NOT LISTED FOR SALE

2901 N 29th Ln McAllen, TX 78501

Estimated Value: $606,000

-- Bed
12 Baths
3,634 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 04, 2021

Current estimated payment $3,739/month

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of June 2021

LOCATION, LOCATION! THIS SIX-PLEX IS CLOSE TO CITY PARKS, SCHOOLS, MCALLEN LIBRARY, WALMART, TARGET, AND OTHER SHOPPING CENTERS. FULLY OCCUPIED 1B/1B APTS WITH WASHER AND DRYER CONNECTIONS AND TILE FLOORS ON A CORNER LOT WITH PARKING ON THE FRONT AND BACK OF THE BUILDING. TILE FLOORS. GREAT INVESTMENT OPPORTUNITY WITH LOTS OF POTENTIAL

Last Agent to Sell the Property

Monica Santos

Tnt Real Estate Listed on: 05/07/2021

Last Buyer's Agent

Anthony Longoria

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 1991

Lot Details

  • 9,620 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,634 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • 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 L132000000004900

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • La Lomita Estates Subdivision

Building Details

  • Insurance Expense $5,991
  • Maintenance Expense $2,000
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,854

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: FROME DAFFODILE AVE. GO SOUTH ON 29TH LN , APARTMENTS WILL BE ON THE RIGHT SIDE
  • Year Built: 1991
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2208
  • Road Surface Type: Paved
  • Subdivision Name: La Lomita Estates
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3634

Exterior Features

  • Exterior Features: Other
  • Fencing: Other
  • Lot Features: Curb & Gutters, Sidewalks
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

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: 9619.7904
  • Parcel #: L132000000004900
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4854

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 6
  • Annual Gross Income: 34200
  • Insurance Expense: 5991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Tierra Rgv Group Ltd
Bought by
Rguerrero Investment Properties Llc
Current Estimated Value
$606,000

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 4, 2021
Sold by
Vidal Maria Elena and Vidal Jorge
Bought by
Series 2 2901 N 29Th Sereies Of Cahupala
Seller's Agent
Monica Santos
Tnt Real Estate
Buyer's Agent
Anthony Longoria
List Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Source: Public Records

Range of Values:

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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
Rguerrero Investment Properties Llc -- --
Series 2 2901 N 29Th Sereies Of Cahupala -- Valley Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold -- -- --
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $259,900 -- $72 / 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 $5,558 $237,013 $84,656 $152,357
2023 $5,521 $234,666 $84,656 $150,010
2022 $5,542 $223,491 $84,656 $138,835
2021 $4,896 $191,665 $43,290 $148,375
2020 $4,933 $193,353 $43,290 $150,063
2019 $4,947 $195,041 $43,290 $151,751
2018 $4,701 $185,041 $38,480 $146,561
2017 $4,532 $177,683 $38,480 $139,203
2016 $4,425 $173,493 $38,480 $135,013
2015 $4,184 $160,316 $38,480 $121,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 355561

Greater McAllen Association of REALTORS®

APN: L1060-00-000-0049-00