NOT LISTED FOR SALE

Estimated Value: $681,369 - $703,000

-- Bed
16 Baths
8,286 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 24, 2024

Current estimated payment $5,180/month

145 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Laundry closet
  • No HOA
  • Slab Porch or Patio
  • Porcelain Tile

About This Home

As of May 2024

Investment opportunity! 8-plex unit conveniently located near shopping and restaurants. Consisting of 2 bedrooms and 2 full baths. Each units comes with stove and refrigerator. All units are currently occupied. Dont miss out! Schedule your showing today!

Last Agent to Sell the Property

Hector Garza Jr.

Re/Max Elite Listed on: 12/08/2023

Re/Max Elite

Last Buyer's Agent

MICHELLE STERNBERG

Re/Max Elite

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,316

Year Built

  • Built in 2001

Lot Details

  • 0.84 Acre Lot
  • Chain Link Fence
  • Corner Lot

Parking

  • 16 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 8,286 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Porcelain Tile
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Outdoor Features

  • Slab Porch or Patio
  • Outdoor Storage
  • Outbuilding

Schools

  • Kika De La Garza Elementary School
  • La Joya Palmview Middle School
  • La Joya High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number L116002000004700

Community Details

Overview

  • No Home Owners Association
  • La Homa Terracce Ph 2 Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $480
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,316

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Directions: From Buddy Owens Drive West to La Homa Rd on la Homa turn North. Pass Mile 4 Rd. Property is on the corner of W 66th and La Homa.
  • Year Built: 2001
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8368
  • Road Surface Type: Paved
  • Subdivision Name: La Homa Terracce Ph 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 7000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Porcelain Tile
  • Living Area: 8286
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Chain Link
  • Lot Features: Corner Lot, Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other), Storage
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 16
  • Covered Parking Spaces: 16
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 16

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Elementary School: Kika De la Garza
  • High School: La Joya H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: La Joya Palmview

Lot Info

  • Lot Size Sq Ft: 36451.008
  • Parcel #: L116002000004700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12316

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 8
  • Annual Gross Income: 67200
  • Insurance Expense: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
May 24, 2024
Sold by
Alvarado Juan Carlos and Alvarado Elma L
Bought by
Vera Jose Felipe
Seller's Agent
Hector Garza Jr.
Re/Max Elite
Buyer's Agent
MICHELLE STERNBERG
Re/Max Elite
List Price
$688,000
Views
53
Current Estimated Value
$692,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
Mar 3, 2014
Sold by
Meza Santiago
Bought by
Alvarado Juan Carlos and Alvarado Elma L

Purchase Details

Closed on
Dec 6, 2012
Sold by
Moreno Melba V
Bought by
Meza Santiago

Purchase Details

Closed on
Dec 2, 2008
Sold by
Moreno Melba Virginia
Bought by
Alvarado Juan Carlos and Alvarado Elma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back
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
Vera Jose Felipe -- None Listed On Document
Alvarado Juan Carlos -- None Available
Meza Santiago -- None Available
Alvarado Juan Carlos $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Juan Carlos $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold -- -- --
05/01/2024 05/01/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $688,000 -- $83 / 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 $16,911 $866,446 $247,876 $618,570
2023 $14,487 $751,112 $125,761 $625,351
2022 $12,316 $566,617 $91,131 $475,486
2021 $9,911 $452,931 $91,131 $361,800
2020 $9,912 $447,760 $82,018 $365,742
2019 $9,951 $449,584 $82,018 $367,566
2018 $9,820 $442,286 $82,018 $360,268
2017 $9,577 $429,383 $82,018 $347,365
2016 $9,308 $417,333 $82,018 $335,315
2015 $7,931 $401,551 $82,018 $319,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 420977

Greater McAllen Association of REALTORS®

APN: L1160-02-000-0047-00