NOT LISTED FOR SALE

512 N 6th St Unit 1-4 Donna, TX 78537

Estimated Value: $247,000 - $273,000

-- Bed
4 Baths
2,400 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 04, 2016

Current estimated payment $1,782/month

116 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Tile Flooring
  • 5 Car Garage
  • 1-Story Property

About This Home

As of August 2016

Great investment opportunity in Donna near Expwy 83, HEB, and schools. Each apartment features 1 bedroom with 1bathroom. Apartments have long term tenants and all are in good condition under government housing leases. This is as close to guaranteed rent as possible. Call to day to schedule your showing. Apartment building on 512 N 6th St next door is also available for sale. Make offer matching the price of 2 buildings.

Last Agent to Sell the Property

Roberto Trevino

Encore Fine Properties Listed on: 03/11/2016

Encore Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 2003

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 5 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Stove

Schools

  • Lenoir Elementary School
  • Solis Middle School
  • Donna High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M415001000000600

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Midgett Subdivision

Building Details

  • Insurance Expense $1,500
  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 2003

Lot Details

0

Parking

5

Listing Details

  • Directions: From McAllen head to Donna, Take exit toward TX-433 Spur/Main St, Turn Right on to Coolie Rd/Golie Rd, Turn left onto North Ave, Turn Right onto N 6th Street, Building on Left side of street.
  • Year Built: 2003
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Subdivision Name: Midgett
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 1000
  • GMAR_LicensedSupervisor: Tarunkumar Murjani
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 2400

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Other
  • Fencing: Partial
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking Spaces: 5
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: LeNoir
  • High School: Donna H.S.
  • Junior High Dist: Donna ISD
  • Middle Or Junior School: Solis

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: M415001000000600
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2855

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2000
  • Insurance Expense: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2017
Sold by
Lara Raquel
Bought by
Nieto Joaquin Maria L Juarez and Nieto Juarez Edna Del Carmen
Total Days on Market
116
Current Estimated Value
$259,500

Purchase Details

Listed on
Mar 11, 2016
Closed on
Aug 4, 2016
Sold by
Martinez Angel and Saldana Lucila
Bought by
Valenzuela Jason Gabriel
Seller's Agent
Roberto Trevino
Encore Fine Properties
List Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$100,125
Interest Rate
3.48%
Mortgage Type
Commercial
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
Nieto Joaquin Maria L Juarez -- None Available
Valenzuela Jason Gabriel -- Valley Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valenzuela Jason Gabriel $100,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2016 08/04/16 Sold -- -- --
07/05/2016 07/05/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $157,000 -- $65 / 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 $4,189 $209,328 $34,875 $174,453
2023 $4,893 $186,000 $34,875 $151,125
2022 $4,999 $180,385 $34,875 $145,510
2021 $4,682 $166,000 $34,875 $131,125
2020 $4,860 $166,537 $32,550 $133,987
2019 $4,529 $153,052 $25,110 $127,942
2018 $4,361 $146,999 $25,110 $121,889
2017 $4,485 $141,928 $25,110 $116,818
2016 $3,022 $95,624 $14,415 $81,209
2015 $2,244 $90,344 $14,415 $75,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 193695

Greater McAllen Association of REALTORS®

APN: M4150-01-000-0006-00