NOT LISTED FOR SALE

2716 N 31st St McAllen, TX 78501

Estimated Value: $304,000 - $363,000

-- Bed
8 Baths
3,762 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 11, 2024

Current estimated payment $2,538/month

164 Days on Market

Highlights

  • Mature Trees
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of January 2024

Great investment that is centrally located. On corner lot, four plex offers 3 bedrooms, 1.5 baths. Two units rent for $650 each. One unit rents for $800; one unit rents for $925. Shown by appt. only. Prefer 24-hour notice. Tenants pay electricity. Owner pays water.

Last Agent to Sell the Property

Yolanda Sanchez

Sun Valley Real Estate Listed on: 07/30/2023

Last Buyer's Agent

Jade Avitia

Dolce Vita Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,517

Year Built

  • Built in 1986

Lot Details

  • 8,700 Sq Ft Lot
  • Mature Trees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 3,762 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stove

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Mcauliffe Elementary School
  • De Leon Middle School
  • Rowe High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number D065000000001100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Daffodil Place Subdivision

Building Details

  • Insurance Expense $194
  • Maintenance Expense $148
  • Gross Income $3,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,517

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: From 29th turn west on Harvey. Property located on NE corner of Harvey and N. 31st.
  • Year Built: 1986
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1997
  • Road Surface Type: Paved
  • Subdivision Name: Daffodil Place
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 3500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Carpet, Tile
  • Living Area: 3762

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Curb & Gutters, Mature Trees, Sidewalks
  • 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: Laundry Room, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: McAuliffe
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: De Leon

Lot Info

  • Lot Size Sq Ft: 8699.8032
  • Parcel #: D065000000001100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6517

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 3025
  • Insurance Expense: 194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2023
Closed on
Jan 11, 2024
Sold by
Garcia Cesar and Garcia Antonia
Bought by
Gardner Gerald
Seller's Agent
Yolanda Sanchez
Sun Valley Real Estate
Buyer's Agent
Jade Avitia
Dolce Vita Realty
List Price
$350,000
Views
3
Current Estimated Value
$344,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$329,650
Outstanding Balance
$325,602
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$21,398
Source: Public Records

Range of Values:

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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
Gardner Gerald -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Gerald $329,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold -- -- --
07/30/2023 07/30/23 For Sale $350,000 -- $93 / 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
2024 $7,929 $338,126 $76,125 $262,001
2023 $7,527 $319,948 $76,125 $243,823
2022 $6,517 $262,781 $76,125 $186,656
2021 $6,152 $240,801 $45,675 $195,126
2020 $5,313 $208,280 $45,675 $162,605
2019 $5,333 $210,230 $45,675 $164,555
2018 $4,968 $195,540 $39,150 $156,390
2017 $4,320 $169,391 $39,150 $130,241
2016 $3,555 $139,383 $39,150 $100,233
2015 $3,246 $125,465 $39,150 $86,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 411012

Greater McAllen Association of REALTORS®

APN: D0650-00-000-0011-00