NOT LISTED FOR SALE

3009 S L St McAllen, TX 78503

Estimated Value: $565,000 - $581,000

-- Bed
8 Baths
5,252 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 18, 2020

Current estimated payment $3,812/month

9 Days on Market

Highlights

  • High Ceiling
  • Double Pane Windows
  • Walk-In Closet
  • No HOA
  • Solar Screens
  • Slab Porch or Patio

About This Home

As of August 2020

3009 S L St is a great multi-family asset opportunity. Built in 2018, this beautiful complex consists of 4 units with 3 bed and 2.5 bath with 1,100 living sq ft per unit. Property is 100% occupied. Complex is located, and has easy access to S McColl Rd, near Rio Grande Regional Hospital and McAllen Heart Hospital. Property offers a gross operating income of $4,400 per month

Last Agent to Sell the Property

Allen Lozano

Big Realty Listed on: 07/01/2020

Last Buyer's Agent

Allen Lozano

Big Realty Listed on: 07/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,897

Year Built

  • Built in 2018

Lot Details

  • 8,940 Sq Ft Lot
  • Wood Fence

Home Design

  • Quadruplex
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 5,252 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Porcelain Tile
  • Laundry closet

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Outdoor Features

  • Slab Porch or Patio

Schools

  • Palmer Elementary School
  • Kennedy Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Las Canadas Subdivision

Building Details

  • Insurance Expense $153
  • Maintenance Expense $197
  • Gross Income $4,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,897

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Directions: Head North on S McColl Rd and turn right on E El Rancho Rd. Turn left on S H St. Continue North until you reach E Pine Ridge Ave. Turn right on S K Center St and pass the culdesac, the road turns into S L St. Complex will be on your right hand side.
  • Year Built: 2018
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2052
  • Road Surface Type: Paved
  • Subdivision Name: Las Canadas
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 5000
  • GMAR_LicensedSupervisor: Ricardo Benavides
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Clay Tile
  • Appliances: Electric Water Heater, Other
  • Flooring: Porcelain Tile
  • Living Area: 5252
  • Window Features: Energy Features (Double Pane Windows), Energy Feature (Solar Screen)

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Palmer
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 8939.8188
  • Parcel #: n/a
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9897

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 4400
  • Insurance Expense: 153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 20, 2020
Sold by
Chapa Group Ltd
Bought by
Gallegos Enrique
Seller's Agent
Allen Lozano
Big Realty
Buyer's Agent
Allen Lozano
Big Realty
List Price
$450,000
Current Estimated Value
$573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$335,625
Outstanding Balance
$301,712
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$211,288

Purchase Details

Closed on
Nov 21, 2019
Sold by
Lopez Macario Oscanas
Bought by
Gutierrez Elizabeth Espino

Purchase Details

Closed on
Jun 18, 2012
Sold by
Ocanas Ruben
Bought by
Ocanas Lopez Macario
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
Gallegos Enrique -- Edwards Abstract And Ttl Co
Gutierrez Elizabeth Espino -- None Available
Ocanas Lopez Macario -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Enrique $335,625
Previous Owner Chapa Group Ltd $323,200
Closed Ocanas Lopez Macario $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold -- -- --
07/10/2020 07/10/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $450,000 -- $86 / 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 $8,569 $447,575 $42,912 $404,663
2023 $10,607 $447,575 $42,912 $404,663
2022 $10,742 $418,445 $42,912 $375,533
2021 $9,668 $366,998 $42,912 $324,086
2020 $9,481 $355,000 $42,912 $312,088
2019 $3,173 $114,918 $42,912 $72,006
2018 $1,191 $42,912 $42,912 $0
2017 $1,199 $42,912 $42,912 $0
2016 $1,499 $53,640 $53,640 $0
2015 $1,478 $53,640 $53,640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 337261

Greater McAllen Association of REALTORS®

APN: L3149-00-002-0028-00