$468,000
$47K PRICE DROP

300 S Ridge Ln San Juan, TX 78589

Estimated payment $3,637/month

Total Views 7,184
-- Bed
-- Bath
4,480 Sq Ft
$104 Price per Sq Ft

Highlights

  • High Ceiling
  • Balcony
  • Walk-In Closet
  • No HOA
  • Double Pane Windows
  • Laundry closet

About This Home

This modern 4-plex, built in 2020, offers an excellent investment opportunity with four spacious units, each featuring 1,120 sq. ft. of living space. Every unit is equipped with kitchen appliances and in-unit washer and dryer, ensuring comfort and convenience for tenants. The property is centrally located, offering easy access to essential services and amenities, making it highly desirable for renters. The stucco exterior and clay roof add durability, and with no HOA fees, the property offers additional value. Well-maintained and move-in ready, this 4-plex is a solid addition to any investment portfolio.

Listing Agent

Tania Salinas

Re/Max Elite Listed on: 03/13/2025

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,105

Year Built

  • Built in 2020

Lot Details

  • 0.26 Acre Lot
  • Wood Fence

Home Design

  • Quadruplex
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,480 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • No Garage

Outdoor Features

  • Balcony

Schools

  • North San Juan Elementary School
  • Lbj Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S455500002001100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • South Ridge Estates Subdivision

Building Details

  • Maintenance Expense $100
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,105

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Directions: from expressway 281 exit on Nolana then turn right onto Raul Longoria apartments will be on your right on S Ridge Ln.
  • Year Built: 2020
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2632
  • Road Surface Type: Paved
  • Subdivision Name: South Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Clay Tile
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4480
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Deck/Balcony/Porch
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: No Carport, No Garage, Other Garage or Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • 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: Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: North San Juan
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 11464.992
  • Parcel #: S455500002001100

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13105

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 46800

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $13,105 $505,778 $85,424 $420,354
2023 $13,099 $505,912 $85,424 $420,488
2022 $8,304 $300,458 $45,292 $255,166
2021 $4,959 $175,447 $45,292 $130,155
2020 $1,302 $45,292 $45,292 $0
2019 $1,350 $45,292 $45,292 $0
2018 $1,358 $45,292 $45,292 $0
2017 $1,367 $45,292 $45,292 $0
2016 $1,367 $45,292 $45,292 $0
2015 $1,349 $45,292 $45,292 $0
2014 $1,349 $45,292 $45,292 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $468,000 -2.5% $104 / Sq Ft
07/14/2025 07/14/25 Price Changed $479,900 0.0% $107 / Sq Ft
07/08/2025 07/08/25 Price Changed $480,000 -0.4% $107 / Sq Ft
06/03/2025 06/03/25 Price Changed $482,000 -0.4% $108 / Sq Ft
05/23/2025 05/23/25 Price Changed $483,780 -0.3% $108 / Sq Ft
05/07/2025 05/07/25 Price Changed $485,000 -1.0% $108 / Sq Ft
04/01/2025 04/01/25 Price Changed $490,000 -4.9% $109 / Sq Ft
03/13/2025 03/13/25 For Sale $515,000 -- $115 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 465063

Greater McAllen Association of REALTORS®

APN: S4555-00-002-0011-00