Estimated payment $6,083/month
Highlights
- 0.78 Acre Lot
- Tankless Water Heater
- Tile Flooring
- No HOA
- Laundry closet
- Central Heating and Cooling System
About This Home
This multi-unit residential property presents an attractive investment opportunity with a total of 10 units located across 5 buildings, each consisting of 2 units. The property offers a flexible unit mix that includes 5 units with 3 bedrooms and 2 bathrooms and 5 units with 2 bedrooms and 2 bathrooms, accommodating a variety of tenant needs. Several units are currently leased through the Elsa Housing Section 8 program, providing reliable rental income, while additional units are available for lease-up. All units include a stove and refrigerator and the property is professionally managed by a property management company, offering added operational efficiency. With an established layout and income potential, this multi-family property is well-suited for investors seeking stability with room for growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,166
Year Built
- Built in 2020
Lot Details
- 34,182 Sq Ft Lot
- Wood Fence
Parking
- No Garage
Home Design
- Slab Foundation
- Composition Shingle Roof
- Stucco
- Stone
Interior Spaces
- 10,225 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Electric Range
- Laundry closet
Eco-Friendly Details
- Energy-Efficient Thermostat
Schools
- Jfk Elementary School
- Truan Junior High
- Edcouch-Elsa High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number H036001000006000
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 10 Units
- Hacienda Subdivision
Building Details
- Insurance Expense $658
- Maintenance Expense $200
- Gross Income $3,000
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 |
|---|---|---|---|---|
| 2025 | $23,342 | $821,614 | $76,907 | $744,707 |
| 2024 | $12,202 | $592,181 | $76,908 | $515,273 |
| 2023 | $11,166 | $542,364 | $75,369 | $466,995 |
| 2022 | $6,495 | $301,286 | $42,726 | $258,560 |
| 2021 | $3,561 | $163,783 | $42,726 | $121,057 |
| 2020 | $1,126 | $51,262 | $42,726 | $8,536 |
| 2019 | $1,126 | $51,262 | $42,726 | $8,536 |
| 2018 | $1,573 | $51,262 | $42,726 | $8,536 |
| 2017 | $1,434 | $46,336 | $35,890 | $10,446 |
| 2016 | $1,418 | $45,816 | $35,890 | $9,926 |
| 2015 | $1,069 | $45,816 | $35,890 | $9,926 |
| 2014 | $1,069 | $48,295 | $35,890 | $12,405 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2026 06/01/26 | For Sale | $950,000 | -- | $93 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Valley Land Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Attorney | |
| Vendors Lien | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $616,000 | New Conventional | |
| Previous Owner | $16,050 | Purchase Money Mortgage |
Source: Greater McAllen Association of REALTORS®
MLS Number: 505984
APN: H0360-01-000-0060-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
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