NOT LISTED FOR SALE

407 Cedar Ave Unit 4 McAllen, TX 78501

Estimated Value: $274,000 - $317,000

2 Beds
1 Bath
738 Sq Ft
$406/Sq Ft Est. Value

Highlights

  • Mature Trees
  • Balcony
  • Entrance Foyer
  • No HOA
  • Window Unit Cooling System
  • Ceiling Fan

About This Home

As of May 2023

Downtown McAllen Apartment for Rent! This apartment is remodeled and in a great location. The apartment includes all tile floors, gas stove, refrigerator and AC window units as well as a large mini-split system. The large bedroom has a built in desk area and double closets. Parking is located at the front of the building. Owner will pay Water, Gas, and Lawncare.

Last Agent to Rent the Property

Myra Caridad García

The Agency Austin, Llc Listed on: 02/21/2023

The Agency Austin, Llc

Last Renter's Agent

Brandon Solis

Tnt Real Estate

Tnt Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 8,398 Sq Ft Lot
  • Sprinkler System
  • Mature Trees

Parking

  • No Garage

Home Design

  • Apartment

Interior Spaces

  • 738 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Balcony

Schools

  • Wilson Elementary School
  • Cathey Middle School
  • Mcallen High School

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $650
  • Property Available on 2/9/23
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • $30 Application Fee
  • Assessor Parcel Number C260000001001100

Community Details

Overview

  • No Home Owners Association
  • Cedar Place Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity
  • Available Date: 2023-02-09
  • Security Deposit: 650
  • GMAR_RentSpreeYN: No
  • Pet Deposit: 500

Listing Details

  • Directions: From Trenton Rd. head south on 10th St. and turn left on Hackberry Ave. Turn right on N 6th St. and take a left on Cedar Ave. The apartment 4 plex is on the right side and unit #4 is in the back up the stairs.
  • Year Built: 1970
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1928
  • Subdivision Name: Cedar Place
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Availability: Immediate
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 738
  • Master Bedroom Features: Shower Only

Exterior Features

  • Exterior Features: Mature Trees, Sprinkler System
  • Interior Amenities: Entrance Foyer, Ceiling Fan(s)
  • Home Warranty: No
  • Patio And Porch Features: Deck/Balcony/Porch
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage, Other Garage or Carport

Utilities

  • Utilities: Cable Available
  • Laundry Features: None
  • Cooling: Other HVAC, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other HVAC

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Application Fee: 30

Schools

  • Elementary School: Wilson
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 8397.9324
  • Parcel #: C260000001001100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Jun 23, 2023
Sold by
Krake Investments Llc
Bought by
Rubalcaba Magdaleno and Rubalcaba Karina
Seller's Agent
Myra Caridad García
The Agency Austin, Llc
Buyer's Agent
Brandon Solis
Tnt Real Estate
Views
123
Current Estimated Value
$299,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,469
Outstanding Balance
$211,822
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$87,749

Purchase Details

Closed on
Mar 5, 2021
Sold by
Cg3 Real Estate Group Llc
Bought by
Krake Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 15, 2019
Sold by
Garza Elida G
Bought by
Cg3 Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 11, 2019
Sold by
Lopez Jose Guadalupe
Bought by
Garza Elida G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.4%
Mortgage Type
Construction
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
Rubalcaba Magdaleno -- Corporation Service
Krake Investments Llc -- Capital Title
Cg3 Real Estate Group Llc -- Encore Title
Garza Elida G -- Encore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubalcaba Magdaleno $218,469
Previous Owner Krake Investments Llc $184,000
Previous Owner Cg3 Real Estate Group Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Rented $650 0.0% --
05/03/2023 05/03/23 Price Changed $650 -7.1% $1 / Sq Ft
03/22/2023 03/22/23 Price Changed $700 -6.7% $1 / Sq Ft
02/28/2023 02/28/23 Price Changed $750 -6.3% $1 / Sq Ft
02/21/2023 02/21/23 For Rent $800 +6.7% --
08/01/2022 08/01/22 Rented $750 0.0% --
07/26/2022 07/26/22 For Rent $750 +15.4% --
07/20/2021 07/20/21 Rented $650 0.0% --
07/06/2021 07/06/21 For Rent $650 -- --
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 $6,444 $359,462 $107,100 $252,362
2024 $6,444 $274,802 $47,460 $227,342
2023 $6,526 $277,401 $47,460 $229,941
2022 $5,558 $224,121 $47,460 $176,661
2021 $4,430 $173,395 $31,500 $141,895
2020 $4,468 $175,148 $31,500 $143,648
2019 $4,489 $176,975 $31,500 $145,475
2018 $3,946 $155,305 $25,200 $130,105
2017 $4,141 $162,363 $25,200 $137,163
2016 $2,785 $109,173 $25,200 $89,760
2015 $1,446 $80,216 $23,100 $63,221
Source: Public Records

Agents Affiliated with this Home

  • Myra Caridad García

    Landlord's Agent in 2023

    Myra Caridad García

    The Agency Austin, Llc

    (956) 648-6456

    190 Total Sales

    Myra Caridad García
    Section Image

  • B

    Tenant's Agent in 2023

    Brandon Solis

    Tnt Real Estate

    (956) 600-6197

    5 Total Sales

    Brandon Solis
    Section Image
  • Juliet Gonzalez

    Buyer's Agent in 2022

    Juliet Gonzalez

    Berkshire Hathaway Homeservice

    (956) 559-9709

    12 Total Sales

    Juliet Gonzalez
    Section Image
  • Margarita Olivares

    Seller's Agent in 2021

    Margarita Olivares

    Formal Realty, Llc

    (956) 566-6948

    161 Total Sales

    Margarita Olivares
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 397957

Greater McAllen Association of REALTORS®

APN: C2600-00-001-0011-00

Texas Hidalgo County McAllen 78501

407 Cedar Ave Unit 4, 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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