NOT LISTED FOR SALE

605 N 12th St Unit 1,2,3 & 4 McAllen, TX 78501

Estimated Value: $283,597 - $294,000

-- Bed
2 Baths
2,310 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 19, 2017

Current estimated payment $1,980/month

2 Days on Market

Highlights

  • No HOA
  • Patio
  • 4 Car Garage
  • Cooling System Mounted In Outer Wall Opening
  • Outdoor Storage
  • Partially Fenced Property

About This Home

As of December 2017

Location, Location, Location!!! This 4-plex is an income producing gold mine! Located in one of McAllen's most beloved areas, near The Mcallen Art Distric and Downtown!!!, zoned to great schools, these apartments are never vacant! Each apartment is 577 sqft. with 1 bedroom and 1 full bath plus a large dining room. Tenant access through the rear with one cover parking space each. Rents can be increased!!!.

Last Agent to Sell the Property

Victor Farias

Chris Hinkle Real Estate Listed on: 10/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1971

Lot Details

  • 7,013 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Stove

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Wilson Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number N540000014000500

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • North Mcallen Subdivision

Building Details

  • Gross Income $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Directions: From Business 83, go N 10th St, then turn left onto Fir Ave, then turn right onto N 12th St, the destination is on your left.
  • Year Built: 1971
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.161
  • Road Surface Type: Paved
  • Subdivision Name: North Mcallen
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Nikki Meyer
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater (Other), Other, Refrigerator, Stove/Range
  • Flooring: Other
  • Living Area: 2310

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4

Utilities

  • Cooling: Other HVAC, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Other HVAC
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Wilson
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 7013.16
  • Parcel #: N540000014000500
  • 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: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Kincaid Devon Leroy and Kincaid Stephanie
Bought by
Rojas David
Current Estimated Value
$287,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,197
Outstanding Balance
$251,844
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$35,305

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 21, 2017
Sold by
Marin Elmer Duque
Bought by
Kincaid Devon Leroy and Kincaid Stephanie
Seller's Agent
Victor Farias
Chris Hinkle Real Estate
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$87,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2008
Sold by
Nordd Investments Llc
Bought by
Duque Marin Elmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2007
Sold by
Esparza Maria Eustaquia Ramirez and Ponce Marcial
Bought by
Nordd Investments Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Esparza Francisco Ramirez
Bought by
Ramirez Esparaza Maria Eustaquia

Purchase Details

Closed on
Jan 10, 2006
Sold by
Kennedy Raymond F and Kennedy Beulah L
Bought by
Esparza Francisco Ramirez

Purchase Details

Closed on
Oct 18, 2005
Sold by
Kennedy Raymond F and Kennedy Beulah L
Bought by
Esparza Francisco Ramirez
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
Rojas David -- Capital Title
Kincaid Devon Leroy -- Sierra Title
Duque Marin Elmer -- San Jacinto Title Services
Nordd Investments Llc -- Vltc
Ramirez Esparaza Maria Eustaquia -- None Available
Esparza Francisco Ramirez -- Charge Sierra Title
Esparza Francisco Ramirez -- Charge Sierra Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas David $259,197
Previous Owner Kincaid Devon Leroy $87,750
Previous Owner Duque Marin Elmer $97,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold -- -- --
11/02/2017 11/02/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $130,000 -- $56 / 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
2025 $5,683 $187,066 $92,750 $94,316
2024 $5,683 $242,319 $80,500 $161,819
2023 $5,701 $242,319 $80,500 $161,819
2022 $4,727 $190,627 $67,200 $123,427
2021 $4,445 $174,012 $67,200 $106,812
2020 $3,466 $135,862 $29,050 $106,812
2019 $3,446 $135,862 $29,050 $106,812
2018 $3,267 $128,592 $28,000 $100,592
2017 $2,855 $111,936 $28,000 $83,936
2016 $2,043 $80,116 $28,000 $52,116
2015 $1,716 $72,908 $28,000 $44,908
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Victor Farias

    Chris Hinkle Real Estate

    (956) 929-4567

    33 Total Sales

    Victor Farias
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 213550

Greater McAllen Association of REALTORS®

APN: N5400-00-014-0005-00

Texas Hidalgo County McAllen 78501

605 N 12th St Unit 1,2,3 & 4, McAllen, TX

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