NOT LISTED FOR SALE

Estimated Value: $396,000

-- Bed
4 Baths
3,348 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 14, 2022

Current estimated payment $2,938/month

Highlights

  • Double Pane Windows
  • Patio
  • 1-Story Property
  • Walk-In Closet
  • Tile Flooring
  • Detached Carport Space

About This Home

As of October 2022

Fantastic Investment Opportunity! Seize the opportunity to expand your portfolio with this exceptional FULLY LEASED 4-plex located in the thriving city of Pharr. This Four-Plex has four 2 bedroom 2 bath units for the comfort of your tenants. Each unit is equipped with a refrigerator and stove and has washer and dryer connections. Apart from its prime location this well maintained, high demand rental offers spacious rooms, decorative ceilings, and a patio area that your tenants will love. Whether you're a seasoned investor or new to real estate, this 4-plex promises a lucrative return on investment. Don't miss out on this chance to secure a high-quality asset! Interested in more? Ask about the other 4-plexes available on this street!

Last Agent to Sell the Property

Rebeca Bermudez

TNT Real Estate Brokerage Phone: 9566216714 License #TREC # 0657513 Listed on: 07/15/2024

Last Buyer's Agent

Rebeca Bermudez

TNT Real Estate Brokerage Phone: 9566216714 License #TREC # 0657513 Listed on: 07/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,355

Year Built

  • Built in 2013

Lot Details

  • 0.27

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Walk-In Closet
  • 3,348 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Disposal

Parking

  • Garage
  • Detached Carport Space
  • Off-Street Parking

Schools

  • Chavez Elementary School
  • Kenedy Middle School
  • Psja Southwest High School

Utilities

  • Central Heating
  • Thermostat
  • Electric Water Heater

Additional Features

  • Patio
  • 0.27 Acre Lot

Community Details

  • 4 Units
  • Providence Subdivision

Listing and Financial Details

  • Total Actual Rent $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,355

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Flooring: Tile
  • Interior Amenities: Walk-In Closet(s)
  • Year Built: 2013
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • ResoLotFeatures: Curb & Gutter, Sidewalks
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 956-621-6714
  • MLS Status: Sold
  • Subdivision Name: Providence
  • Carport Y N: Yes
  • Unit Levels: One
  • Efficiency: Thermostat
  • Reso Window Features: Double Pane Windows
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Disposal, Refrigerator

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Carport, Detached Carport, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Chavez
  • High School: Psja Southwest
  • Junior High Dist: Psja I.S.D.
  • Middle Or Junior School: Kenedy

Lot Info

  • Lot Size Sq Ft: 11613
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Oct 9, 2024
Sold by
Hr L-1 Llc
Bought by
Ruan Francisco and Ruan Mayte F
Seller's Agent
Rebeca Bermudez
Tnt Real Estate
Buyer's Agent
Claudia Hortenci Perez Maldonado
Saneti Realty Group
List Price
$400,000
Views
5
Current Estimated Value
$396,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$294,750
Outstanding Balance
$293,082
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$100,918

Purchase Details

Closed on
Dec 29, 2021
Sold by
Homerock Llc
Bought by
Hr L-1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,220,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ruan Francisco -- Capital Title
Hr L-1 Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruan Francisco $294,750
Previous Owner Hr L-1 Llc $296,250
Previous Owner Hr L-1 Llc $3,220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 For Sale $400,000 -- $119 / Sq Ft
10/14/2022 10/14/22 Sold -- -- --
Source: Rio Grande Valley Multiple Listing Service

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 $9,355 $348,798 $74,897 $273,901
2023 $9,360 $349,221 $74,897 $274,324
2022 $7,625 $271,833 $58,060 $213,773
2021 $7,040 $246,454 $58,060 $188,394
2020 $6,300 $217,796 $58,060 $159,736
2019 $6,079 $207,425 $27,869 $179,556
2018 $5,726 $194,252 $27,869 $166,383
2017 $5,289 $177,938 $27,869 $150,069
2016 $4,302 $144,724 $27,869 $116,855
2015 $4,555 $140,278 $27,869 $112,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29755030

Rio Grande Valley Multiple Listing Service

APN: P9257-00-000-0012-00