NOT LISTED FOR SALE

301 Beech Ave McAllen, TX 78501

Studio
2 Baths
13,093 Sq Ft
0.49 Acres

Last Sold June 29, 2018

77 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 26 Car Garage
  • Window Unit Cooling System
  • Ceiling Fan
  • Partially Fenced Property

About This Home

As of June 2018

Great location off 2nd Street and Business 83! All units are 1/1 apartments; NOT EFFICIENCIES. All units are rented and have lease agreements; GREAT RENTAL HISTORY! Set up your showing today!

Last Agent to Sell the Property

John O. Valdez Jr.

Keller Williams Realty Rgv Listed on: 01/31/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,989

Year Built

  • Built in 1977

Lot Details

  • 0.49 Acre Lot
  • Partially Fenced Property

Parking

  • 26 Car Garage
  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 13,093 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Schools

  • Fields Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number J27000000000700

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $6,200
  • Maintenance Expense $3,600
  • Gross Income $99,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,989

Year Built

Built in 1977

Lot Details

0

Parking

26

Listing Details

  • Directions: Corner of Business 83 and 2nd Street (Col Rowe). Go North on 2nd Street (Col Rowe) passing Business 83 and turn left on Beech Ave. Multiple Units will be on your left hand side.
  • Year Built: 1977
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4924
  • Road Surface Type: Paved
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Keller Williams Realty RGV
  • Non-Allowables: No
  • Non-Conveyances: N/A
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 13093

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Partial
  • Construction Type: Block
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 26
  • Covered Parking Spaces: 26
  • Parking Features: No Carport, No Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Fields
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 21448.944
  • Parcel #: J27000000000700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10989

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 24
  • Annual Gross Income: 99528
  • Insurance Expense: 6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2017
Sold by
Palmer Jean T and Palmer Jean T
Bought by
Identipak Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$418,088
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2016
Sold by
Palmer Jean T
Bought by
Palmer Jean T and Palmer Gregory Wayne
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Identipak Inc -- Charge Sierra Title
Palmer Jean T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Identipak Inc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold -- -- --
04/18/2018 04/18/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $999,000 -- $76 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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
2025 $15,836 $699,118 $485,158 $213,960
2024 $15,836 $675,279 $485,158 $190,121
2023 $15,115 $642,464 $485,158 $157,306
2022 $15,126 $609,962 $485,158 $124,804
2021 $16,403 $642,066 $485,158 $156,908
2020 $16,380 $642,066 $485,158 $156,908
2019 $16,286 $642,066 $485,158 $156,908
2018 $16,430 $646,714 $485,158 $161,556
2017 $15,878 $622,524 $485,158 $137,366
2016 $15,878 $622,524 $485,158 $137,366
2015 $17,018 $600,817 $485,158 $115,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 216567

Greater McAllen Association of REALTORS®

APN: S5950-00-012-0005-05

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