$169,000
Last list price
SOLD OCT 1, 2021 RENTED SEP 1, 2024

3016 S L St Unit 2 McAllen, TX 78503

2 Beds
2.5 Baths
1,633 Sq Ft
$193/mo HOA Fee

Recently Sold

$103 Per Sq Ft

22 Days on Market

Highlights

  • Granite Countertops
  • 1 Car Attached Garage
  • Laundry closet
  • Covered patio or porch
  • Double Pane Windows
  • Tile Flooring

About This Home

As of October 2021

Income producing property!

Tenant occupied condominium - leased through September 14th, 2022.

Investors, this is a luxurious condo in a very desirable location. It features elegant finishes with tile floors, fine fixtures, custom cabinets, granite countertops, a small, private backyard, and a one car garage. Just minutes away from McAllen retail shopping, restaurants, entertainment centers and gyms, making it a popular location.

Don't miss your chance to own this condo, or multiple in the same building! Units 1 & 4 are also available For Sale. Call us today to schedule a showing or make an offer.

Last Agent to Sell the Property

Martin Vasquez

Rgv Realty Listed on: 08/01/2021

Last Buyer's Agent

Esther Rodriguez

Key Realty

Key Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 2013

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,633 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Wood Fence

Community Details

  • Canadas Subdivision

Listing and Financial Details

  • Assessor Parcel Number C092025000000400

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,835

Year Built

Built in 2013

Lot Details

0

HOA Fees

$193 per month

Parking

1

Listing Details

  • Directions: Going south on Jackson from Old 83, pass Moore Rd and turn right on Olympia Avenue. On Olympia Ave, take a right turn on "M" street. Turn Left into South "L" and the building is on the right (corner of East Pine Ridge Ave and S "L" street).
  • Year Built: 2013
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Subdivision Name: Canadas
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • GMAR_Escrow: 1500
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Clay Tile
  • Appliances: Electric Water Heater, Dishwasher, Stove/Range-Electric Smooth
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1633
  • Window Features: Energy Features (Double Pane Windows), Mini Blinds

Exterior Features

  • Interior Amenities: Countertops (Granite)
  • Fencing: Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Garage Faces Front
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Fee: 580
  • Association Fee Frequency: Quarterly
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: C092025000000400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 28, 2021
Sold by
Frausto Noe and Frausto Norma
Bought by
Crisostomo Michael Buenaventura
Seller's Agent
Martin Vasquez
Rgv Realty
Buyer's Agent
Esther Rodriguez
Key Realty
List Price
$169,000
Current Estimated Value
$193,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$141,300
Outstanding Balance
$130,242
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,746

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 14, 2021
Sold by
Evan Frausto Noe
Bought by
Frausto Noe
Seller's Agent
Martin Vasquez
Rgv Realty
Buyer's Agent
Esther Rodriguez
Key Realty
List Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Outstanding Balance
$130,242
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,746

Purchase Details

Closed on
Jun 14, 2019
Sold by
Sanchez Raul A Sedas and Sedas Maria Lopez De
Bought by
Frausto Noe Evan and Frausto Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Calderon Guillermo O and Calderon Nadja A
Bought by
Sanchez Raul A Sedas and Sedas Maria Lopez De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2013
Sold by
Ronnie Cantu Construction Llc
Bought by
Calderon Guillermo O and Calderon Nadja A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.61%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Rio Grande Valley Abstract C
Warranty Deed -- Rio Grande Valley Abstract
Vendors Lien -- Edwards Abstract And Ttl Co
Vendors Lien -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,300 New Conventional
Previous Owner $111,625 New Conventional
Previous Owner $105,000 Purchase Money Mortgage
Previous Owner $125,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $1,600 -8.6% --
06/24/2024 06/24/24 Price Changed $1,750 -5.4% $1 / Sq Ft
05/22/2024 05/22/24 For Rent $1,850 0.0% --
10/01/2021 10/01/21 Sold -- -- --
08/23/2021 08/23/21 Pending -- -- --
08/08/2021 08/08/21 Price Changed $159,000 -5.9% $97 / Sq Ft
08/01/2021 08/01/21 For Sale $169,000 0.0% $103 / Sq Ft
06/13/2021 06/13/21 Rented $1,450 0.0% --
05/30/2021 05/30/21 For Rent $1,450 -- --
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 $3,821 $199,601 $41,262 $158,339
2023 $4,730 $199,601 $41,262 $158,339
2022 $4,836 $188,364 $40,814 $147,550
2021 $3,796 $144,097 $40,814 $103,283
2020 $3,877 $145,145 $40,814 $104,331
2019 $3,589 $130,000 $34,983 $95,017
2018 $3,607 $130,000 $34,983 $95,017
2017 $4,133 $147,897 $34,983 $112,914
2016 $4,165 $149,012 $34,983 $114,029
2015 $4,137 $150,124 $34,983 $115,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 362360

Greater McAllen Association of REALTORS®

APN: C0920-25-000-0002-00