$370,000

3115 E Diamondhead Ave Mission, TX 78573

Estimated payment $2,587/month

Total Views 202
-- Bed
-- Bath
3,640 Sq Ft
$102 Price per Sq Ft

Highlights

  • Mature Trees
  • No HOA
  • Laundry Room
  • Sharyland North Junior High School Rated A
  • Double Pane Windows
  • Tile Flooring

About This Home

Solid investment w/proven income potential & room for growth located in a highly desirable area walking
distance from Jensen Elementary. 4 - 2 bed 2 bath units ideal to add to an investment portfolio or perfect a
first-time investment. 100% occupied, solid long-term tenants who have been in place for 5-8 yrs. Potential
Rent increases to $950-$975/mo totaling $3,600 - $3,850/mo starting Oct 2024 when leases
become month-to-month. $42,000+ invested in the property. Improvements include: repaired roof 2023, new
paint & repairs for the entire 4-plex 23' & new exterior paint 24'. The AC exterior units have been cleaned
23', and the dryer exhaust roof vents have been cleaned. New exterior lights & cameras, adding value for
tenants. New thermostats in Apt B & D, new washers & dryers Apt B & D & fully rehabbed Apt D. Current
rents: Apt A $900, Apt B $850, Apt C $900 & Apt D $900. Situated on a street lined w/other 4-plexes, as new
as 2015, indicating strong demand & profitability.

Listing Agent

Nacole Ricks

Exp Realty Llc Listed on: 09/01/2025

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 2007

Lot Details

  • 9,558 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Irregular Lot
  • Mature Trees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Schools

  • Jensen Elementary School
  • Sharyland North Junior Middle School
  • Sharyland Pioneer High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number E443500000002400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • El Milagro Estates Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $3,480
  • Gross Income $2,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,026

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: https://maps.app.goo.gl/QVPEhjNRzS1oSvABA
  • Year Built: 2007
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2194
  • Road Surface Type: Paved
  • Subdivision Name: El Milagro Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Attic Fans
  • Building Stories: 1
  • GMAR_Escrow: 3700
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Other, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3640
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s), Other
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Irregular Lot, Mature Trees, Professional Landscaping, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 8

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
  • Association: No

Schools

  • Elementary School: Jensen
  • High School: Sharyland Pioneer H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: Sharyland North Junior

Lot Info

  • Lot Size Sq Ft: 9557.9352
  • Parcel #: E443500000002400

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7026

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 2750
  • Insurance Expense: 2000

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 $7,026 $306,430 $62,128 $244,302
2023 $7,697 $336,339 $62,128 $274,211
2022 $6,775 $275,012 $62,128 $212,884
2021 $6,280 $249,406 $62,128 $187,278
2020 $6,609 $249,850 $62,128 $187,722
2019 $6,864 $252,175 $62,128 $190,047
2018 $6,390 $234,186 $52,570 $181,616
2017 $6,326 $230,551 $52,570 $177,981
2016 $5,098 $185,809 $52,570 $133,239
2015 $4,756 $173,979 $47,791 $126,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $370,000 -- $102 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Top Texas Title
Vendors Lien -- Vltc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,750 New Conventional
Previous Owner $188,412 Commercial
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 479768

Greater McAllen Association of REALTORS®

APN: E4435-00-000-0024-00