NOT LISTED FOR SALE

701 S Doherty Ave Mission, TX 78572

Estimated Value: $224,000 - $310,000

-- Bed
14 Baths
3,442 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 20, 2021

Current estimated payment $1,863/month

84 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Balcony
  • Wood Flooring
  • No HOA
  • Cooling System Powered By Gas

About This Home

As of November 2021

BEST CORNER 4-PLEX LOCATION in Downtown Mission (Leo Najo and Doherty), Investor Handyman's Dream, Building 1 has 3 units with 2 apartments that are 2 bedrooms and 1 bath and a 1 bedroom 1 bath, all units have separate assigned entrances, Building 2 has an upstairs 2 bedrooms and 1 bath unit with an enclosed garage currently used for storage, original hardwood floors and original doors, the units are solid and have no ac systems, lots of natural lighting for a very cozy setting, Newer roof was replaced 2019 and 2020, located across from HEB and on Conway main street restaurants, offices, shopping, etc. Property is also available either cash only or Owner Financing with 20% down, 7% rate mortgaged at 20 or 30 year loan, balloon payment due in 5 years. Upstairs Main Building facing Doherty is only vacant Unit available for viewing. 2018 Structural Engineer Report Available. Selling "as-is." Year built is estimated.

Last Agent to Sell the Property

Edna Taylor

Real Estate Services Listed on: 06/19/2021

Last Buyer's Agent

Lisa Salinas

Keller Williams Realty RGV

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,724

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Mature Trees

Parking

  • 3 Car Garage
  • Side Facing Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Shingle Roof

Interior Spaces

  • Split Bedroom Floorplan
  • 3,442 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Tile
  • Terrazzo

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Castro Elementary School
  • Mission Junior High
  • Veterans Memorial High School

Utilities

  • Cooling System Powered By Gas
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M520000119000500

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Mission Original Townsite Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $1,200
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,724

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Directions: Travel south on Conway from 9th Street in Mission, travel 2 blocks to Leo Najo Street, turn left onto Leo Najo Street, 1 block to Doherty Avenue, property is on the left at the northwest corner of Leo Najo Street and Doherty Lane.
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1722
  • Road Surface Type: Paved
  • Subdivision Name: Mission Original Townsite
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_Escrow: 2500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Water Heater (Other Location), No Conveying Appliances
  • Flooring: Hardwood, Terrazzo, Tile
  • Living Area: 3442

Exterior Features

  • Exterior Features: Balcony, Mature Trees
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Fencing: Chain Link, Partial
  • Lot Features: Corner Lot, Curb & Gutters, Mature Trees, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding (None), Storage
  • Patio And Porch Features: Deck/Balcony/Porch
  • Pool YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Parking Features: Detached, Garage Faces Side
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: None
  • Cooling: Gas, None, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, None
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Castro
  • High School: Veterans Memorial H.S.
  • Junior High Dist: Mission ISD
  • Middle Or Junior School: Mission Junior High

Lot Info

  • Lot Size Sq Ft: 7500.1608
  • Parcel #: M520000119000500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3724

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 19200
  • Insurance Expense: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Nov 2, 2021
Sold by
Nado 4 Apts Llc
Bought by
Cruvia Investments Llc
Seller's Agent
Edna Taylor
Real Estate Services
Buyer's Agent
Lisa Salinas
Keller Williams Realty RGV
List Price
$175,000
Current Estimated Value
$267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Dela Garza Angelica G
Bought by
Nado 4 Apts 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
Cruvia Investments Llc -- Capital Title
Nado 4 Apts Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruvia Investments Llc $650,000
Closed Cruvia Investments Llc $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2021 11/20/21 Sold -- -- --
09/09/2021 09/09/21 Pending -- -- --
07/01/2021 07/01/21 Price Changed $160,000 -8.6% $46 / Sq Ft
06/17/2021 06/17/21 For Sale $175,000 -- $51 / 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 $4,910 $191,100 $67,500 $123,600
2023 $4,655 $183,645 $33,750 $149,895
2022 $4,067 $159,691 $33,750 $125,941
2021 $3,663 $141,702 $33,750 $107,952
2020 $3,724 $139,827 $31,875 $107,952
2019 $2,529 $92,682 $26,250 $66,432
2018 $2,217 $80,740 $26,250 $54,490
2017 $2,273 $81,956 $26,250 $55,706
2016 $2,220 $80,027 $26,250 $53,777
2015 $1,408 $79,075 $26,250 $52,825
2014 $1,408 $50,840 $26,250 $24,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 359582

Greater McAllen Association of REALTORS®

APN: M5200-00-119-0005-00