NOT LISTED FOR SALE

301 E Roberts Ave Donna, TX 78537

-- Bed
-- Bath
8,400 Sq Ft
0.3 Acres

Last Sold December 02, 2022

71 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Carpet
  • No HOA

About This Home

As of December 2022

Built in 1980 but signi?cantly improved in 2016 with a new a roof and nearly all new water heaters, this 14 unit complex never has trouble staying fully occupied. The units are primarily occupied by long-term tenants whose rents average to $515/m/unit. Rents can likely be raised up to $600 with little to no attrition. Instead of central heating/cooling systems, the units are climate controlled by 12k BTU window units located in the hallway.

Last Agent to Sell the Property

Zach Sunderland

Golden Key Real Estate & Investments, Llc Listed on: 08/10/2022

Last Buyer's Agent

Elizabeth Ramirez

Buena Vista Management Group, Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Chain Link Fence
  • Corner Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 8,400 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Schools

  • Adame Elementary School
  • Adams Middle School
  • Agua Dulce High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 260511

Community Details

Overview

  • No Home Owners Association
  • Pilar Subdivision

Building Details

  • Insurance Expense $4,900
  • Maintenance Expense $3,975
  • Gross Income $83,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,937

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: Google maps.
  • Year Built: 1980
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Subdivision Name: Pilar
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
  • Flooring: Carpet, Vinyl
  • Living Area: 8400

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: Chain Link
  • Lot Features: Corner Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Adame
  • High School: Agua Dulce H.S.
  • Junior High Dist: Donna ISD
  • Middle Or Junior School: Adams

Lot Info

  • Lot Size Sq Ft: 13068
  • Parcel #: 260511
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7937

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 14
  • Annual Gross Income: 83500
  • Insurance Expense: 4900

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold -- -- --
10/21/2022 10/21/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $920,000 -8.0% $110 / Sq Ft
08/10/2022 08/10/22 For Sale $1,000,000 -- $119 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Zach Sunderland

    Seller's Agent in 2022

    Zach Sunderland

    Golden Key Real Estate & Investments, Llc

    (956) 975-7481

    1 in this area

    10 Total Sales

    Zach Sunderland
    Section Image

  • E

    Buyer's Agent in 2022

    Elizabeth Ramirez

    Buena Vista Management Group, Llc

    (956) 821-6254

    1 in this area

    8 Total Sales

    Elizabeth Ramirez
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 387029

Greater McAllen Association of REALTORS®
Texas Hidalgo County Donna 78537

301 E Roberts Ave, Donna, TX

Not Listed for Sale

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