3115 E Diamondhead Ave Mission, TX 78573
Estimated payment $2,587/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/01/2025 09/01/25 | For Sale | $370,000 | -- | $102 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | Top Texas Title | |
Vendors Lien | -- | Vltc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $249,750 | New Conventional | |
Previous Owner | $188,412 | Commercial |
Source: Greater McAllen Association of REALTORS®
MLS Number: 479768

APN: E4435-00-000-0024-00
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