NOT LISTED FOR SALE

417 E Ulex Ave McAllen, TX 78504

Estimated Value: $539,000

-- Bed
14 Baths
5,278 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 24, 2017

Current estimated payment $3,772/month

77 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Central Heating and Cooling System
  • Gonzalez Elementary School Rated A
  • Tile Flooring
  • Ceiling Fan

About This Home

As of April 2017

Great investment opportunity. Perfect rental area in North McAllen. This is an ideal time to make a purchase in a busy area with full occupancy. Back alley entrance just off Violet between McColl and 2nd. Excellent location! Two stories- well maintained.

Last Agent to Sell the Property

Dendea Balli

Keller Williams Realty Rgv Listed on: 01/07/2017

Keller Williams Realty Rgv

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,888

Year Built

  • Built in 1995

Lot Details

  • 8,799 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 13 Car Garage
  • No Garage
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,278 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove
  • Washer and Dryer Hookup

Schools

  • Gonzalez Elementary School
  • Cathey Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number V417000000000500

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Violet Terrace Subdivision

Building Details

  • Insurance Expense $5,500
  • Maintenance Expense $3,000
  • Gross Income $42,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,888

Year Built

Built in 1995

Lot Details

0

Parking

13

Listing Details

  • Directions: 2nd to Violet, East to Chai, South to Ulex
  • Year Built: 1995
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.202
  • Road Surface Type: Paved
  • Subdivision Name: Violet Terrace
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: Dendea L. Balli
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 5278

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Cul-De-Sac, Sidewalks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 13
  • Covered Parking Spaces: 13
  • Open Parking: Yes
  • Parking Features: Off Street, On Street, No Carport, No Garage
  • Total Parking Spaces: 13

Utilities

  • Utilities: Cable Available
  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • 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: Gonzalez
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 8799.12
  • Parcel #: V417000000000500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7888

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 7
  • Annual Gross Income: 42900
  • Insurance Expense: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Apr 24, 2017
Sold by
Jimenez Lucena Ana D and Jimenez Lucena Delia
Bought by
1 417 Ulex A Series Of C & T Ayala Inves
Seller's Agent
Dendea Balli
Keller Williams Realty Rgv
List Price
$315,000
Current Estimated Value
$539,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$248,625
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2008
Sold by
Lucena Ana D
Bought by
Lucena Ana Delia Jimenez and Estate Of Fernando Jimenez
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
1 417 Ulex A Series Of C & T Ayala Inves -- Sierra Title
Lucena Ana Delia Jimenez -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Series 6-1106 W Kelly Ave $1,000,000
Closed Series 1 417 Ulex A Series Of C & T Ayal $1,350,000
Closed 1 417 Ulex A Series Of C & T Ayala Inves $248,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold -- -- --
03/25/2017 03/25/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $315,000 -- $60 / 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
2024 $10,296 $550,000 $105,600 $444,400
2023 $8,608 $365,875 $78,320 $287,555
2022 $7,890 $318,152 $78,320 $239,832
2021 $8,403 $328,909 $78,320 $250,589
2020 $7,899 $309,617 $78,320 $231,297
2019 $7,480 $294,873 $78,320 $216,553
2018 $7,431 $292,500 $78,320 $214,180
2017 $7,037 $275,907 $43,120 $232,787
2016 $6,599 $258,718 $43,120 $215,598
2015 $5,881 $227,352 $35,200 $192,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 202508

Greater McAllen Association of REALTORS®

APN: V4170-00-000-0005-00