NOT LISTED FOR SALE

417 E Ulex Ave McAllen, TX 78504

Estimated Value: $458,000 - $597,000

Studio
14 Baths
5,278 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2017

Current estimated payment $3,713 / mo

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

8,799 Sq Ft Lot

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_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

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
$527,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$248,625
Outstanding Balance
$207,401
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$320,099

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
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 1 417 Ulex A Series Of C & T Ayala Inves $248,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $10,296 $453,452 $105,600 $347,852
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

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