$365,000
PENDING $24K PRICE DROP

407 E Esperanza Ave Mission, TX 78574

La Homa Neighborhood

Estimated payment $2,691/month

Total Views 6,282
4 Beds
4.5 Baths
4,311 Sq Ft
$85 Price per Sq Ft

Highlights

  • Mature Trees
  • High Ceiling
  • No HOA
  • Bonus Room
  • Granite Countertops
  • Covered Patio or Porch

About This Home

This exceptional property offers a rare opportunity to assume a VA loan at an attractive 4.630% rate, providing long-term savings for the next buyer. Located on a quiet cul-de-sac and set on half an acre, the home features 4 bedrooms, 3.5 bathrooms, an office, open-concept living, formal dining, and a versatile garage conversion ideal for a theater room, game room, or additional living space. Outdoors, you’ll find a detached 2-car garage, carport, and a private bonus suite complete with a kitchenette and full bath—perfect for guests, multigenerational living, or a dedicated workspace. The home comes thoughtfully upgraded with 72 fully paid-off solar panels, two 2023 HVAC units with warranties, and newer kitchen appliances plus washer and dryer included. With its space, efficiency, versatility, and unique financing option, this property offers exceptional value.

Listing Agent

Mary Cantu

Coldwell Banker La Mansion Listed on: 07/07/2025

Coldwell Banker La Mansion

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,411

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Masonry wall
  • Partially Fenced Property
  • Privacy Fence
  • Decorative Fence
  • Electric Fence
  • Sprinkler System
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Side Facing Garage
  • Electric Gate

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,311 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Bonus Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Shower Only

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Solar Heating System

Schools

  • Reyna Elementary School
  • Irene M Garcia Middle School
  • Palmview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association
  • Las Palmas Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number L335800000001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,411

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Directions: From expressway 83 head north on Bentsen Palm Rd., turn right east on Esperanza, house will be on the right south side.
  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Subdivision Name: Las Palmas Heights
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Efficiency: Thermostat
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Stove/Range-Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 4311
  • Window Features: Drapes, Window Coverings (Other), Wood/Faux Blinds
  • Master Bedroom Features: His and Hers Closets, Private Commode, Shower Only, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Mature Trees, Motorized Gate
  • Interior Amenities: Entrance Foyer, Countertops (Granite), Countertops (Other), Countertops (Solid Surface), Bonus Room, Built-in Features, Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Walk-In Closet(s)
  • Fencing: Decorative Metal, Electric, Masonry, Partial, Privacy
  • Lot Features: Cul-De-Sac, Curb & Gutters, Mature Trees, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Detached Quarters
  • Patio And Porch Features: Covered Patio, Patio, Patio Slab
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Parking Features: Attached, Detached, Garage Faces Side

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Solar
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Elementary School: Reyna
  • High School: Palmview H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Irene M Garcia

Lot Info

  • Lot Size Sq Ft: 21780
  • Parcel #: L335800000001000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9411

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,103 $328,893 $47,918 $280,975
2024 $8,103 $373,166 $47,918 $325,248
2023 $8,928 $358,955 $47,918 $311,037
2022 $8,613 $318,038 $0 $0
2021 $7,773 $289,125 $47,918 $244,718
2017 $5,863 $216,722 $37,028 $179,694
2016 $7,638 $282,334 $37,028 $245,306
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2025 12/20/25 Pending -- -- --
11/18/2025 11/18/25 Price Changed $365,000 -3.9% $85 / Sq Ft
09/20/2025 09/20/25 Price Changed $379,999 -1.3% $88 / Sq Ft
08/14/2025 08/14/25 Price Changed $385,000 -0.8% $89 / Sq Ft
07/25/2025 07/25/25 Price Changed $388,000 -0.3% $90 / Sq Ft
07/07/2025 07/07/25 For Sale $389,000 +8.1% $90 / Sq Ft
09/20/2022 09/20/22 Sold -- -- -- View Prior Sale
08/19/2022 08/19/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $359,900 -8.9% $83 / Sq Ft
05/20/2022 05/20/22 Price Changed $395,000 -5.9% $92 / Sq Ft
04/21/2022 04/21/22 For Sale $419,900 +53.3% $97 / Sq Ft
09/14/2016 09/14/16 Sold -- -- -- View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $273,900 -- $61 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Corporation Service
Vendors Lien -- None Available
Foreclosure Deed $180,490 None Available
Vendors Lien -- Charge Sierra Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 VA
Previous Owner $216,930 VA
Previous Owner $199,000 Purchase Money Mortgage
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 475426

Greater McAllen Association of REALTORS®

APN: L3358-00-000-0010-00