$369,900
$35K PRICE DROP

301 S Ridge Ave San Juan, TX 78589

Estimated payment $2,962/month

Total Views 12,541
-- Bed
-- Bath
4,050 Sq Ft
$91 Price per Sq Ft

Highlights

  • High Ceiling
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

Peace of mind: This property stayed HIGH & DRY during the March 2025 flood. Excellent investment opportunity! This well-maintained 4-plex features 4 fully occupied units, each with 2 bedrooms and 2 bathrooms. All units come with a refrigerator, stove, washer, and dryer. Current tenants provide immediate rental income. Don’t miss out on this chance to add a stable, income-generating property to your portfolio!

Listing Agent

Tana Springer

Exp Realty Llc Listed on: 08/26/2024

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,904

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot
  • Masonry wall

Parking

  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,050 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

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 S455500002001800

Community Details

Overview

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

Building Details

  • Insurance Expense $345
  • Maintenance Expense $350
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,904

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Head East on Nolana Right on Raul Longoria, head south take a right on S ridge street, property will be on left hand side.
  • Year Built: 2006
  • 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: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4050
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Decorative/High Ceilings
  • Fencing: Masonry
  • Lot Features: Curb & Gutters
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • 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: Curbs, 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 #: S455500002001800

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11904

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 3700
  • Insurance Expense: 345

Map

Range of Values:

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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 $11,913 $459,786 $85,424 $374,362
2023 $11,904 $459,786 $85,424 $374,362
2022 $7,562 $273,597 $45,292 $228,305
2021 $6,870 $243,076 $45,292 $197,784
2020 $7,047 $245,170 $45,292 $199,878
2019 $7,350 $246,564 $45,292 $201,272
2018 $9,172 $305,949 $45,292 $260,657
2017 $8,930 $295,919 $45,292 $250,627
2016 $6,489 $215,024 $45,292 $169,732
2015 $6,109 $203,524 $45,292 $158,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $369,900 -5.1% $91 / Sq Ft
09/19/2024 09/19/24 Price Changed $389,900 -3.7% $96 / Sq Ft
08/26/2024 08/26/24 For Sale $405,000 -- $100 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- Valley Land Title
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 447753

Greater McAllen Association of REALTORS®

APN: S4555-00-002-0018-00