NOT LISTED FOR SALE

4833 W Erie McAllen, TX 78501

Estimated Value: $293,000 - $458,000

8 Beds
16 Baths
3,636 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 29, 2024

Current estimated payment $2,994/month

59 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Laundry closet
  • Romulo D. Martinez Elementary School Rated A-
  • Double Pane Windows
  • Tile Flooring

About This Home

As of February 2024

Investors opportunity!!! Fourplex for sale! Sitting in a big corner lot. Very different layout. One single floor apartments. The two apartments that are located downstairs have an small back yard. The other two are upstairs. Building is two story with red brick cover. Kitchen and bathroom has granite counter top. No Carpet Apartments are located in the heart of Sharyland Plantation. Excellent rent history. Sharyland School District !!

Last Agent to Sell the Property

Laura Cantu

Keller Williams Heritage Listed on: 10/02/2023

Keller Williams Heritage

Last Buyer's Agent

Leah Vargas

Keller Williams Realty Rgv

Keller Williams Realty Rgv

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,160

Year Built

  • Built in 2013

Lot Details

  • 10,324 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $30 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,636 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Carport Spaces
  • No Garage

Schools

  • Martinez Elementary School
  • B.L. Gray Junior High
  • Sharyland High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S294000000004200

Community Details

Overview

  • 41 Buildings
  • 2 Units
  • Sharylanding HOA
  • Shary Landing Subdivision

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,160

Year Built

Built in 2013

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Directions: From Business 83 and Taylor take east on Business 83 and the entrance to Sharylanding will be on your right hand side end of Street
  • Year Built: 2013
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.237
  • Road Surface Type: Paved
  • Subdivision Name: Shary Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 2
  • GMAR_Escrow: 4500
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 3636
  • Window Features: Energy Features (Double Pane Windows)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Mature Trees, None, Sprinkler System
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Wood
  • Lot Features: Corner Lot, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: No Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Association Name: Sharylanding HOA
  • Association: Yes

Schools

  • Elementary School: Martinez
  • High School: Sharyland H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: B.L. Gray Junior High

Lot Info

  • Lot Size Sq Ft: 10324.1556
  • Parcel #: S294000000004200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 41

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10160

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 39600
  • Insurance Expense: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Feb 29, 2024
Sold by
Depaniagua Maria De Lourdes Galvan
Bought by
Luna Rosa Criselda and Escobedo Gerardo
Seller's Agent
Laura Cantu
Keller Williams Heritage
Buyer's Agent
Leah Vargas
Keller Williams Realty Rgv
List Price
$450,000
Views
126
Current Estimated Value
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.59%
Original Mortgage
$437,300
Outstanding Balance
$432,090
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
-$29,757

Purchase Details

Closed on
Aug 18, 2023
Sold by
Egb Family Limited Partnership
Bought by
Garcia Brenda and Sanchez Miguel Posadas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,172
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2022
Sold by
6 Mld Llc
Bought by
Egb Family Limited Partnership

Purchase Details

Closed on
Apr 27, 2012
Sold by
Dg & Gg Investments Llc
Bought by
Galvan Amador Maria De Lourdes

Purchase Details

Closed on
Feb 9, 2011
Sold by
Martinez Arturo
Bought by
Caballero Entertainment Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Luna Rosa Criselda -- True Title Partners
Garcia Brenda -- Corporation Service
Egb Family Limited Partnership -- Corporation Service
Galvan Amador Maria De Lourdes -- San Jacinto Title Services
Dg & Gg Investments Llc -- San Jacinto Title Services
Caballero Entertainment Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Rosa Criselda $437,300
Previous Owner Garcia Brenda $475,172
Previous Owner Galvan Amador Maria De Lourdes $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold -- -- --
11/30/2023 11/30/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $450,000 -- $124 / 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 $9,346 $405,294 $101,185 $304,109
2023 $9,371 $405,810 $101,185 $304,625
2022 $8,479 $338,221 $101,185 $237,036
2021 $7,907 $306,812 $98,088 $208,724
2020 $8,288 $307,323 $98,088 $209,235
2019 $8,544 $309,893 $98,088 $211,805
2018 $8,155 $295,343 $92,925 $202,418
2017 $9,390 $338,860 $92,925 $245,935
2016 $6,908 $249,296 $92,925 $156,371
2015 $6,148 $223,797 $89,311 $134,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 414842

Greater McAllen Association of REALTORS®

APN: S2940-00-000-0042-00