NOT LISTED FOR SALE

402 S 9th St Hidalgo, TX 78557

Estimated Value: $196,036 - $250,000

Studio
10 Baths
2,301 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 29, 2022

Current estimated payment $1,477/month

201 Days on Market

Highlights

  • Mature Trees
  • Covered Patio or Porch
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of July 2022

Great duplex investment opportunity, in need of TLC! This duplex is located within city parks, shopping centers, and minutes away from Reynosa International Bridge. Both units have 3 beds, 2 full baths, with an open kitchen and living room concept. Each unit features a private back patio area. The duplex features 2 carport areas. **Property will be selling as is** Give our team a call and book your showing today!

Last Agent to Sell the Property

Ryan Peterson

Tierra Frontera Llc Listed on: 12/10/2021

Last Buyer's Agent

Noe Lopez

Re/Max Rgv Commercial Group

Re/Max Rgv Commercial Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1970

Lot Details

  • 5,998 Sq Ft Lot
  • Irregular Lot
  • Mature Trees

Home Design

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

Interior Spaces

  • 2,301 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Electric Range
  • Laundry closet

Parking

  • Garage
  • 2 Carport Spaces
  • No Garage
  • Rear-Facing Garage

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hidalgo Elementary School
  • Garza Middle School
  • Hidalgo High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number G74000600A005500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gray Recio #6 Subdivision

Building Details

  • Insurance Expense $110
  • Maintenance Expense $200
  • Gross Income $16,704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Head south from From E. Hwy 281/Military Hwy. on E. Coma Ave. Turn left on N. 10th st. Turn right on E. Bugambilia Ave. Turn left on S 9th Street. Duplex will be on right hand side.
  • Year Built: 1970
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Road Surface Type: Paved
  • Subdivision Name: Gray Recio #6
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
  • Flooring: Tile
  • Living Area: 2301

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: No Garage, Garage Faces Rear

Utilities

  • Laundry Features: Laundry Area
  • 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: None
  • Association: No

Schools

  • Elementary School: Hidalgo
  • High School: Hidalgo H.S.
  • Junior High Dist: Hidalgo ISD
  • Middle Or Junior School: Garza

Lot Info

  • Lot Size Sq Ft: 5998.212
  • Parcel #: G74000600A005500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2530

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 16704
  • Insurance Expense: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jul 28, 2022
Sold by
Serafin Farias Ii and Serafin Jeannine
Bought by
Cardenas Alejandro and Castro Ana Isabel
Seller's Agent
Ryan Peterson
Tierra Frontera Llc
Buyer's Agent
Noe Lopez
Re/Max Rgv Commercial Group
List Price
$229,000
Current Estimated Value
$217,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$129,000
Outstanding Balance
$53,888
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$163,124

Purchase Details

Closed on
Mar 10, 2015
Sold by
Ruiz Arthur Steven
Bought by
Farias Serafin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,850
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2015
Sold by
Ruiz Toni Nadene
Bought by
Ruiz Arthur Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,850
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Ruiz Toni Nadene
Bought by
Ruiz Arthur Steven

Purchase Details

Closed on
May 14, 2012
Sold by
Ww 406 Partnership
Bought by
Ruiz Toni
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Cardenas Alejandro -- Corporation Service
Farias Serafin -- None Available
Ruiz Arthur Steven -- None Available
Ruiz Arthur Steven -- None Available
Ruiz Toni -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas Alejandro $129,000
Previous Owner Farias Serafin $51,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold -- -- --
06/29/2022 06/29/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $179,000 -10.1% $78 / Sq Ft
04/12/2022 04/12/22 Price Changed $199,000 -3.9% $86 / Sq Ft
02/10/2022 02/10/22 Price Changed $207,000 -9.6% $90 / Sq Ft
12/10/2021 12/10/21 For Sale $229,000 -- $100 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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
2025 $4,105 $172,017 $43,200 $128,817
2024 $4,105 $167,825 $43,200 $124,625
2023 $3,859 $157,625 $33,000 $124,625
2022 $3,154 $126,803 $33,000 $93,803
2021 $2,553 $100,134 $33,000 $67,134
2020 $2,411 $94,535 $25,200 $69,335
2019 $2,635 $96,737 $25,200 $71,537
2018 $2,456 $89,934 $22,800 $67,134
2017 $2,299 $83,269 $22,800 $60,469
2016 $2,094 $75,842 $22,800 $53,042
2015 $1,444 $63,540 $13,500 $50,040
2014 $1,444 $51,531 $13,500 $38,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 371140

Greater McAllen Association of REALTORS®

APN: G7400-06-00A-0055-00