NOT LISTED FOR SALE

609 Cancun Unit Lot 3 Pharr, TX 78577

Estimated Value: $379,000 - $401,000

4 Beds
8 Baths
4,032 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 28, 2014

Current estimated payment $2,916/month

41 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2014

SPACIOUS APARTMENTS WITH TILE FLOORS. ALL UNITS HAVE STRONG, LONG TERM TENANTS. THIS IS A GREAT INVESTMENT PROPERTY. LOCATED CLOSE TO HIGHWAY 281, SCHOOLS AND CITY AMENITIES.

Last Agent to Sell the Property

Irene Uribe

Texas Landmark Realty Llc Listed on: 01/16/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 2005

Lot Details

  • 8,850 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Corner Lot
  • Sprinkler System

Parking

  • 8 Car Garage
  • No Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Ramirez Elementary School
  • Lbj Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 Units
  • Vip Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number V012500000000300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 2005

Lot Details

0

Parking

8

Listing Details

  • Directions: GO NORTH ON N. SUGAR RD., RIGHT ON FERGUSON (FM 495), LEFT ON ERICA ST., THEN RIGHT ON CANCUN DR.
  • Year Built: 2005
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2032
  • Road Surface Type: Paved
  • Subdivision Name: Vip Estates
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4032
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Partial, Privacy
  • Lot Features: Corner Lot, Sidewalks, Sprinkler System
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: On Street, Detached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 450
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 8850
  • Parcel #: V012500000000300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 13
  • Tax Annual Amount: 5200

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Tseng Peter Chin Chi and Yang Huei Jung
Bought by
Lira Gerardo Gomez
Current Estimated Value
$389,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Outstanding Balance
$226,689
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$173,311

Purchase Details

Listed on
Jan 16, 2014
Closed on
Mar 26, 2014
Sold by
Hien Trong Nguyen And Thu Nhu Le Living
Bought by
Tseng Peter Chin Chi and Yang Huei Jung
Seller's Agent
Irene Uribe
Texas Landmark Realty Llc
List Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Jul 8, 2013
Sold by
Nguyen Hien Trong and Le Thu Nhu
Bought by
Nguyen Hien Trong and Le Thu Nhu

Purchase Details

Closed on
Nov 14, 2012
Sold by
Garcia Mellissa
Bought by
Garcia Juan and Garcia Rosa Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.41%
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
Lira Gerardo Gomez -- Edwards Abstract
Tseng Peter Chin Chi -- Sierra Title
Nguyen Hien Trong -- None Available
Garcia Juan -- Edwards Abstract And Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lira Gerardo Gomez $250,381
Previous Owner Garcia Juan $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold -- -- --
02/26/2014 02/26/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $230,000 -- $57 / 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 $9,181 $342,290 $59,295 $282,995
2023 $9,260 $345,497 $59,295 $286,202
2022 $7,436 $265,120 $44,250 $220,870
2021 $6,726 $235,462 $44,250 $191,212
2020 $6,872 $237,565 $44,250 $193,315
2019 $7,157 $244,237 $44,250 $199,987
2018 $6,590 $223,567 $44,250 $179,317
2017 $6,528 $219,625 $44,250 $175,375
2016 $5,386 $181,205 $49,118 $132,087
2015 $5,327 $178,629 $49,118 $129,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 171584

Greater McAllen Association of REALTORS®

APN: V0125-00-000-0003-00