$650,000
SOLD MAY 28, 2025
Last list price

418 N 3rd St Donna, TX 78537

-- Bed
-- Bath
5,502 Sq Ft
10,498 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

13 Days on Market

Highlights

  • New Construction
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of May 2025

Brand new 6-unit apartment complex currently under construction and projected for completion by May 2025. Each unit features 2 bedrooms and 1 bathroom, featuring spacious interiors, a bright open floor plan, and contemporary finishes. Conveniently located just off the expressway providing easy access to schools, shopping, and nearby amenities. A strong option for investors seeking a brand new multi-family asset.

Last Agent to Sell the Property

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 04/30/2025

Keller Williams Realty RGV

Last Buyer's Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 04/30/2025

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,646

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 10,498 Sq Ft Lot
  • Irregular Lot

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 5,502 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Salazar Elementary School
  • Veterans Middle School
  • Donna High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lott Town & Improvements Subdivision

Listing and Financial Details

  • Assessor Parcel Number 206097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,646

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Directions: From Expressway 83 take Main St exit and head south, turn west on North Ave, turn south on 3rd St. Property will be on the left hand side.
  • Year Built: 2025
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Road Surface Type: Paved
  • Subdivision Name: Lott Town & Improvements
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: Yes
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 6000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 5502
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Irregular Lot
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Property Condition: New Construction
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No

Schools

  • Elementary School: Salazar
  • High School: Donna H.S.
  • Junior High Dist: Donna ISD
  • Middle Or Junior School: Veterans

Lot Info

  • Lot Size Sq Ft: 10497.96
  • Parcel #: 206097
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3646

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
May 28, 2025
Sold by
Gomez Capital Investments Llc
Bought by
Villasana Real Estate Llc
Seller's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
Buyer's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
List Price
$650,000
Sold Price
$632,500
Premium/Discount to List
-$17,500
-2.69%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 25, 2024
Sold by
Rocha Florentina Gonzalez
Bought by
Gomez Capital Investments Llc
Seller's Agent
Monica Guerra
Real Broker Llc
Buyer's Agent
Carol Villarreal
Real Broker Llc
List Price
$80,000
Sold Price
$50,000
Premium/Discount to List
-$30,000
-37.5%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4314.80%
Original Mortgage
$420,605
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Rocha Gonzalez Ignacio and Rocha Nereida
Bought by
Rocha Florentina Gonzalez

Purchase Details

Closed on
Apr 10, 2012
Sold by
Manrique Ernesto and Manrique Florentina
Bought by
Gonzalez Ignacio Rocha and Gonzalez Nereida Rocha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2010
Sold by
Salinas Juan
Bought by
Manrique Ernesto and Manrique Florentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2006
Sold by
Rios Ricardo
Bought by
Donna Independent School District
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 Type Sale Price Title Company
Warranty Deed -- Capital Title
Warranty Deed -- Sierra Title
Gift Deed -- None Listed On Document
Gift Deed -- None Available
Vendors Lien -- None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,605 New Conventional
Previous Owner $21,000 Purchase Money Mortgage
Previous Owner $21,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold -- -- --
05/13/2025 05/13/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $650,000 +712.5% $118 / Sq Ft
09/27/2024 09/27/24 Sold -- -- --
09/02/2024 09/02/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $80,000 -- $52 / 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 $1,939 $96,900 $23,937 $72,963
2023 $2,562 $97,408 $23,937 $73,471
2022 $2,841 $102,511 $23,937 $78,574
2021 $2,501 $88,655 $23,937 $64,718
2020 $2,318 $79,427 $23,937 $55,490
2019 $2,125 $71,793 $23,937 $47,856
2018 $2,177 $73,385 $23,937 $49,448
2017 $1,991 $63,014 $23,937 $39,077
2016 $1,617 $51,167 $23,937 $27,230
2015 $1,164 $51,167 $23,937 $27,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 469145

Greater McAllen Association of REALTORS®

APN: L0250-00-053-0004-02