NOT LISTED FOR SALE

3104 Highland Ave Unit 1,2,3,4 McAllen, TX 78501

Estimated Value: $242,000 - $352,000

-- Bed
8 Baths
3,000 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 24, 2012

Current estimated payment $2,180/month

54 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Privacy Fence
  • Patio
  • 8 Car Garage
  • 1-Story Property

About This Home

As of May 2012

Great find for an investor that is ready to rehab these units and get them rented. Units were rented for $425 each and are ready for new owner. Taxes are low and this area lends its self to apartment living. Close to parks, schools, STCC Collage, and Ware road. This is a better return than a CD. Live in one and rent the others. One unit has appliances.

Last Agent to Sell the Property

Lillian Renner

Trendsetters Real Estate & Investments Listed on: 03/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1985

Lot Details

  • 8,233 Sq Ft Lot
  • Privacy Fence

Parking

  • 8 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Mcauliffe Elementary School
  • De Leon Middle School
  • Rowe High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 Units
  • La Lomita Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number L132000000009800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,299

Year Built

Built in 1985

Lot Details

0

Parking

8

Listing Details

  • Directions: From 29th Street go west on Highland Ave. Unit is 1/2 way down the block on North side(Right)
  • Year Built: 1985
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.189
  • Road Surface Type: Paved
  • Subdivision Name: La Lomita Estates
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 1000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Other
  • Flooring: Other
  • Living Area: 3000

Exterior Features

  • Fencing: Privacy
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: McAuliffe
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: De Leon

Lot Info

  • Lot Size Sq Ft: 8232.84
  • Parcel #: L132000000009800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 11
  • Tax Annual Amount: 2299

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2012
Closed on
May 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
Hernandez Mario F and Hernandez Lydia M
Seller's Agent
Lillian Renner
Trendsetters Real Estate & Investments
List Price
$112,900
Current Estimated Value
$303,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Calvillo Alejandro and Calvillo Maricela
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Mario F -- Lsi Title Agency Inc
Hernandez Mario F -- Lsi Title Agency Inc
Wells Fargo Bank Na $97,020 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold -- -- --
04/25/2012 04/25/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $112,900 -- $38 / 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 $6,324 $269,689 $51,150 $218,539
2023 $6,405 $272,231 $51,150 $221,081
2022 $5,216 $210,329 $42,900 $167,429
2021 $4,570 $178,887 $33,000 $145,887
2020 $4,605 $180,525 $33,000 $147,525
2019 $4,579 $180,525 $33,000 $147,525
2018 $4,399 $173,133 $33,000 $140,133
2017 $4,173 $163,589 $33,000 $130,589
2016 $3,285 $128,809 $33,000 $95,809
2015 $2,765 $105,804 $33,000 $72,804
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 154253

Greater McAllen Association of REALTORS®

APN: L1320-00-000-0098-00