Agent

Grace Montalvo

Weichert, Realtors - Montalvo & Associates

Weichert, Realtors - Montalvo & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,943

Year Built

  • Built in 2018

Lot Details

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

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 4,408 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Home Security System
  • Electric Range

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Slab Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number S606302000003800

Community Details

Overview

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

Building Details

  • Insurance Expense $1,700
  • Gross Income $44,400

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,943

Year Built

Built in 2018

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: From 495 and Stewart Road go north on Stewart Rd until you pass 4 mile line the subdivision will be on your right.
  • Year Built: 2018
  • 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
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: High
  • GMAR_LicensedSupervisor: Norma Hinojosa
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4408

Exterior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Walk-In Closet(s)
  • Fencing: Masonry, Other, Privacy
  • Lot Features: Curb & Gutters, Sidewalks
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: STEWART LANDING
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10399.95
  • Parcel #: S606302000003800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8943

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 44400
  • Insurance Expense: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Mar 13, 2020
Sold by
Maldonado Ramon and Maldonado Lillian
Bought by
Gsrw One Llc
Seller's Agent
Elias Q
Re/Max Elite
Buyer's Agent
Grace Montalvo
Weichert, Realtors - Montalvo & Associates
List Price
$342,000
Current Estimated Value
$451,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Apr 12, 2018
Sold by
V & M Development Llc
Bought by
Maldonado Ramon and Maldonado Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
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
Gsrw One Llc -- Sierra Title
Maldonado Ramon -- Sierra Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Ramon $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold -- -- --
02/25/2020 02/25/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $342,000 -- $78 / 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 $10,186 $488,575 $124,800 $363,775
2024 $10,186 $444,268 $95,160 $349,108
2023 $11,655 $509,277 $95,160 $414,117
2022 $9,873 $400,721 $81,120 $319,601
2021 $8,547 $339,425 $62,400 $277,025
2020 $9,056 $342,336 $62,400 $279,936
2019 $10,463 $384,402 $56,160 $328,242
2018 $1,405 $51,480 $51,480 $0
2017 $1,413 $51,480 $51,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Elias Q

    Seller's Agent in 2020

    Elias Q

    RE/MAX

    (956) 607-3600

    2 in this area

    63 Total Sales

    Elias Q
    Section Image
  • Grace Montalvo

    Buyer's Agent in 2020

    Grace Montalvo

    Weichert, Realtors - Montalvo & Associates

    (956) 342-0034

    11 in this area

    72 Total Sales

    Grace Montalvo
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 324529

Greater McAllen Association of REALTORS®

APN: S6063-02-000-0038-00

Texas Hidalgo County Alton 78573

2709 E Franklin Ave, Alton, TX

Not Listed for Sale

MultiFamily

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