NOT LISTED FOR SALE

2901 Whitewing Ave McAllen, TX 78501

Estimated Value: $452,000 - $683,000

-- Bed
12 Baths
5,566 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 10, 2022

Current estimated payment $4,622/month

34 Days on Market

Highlights

  • Mature Trees
  • Covered Patio or Porch
  • Cul-De-Sac
  • No HOA
  • Balcony
  • Laundry closet

About This Home

As of March 2022

GREAT INVESTMENT OPPORTUNITY available in the CENTER of McAllen, TX! Units are 100% occupied! Come check out this VERY WELL MAINTAINED 6-unit apartment complex built in 2012 with some renovations! The apartment complex is being sold with an attached .33 acre lot giving you the OPPORTUNITY TO BUILD MORE! MINUTES AWAY from South Texas College, Planet Fitness, Flamingo Bowl, Elementary/ Middle/ High Schools, Wal-Mart, Target, Public Library, Shopping Centers, HEB, parks, gasoline stations, and plenty of restaurants. This centrally located multifamily property consists of 6 apartments. Each unit has 2 bedrooms, 2 baths, and is individually metered for water and electricity. DON’T MISS OUT ON THIS AMAZING OPPORTUNITY! Call me today for more information and to schedule your viewing appointment.

Last Agent to Sell the Property

Delfino Cervantes

Reic, Llc Listed on: 01/05/2022

Last Buyer's Agent

Delfino Cervantes

Reic, Llc Listed on: 01/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,847

Year Built

  • Built in 2012

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System
  • Mature Trees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 5,566 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Porcelain Tile
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number L106000000002400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • La Hacienda Estates Subdivision

Building Details

  • Insurance Expense $2,520
  • Maintenance Expense $1,800
  • Gross Income $46,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,847

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Directions: From Expressway 83 exit Ware Rd in Mcallen. Travel north on Ware Rd for 2.5 miles and turn right on W Vine Ave. Turn left on N 29th St. Turn left on Harvey. Turn left on N 30th St. Follow the road as it blends into Whitewing Ave. Destination will be at the end of the cul-de-sac on the right.
  • Year Built: 2012
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.528
  • Road Surface Type: Paved
  • Subdivision Name: La Hacienda Estates
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 7000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Water Heater (Other Location), Electric Cooktop, Dryer, Microwave, Refrigerator
  • Flooring: Porcelain Tile, Tile
  • Living Area: 5566

Exterior Features

  • Exterior Features: Balcony, Mature Trees, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Wood
  • Lot Features: Cul-De-Sac, Mature Trees, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Covered Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 23000.1156
  • Parcel #: L106000000002400
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8847

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 6
  • Annual Gross Income: 46080
  • Insurance Expense: 2520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Mar 10, 2022
Sold by
Fuentes Real Estate Development Llc
Bought by
Gonzalez Jose Reyes and Gonzalez Veronica Lyzett
Seller's Agent
Delfino Cervantes
Reic, Llc
Buyer's Agent
Delfino Cervantes
Reic, Llc
List Price
$732,260
Total Days on Market
34
Current Estimated Value
$611,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$450,000
Outstanding Balance
$182,979
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$480,056

Purchase Details

Closed on
Jun 20, 2012
Sold by
Fuentes Juan Alfredo and Fuentes Omar
Bought by
Fuentes Real Estate Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 24, 2012
Sold by
Fuentes Juan Alfredo and Fuentes Omar
Bought by
Fuentes Real Estate Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 22, 2010
Sold by
H G Construction & Development Co Llc
Bought by
Fuentes Juan Alfredo and Fuentes Omar

Purchase Details

Closed on
Jun 29, 2005
Sold by
Mondragon Jose A and Mondragon Susan M
Bought by
H G Construction & Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.58%
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
Gonzalez Jose Reyes -- New Title Company Name
Fuentes Real Estate Development Llc -- None Available
Fuentes Real Estate Development Llc -- None Available
Fuentes Juan Alfredo -- Sierra Title
H G Construction & Development Co Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jose Reyes $450,000
Previous Owner Fuentes Real Estate Deelopment Llc $270,000
Previous Owner Fuentes Real Estate Development Llc $280,000
Previous Owner H G Construction & Development Co Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold -- -- --
02/07/2022 02/07/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $675,000 -7.8% $121 / Sq Ft
01/04/2022 01/04/22 For Sale $732,260 -- $132 / 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 $15,452 $658,922 $202,398 $456,524
2023 $15,511 $659,303 $202,398 $456,905
2022 $13,406 $540,590 $202,398 $338,192
2021 $8,923 $349,293 $93,149 $256,144
2020 $8,987 $352,294 $93,149 $259,145
2019 $8,946 $352,678 $93,149 $259,529
2018 $8,814 $346,919 $91,999 $254,920
2017 $9,320 $365,394 $91,999 $273,395
2016 $8,242 $323,146 $78,199 $244,947
2015 $8,212 $320,620 $78,199 $242,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 372924

Greater McAllen Association of REALTORS®

APN: L1060-00-000-0024-00