$394,000
$5K PRICE DROP

407 E Esperanza Ave Mission, TX 78574

La Homa Neighborhood

Estimated payment $2,966/month

Total Views 5,624
4 Beds
3.5 Baths
4,311 Sq Ft
$91 Price per Sq Ft

Highlights

  • Popular Property
  • Bonus Room
  • Granite Countertops
  • Mature Trees
  • High Ceiling
  • No HOA

About This Home

Assume the existing VA loan at 4.625% on approximately $326,000—a rare opportunity to lock in a below-market rate. Buyer must qualify through Navy Federal and cover the difference in price; VA buyers are preferred but not required. Ideally located just minutes from the expressway on half an acre, this spacious home offers 4 bedrooms, 3.5 bathrooms, an office, and an open-concept kitchen and living area. The converted garage in the main house provides flexible space that can be used as a man cave, theater room, or additional living area. In addition to the converted garage, there’s a detached two-car garage and a two-car carport, offering plenty of parking and storage. A detached bonus room with a kitchenette and full bath makes a great private retreat for guests, extended family, or a home office. Two new HVAC units were installed in August 2023 and come with a warranty. Plus, 72 fully paid-off solar panels help keep electric bills low.

Listing Agent

Mary Cantu

Coldwell Banker La Mansion Listed on: 03/24/2025

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,311 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Solar Screens
  • Entrance Foyer
  • Bonus Room
  • Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Solar Heating System

Outdoor Features

  • Covered patio or porch
  • Gazebo
  • Outdoor Storage

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

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

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
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dishwasher, Dryer, Other, Stove/Range-Gas, Washer
  • Other Equipment: Audio/Video Wiring
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 4311
  • Window Features: Energy Features (Double Pane Windows), Energy Feature (Solar Screen), Wood/Faux Blinds
  • Master Bedroom Features: His and Hers Closets, Private Commode, Shower Only, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Other, Sprinkler System
  • Interior Amenities: Entrance Foyer, Countertops (Granite), Bonus Room, Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer
  • Fencing: Decorative Metal, Electric, Masonry, Partial, Privacy
  • Lot Features: Cul-De-Sac, Curb & Gutters, Mature Trees, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Detached Quarters, Gazebo, Storage
  • 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
  • Total Parking Spaces: 4

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, Street Lights
  • 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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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
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 Change Sq Ft Price
07/07/2025 07/07/25 For Sale $389,000 -1.3% $90 / Sq Ft
05/10/2025 05/10/25 Price Changed $394,000 -1.3% $91 / Sq Ft
03/24/2025 03/24/25 For Sale $399,000 +10.9% $93 / Sq Ft
09/20/2022 09/20/22 Sold -- -- --
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 -- -- --
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 $205,720 VA
Previous Owner $216,930 VA
Previous Owner $214,100 Unknown
Previous Owner $0 New Conventional
Previous Owner $199,000 Purchase Money Mortgage
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 465856

Greater McAllen Association of REALTORS®

APN: L3358-00-000-0010-00