NOT LISTED FOR SALE

3608 Jay Ct McAllen, TX 78504

Estimated Value: $348,000 - $366,000

Studio
8 Baths
4,340 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 23, 2024

Current estimated payment $2,638/month

83 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Tile Flooring
  • Garza Elementary School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of July 2024

Seize the opportunity with this investment property situated in an enviable location, strategically positioned at the intersection of Mile 4 and the recently expanded Ware Road. Proximity to Lark Library, schools, stores, and restaurants enhances its appeal. Nestled in a tranquil cul-de-sac area, surrounded by other fourplexes on a minimally trafficked street, this property offers a peaceful living environment. The owner has diligently updated specific units with new flooring and kitchens, adding contemporary allure. Boasting long-term and stable tenants, this investment promises both immediate returns and enduring value. Don't miss the chance to capitalize on this prime real estate gem.

Last Agent to Sell the Property

Boone Tyson

Tnt Real Estate Listed on: 03/08/2024

Tnt Real Estate

Last Buyer's Agent

Gina Sears

Re/Max Elite

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,128

Year Built

  • Built in 1986

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Irregular Lot
  • Mature Trees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Range

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

  • Garza Elementary School
  • Fossum Middle School
  • Rowe High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number A591000000000300

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Arthur Terrace Subdivision

Building Details

  • Insurance Expense $366
  • Maintenance Expense $211
  • Gross Income $3,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,128

Year Built

Built in 1986

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Directions: North on Ware Rd - East on Lark - South on 36th St - West on Jay Ct
  • Year Built: 1986
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3069
  • Road Surface Type: Paved
  • Subdivision Name: Arthur Terrace
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Other
  • Building Stories: 2
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
  • Flooring: Carpet, Tile
  • Living Area: 4340

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: No Carport

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • 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, Street Lights
  • Association: No

Schools

  • Elementary School: Garza
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Fossum

Lot Info

  • Lot Size Sq Ft: 13366.8216
  • Parcel #: A591000000000300
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9128

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 3690
  • Insurance Expense: 366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jul 18, 2024
Sold by
Juarez Raymond Z and Juarez Irene
Bought by
Bustos Miguel and Bustos Briana Marie
Seller's Agent
Boone Tyson
Tnt Real Estate
Buyer's Agent
Gina Sears
Re/Max Elite
List Price
$365,000
Views
140
Current Estimated Value
$357,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.17%
Original Mortgage
$351,515
Outstanding Balance
$347,317
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$9,684

Purchase Details

Closed on
Jul 28, 2021
Sold by
Amben Llc
Bought by
Juarez Raymond Z and Juarez Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2014
Sold by
Benheretz George and Benheretz Jorge
Bought by
Benheretz George

Purchase Details

Closed on
Aug 4, 2006
Sold by
Lcj Enterprises Ltd
Bought by
Hernandez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bustos Miguel -- True Title Partners
Juarez Raymond Z -- New Title Company Name
Amben Llc -- Valley Land Title
Benheretz George -- None Available
Hernandez Jorge -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustos Miguel $351,515
Previous Owner Juarez Raymond Z $191,250
Previous Owner Hernandez Jorge $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold -- -- --
05/31/2024 05/31/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $360,000 -4.0% $83 / Sq Ft
03/13/2024 03/13/24 Price Changed $375,000 +2.7% $86 / Sq Ft
03/08/2024 03/08/24 For Sale $365,000 -- $84 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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 $9,120 $427,672 $133,672 $294,000
2024 $9,120 $388,907 $94,907 $294,000
2023 $8,046 $342,000 $94,907 $247,093
2022 $7,983 $321,888 $94,907 $226,981
2021 $6,751 $264,269 $94,907 $169,362
2020 $6,742 $264,269 $94,907 $169,362
2019 $6,758 $266,417 $94,907 $171,510
2018 $6,277 $247,080 $86,887 $160,193
2017 $4,853 $190,256 $63,000 $127,256
2016 $4,058 $159,092 $63,000 $96,092
2015 $4,124 $159,638 $63,000 $96,638
Source: Public Records

Agents Affiliated with this Home

  • Boone Tyson

    Seller's Agent in 2024

    Boone Tyson

    Tnt Real Estate

    (956) 621-6714

    144 Total Sales

    Boone Tyson
    Section Image
  • Gina Sears

    Buyer's Agent in 2024

    Gina Sears

    RE/MAX

    (956) 455-9216

    120 Total Sales

    Gina Sears
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 429731

Greater McAllen Association of REALTORS®

APN: A5910-00-000-0003-00

Texas Hidalgo County McAllen 78504

3608 Jay Ct, McAllen, TX

Not Listed for Sale

MultiFamily

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Greater McAllen Association of REALTORS® 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.

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