$100,000
SOLD MAY 11, 2022
Last list price

503 E Cano St Edinburg, TX 78539

-- Bed
-- Bath
7,100 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Concrete Flooring
  • Jefferson Elementary School Rated A
  • 6 Car Garage
  • 1-Story Property

About This Home

As of May 2022

LOCATION...LOCATION...LOCATION!! This property is located in the prime area of East Cano, a few blocks east from the new Hidalgo County Courthouse. This multi-family 6 unit apartment building will be sold as is. It needs TLC. It is ready to be used for the purpose of your commercial needs. This area is called Edinburg Old Townsite, great investment opportunity!!

Last Agent to Sell the Property

Diana Romero

Marcus Phipps Real Estate Llc Listed on: 04/14/2022

Last Buyer's Agent

Diana Romero

Marcus Phipps Real Estate Llc Listed on: 04/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1967

Lot Details

  • 7,100 Sq Ft Lot
  • Irregular Lot

Parking

  • 6 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 7,100 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Schools

  • Jefferson Elementary School
  • Barrientes Middle School
  • Vela High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Edinburg Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number E330000249001600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,960

Year Built

Built in 1967

Lot Details

0

Parking

6

Listing Details

  • Directions: From Exp 281, head west on University drive. Turn left on 16th Street, then turn right on Cano Street. The property will be to the right side of Cano Street if you are traveling west. The apartments will have the address 503 E. Cano on the outer wall of the building.
  • Year Built: 1967
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Road Surface Type: Paved
  • Subdivision Name: Edinburg Original Townsite
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 10000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Built-up/Gravel
  • Appliances: Electric Water Heater, No Conveying Appliances
  • Flooring: Concrete
  • Living Area: 7100

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: None
  • Lot Features: Irregular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Other
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Garage Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: None
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Jefferson
  • High School: Vela H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Barrientes

Lot Info

  • Lot Size Sq Ft: 7099.8444
  • Parcel #: E330000249001600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2960

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Romero Irma G
Bought by
Martinez Jose Reynold and Jr Mart
Current Estimated Value
$289,000

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 16, 2022
Sold by
Rodrigo Garcia Jr
Bought by
Romero Irma G
Seller's Agent
Diana Romero
Marcus Phipps Real Estate Llc
Buyer's Agent
Diana Romero
Marcus Phipps Real Estate Llc
List Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%
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 Type Sale Price Title Company
Warranty Deed -- Corporation Service
Warranty Deed -- Corporation Service
Warranty Deed -- Corporation Service
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold -- -- --
04/19/2022 04/19/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $100,000 -- $14 / 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 $1,799 $74,905 $74,905 --
2023 $1,797 $74,905 $74,905 $0
2022 $2,847 $109,321 $53,960 $55,361
2021 $2,572 $94,990 $53,960 $41,030
2020 $2,584 $94,990 $53,960 $41,030
2019 $2,638 $94,990 $53,960 $41,030
2018 $2,603 $93,504 $53,960 $39,544
2017 $2,511 $89,876 $46,150 $43,726
2016 $2,218 $79,371 $46,150 $33,221
2015 $1,685 $80,478 $46,150 $34,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 380206

Greater McAllen Association of REALTORS®

APN: E3300-00-249-0016-00