NOT LISTED FOR SALE

412 E Tulip Ave McAllen, TX 78504

Estimated Value: $374,241 - $466,000

8 Beds
8 Baths
-- Sq Ft
8,677 Sq Ft Lot

Last Sold October 12, 2023

Current estimated payment $3,015/month

97 Days on Market

Highlights

  • Walk-In Closet
  • Cooling Available
  • 1-Story Property
  • Gonzalez Elementary School Rated A
  • Ceramic Tile Flooring
  • 8 Detached Carport Spaces

About This Home

As of October 2023

Extremely well maintained 4 plex with 100% occupancy at top dollar. Investor dream, don't miss out on this opportunity! 4 units with 2 beds and 2 baths. Small fenced in yards and huge potential for even more rent.

Last Agent to Sell the Property

Albert Mokry

Fathom Realty Brokerage Phone: 888-455-6040 License #0678215 Listed on: 06/22/2023

Fathom Realty

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,107

Year Built

  • Built in 1991

Lot Details

  • 8,677

Home Design

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

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Detached Carport Spaces

Schools

  • Alvarez Elementary School
  • Brown Middle School
  • Mcallen High School

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • 1-Story Property
  • 8,677 Sq Ft Lot

Community Details

  • 4 Units
  • 3,888 Sq Ft Building
  • Violet Terrace Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 315942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,107

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 29700
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 95.16461
  • Attribution Contact: 888-455-6040
  • Special Features: None
  • Year Built: 1991

Interior Features

  • Interior Amenities: High Speed Internet Available, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Electric
  • Carport Spaces: 8
  • Total Covered Spaces: 8
  • Number Of Parking Spaces: 8
  • Parking Features: Detached Carport
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: VIOLET TERRACE LOT 13
  • Association Type: None

Schools

  • School District: McAllen ISD
  • Elementary School: Alvarez
  • Middle School: Brown
  • High School: Mcallen
  • School District: McAllen ISD
  • Elementary School: Alvarez

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1992
  • Parcel Number: 315942
  • Lot Size Acres: 0.1992
  • Lot Size Sq Ft: 8677.1520

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1991
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 13500.00
  • Gross Annual Income: 43200.00
  • Insurance Expense: 2375
  • Unit Count: 1

Tax Info

  • Special Taxing Entities: No
  • Tax Lot: 13

MLS Schools

  • Middle School Name: Brown
  • Elementary School Name: Alvarez
  • High School Name: Mcallen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 12, 2023
Sold by
Mokry Madeline
Bought by
Cruz Jandette Daniel and German Mendez Ofelia
Seller's Agent
Albert Mokry
Fathom Realty
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
List Price
$409,900
Views
672
Current Estimated Value
$414,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Morales Israel and Morales Aida
Bought by
Morales Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,760
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2004
Sold by
Daswini Sanjan
Bought by
Morales Isarel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.74%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Chatlani Jyott
Bought by
Dadlani Kishin and Chatlani Navin
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cruz Jandette Daniel -- None Listed On Document
Morales Israel -- First American Title Ins Co
Morales Isarel -- Security Land Title Co
Dadlani Kishin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Israel $68,760
Previous Owner Morales Isarel $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold -- -- --
09/27/2023 09/27/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $379,900 -7.3% --
09/09/2023 09/09/23 For Sale $409,900 0.0% --
09/06/2023 09/06/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $409,900 -6.8% --
08/05/2023 08/05/23 Price Changed $439,900 -2.2% --
07/20/2023 07/20/23 Price Changed $449,900 -6.3% --
06/22/2023 06/22/23 For Sale $479,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $10,107 $430,987 $104,112 $326,875
2024 $10,107 $430,987 $104,112 $326,875
2023 $7,785 $330,899 $77,216 $253,683
2022 $7,179 $289,478 $77,216 $212,262
2021 $6,714 $262,801 $77,216 $185,585
2020 $6,762 $265,052 $77,216 $187,836
2019 $6,083 $239,829 $77,216 $162,613
2018 $6,093 $239,829 $77,216 $162,613
2017 $4,667 $182,991 $42,512 $140,479
2016 $3,665 $143,673 $42,512 $101,161
2015 $3,511 $134,537 $34,704 $99,833
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Albert Mokry

    Fathom Realty

    Section Image

  • N

    Buyer's Agent in 2023

    Non-NTREIS MLS Licensee

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20362967

North Texas Real Estate Information Systems (NTREIS)

APN: V4170-00-000-0013-00

Texas Hidalgo County McAllen 78504

412 E Tulip Ave, McAllen, TX

This home is located at 412 E Tulip Ave, McAllen, TX 78504 since 22 June 2023 and is currently estimated at $414,310. This property was built in 1991. 412 E Tulip Ave is a home located in Hidalgo County with nearby schools including Gonzalez Elementary School, Cathey Middle School, and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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