NOT LISTED FOR SALE

704 Toronto Ave Unit B1 McAllen, TX 78503

Estimated Value: $990,000

1 Bed
1 Bath
630 Sq Ft
$1,571/Sq Ft Est. Value

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry closet

About This Home

As of February 2024

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Apartment has a classic layout, including kitchen and dining room, bedroom with fan and includes his and hers closet.
Located right off 10th Street very close to the Expressway. Walking distance to La Plaza Mall, restaurants and shops.
Appliances Included: Refrigerator, Stove
Laundry on site
Water/Trash: Flat monthly fee $25

Last Agent to Rent the Property

Cynthia Landin

Landin Realty Listed on: 01/12/2024

Last Renter's Agent

Cynthia Landin

Landin Realty Listed on: 01/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,090

Year Built

  • Built in 1983

Lot Details

  • 0.26

Parking

  • No Garage

Home Design

  • Apartment

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Bonham Elementary School
  • Travis Middle School
  • Mcallen High School

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 1/11/24
  • Tenant pays for electricity, trash collection, water
  • 12 Month Lease Term
  • $40 Application Fee
  • Assessor Parcel Number F135000002000900

Community Details

Overview

  • No Home Owners Association
  • Fairway North Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,090

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Trash Collection, Water
  • Available Date: 2024-01-11
  • Security Deposit: 500
  • GMAR_RentSpreeYN: Yes
  • Pet Deposit: 200

Listing Details

  • Directions: Located right off 10th Street very close to the Expressway.
  • Year Built: 1983
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2601
  • Subdivision Name: Fairway North
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Availability: Immediate
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 630
  • Master Bedroom Features: Other

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Other
  • Home Warranty: No
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Application Fee: 40

Schools

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

Lot Info

  • Lot Size Sq Ft: 11328.2136
  • Parcel #: F135000002000900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Fairway Apartments Tx Llc
Bought by
Fairway North & South Apartments Llc
Current Estimated Value
$990,000

Purchase Details

Closed on
Apr 28, 2023
Sold by
Fairway North & South Apartments Llc
Bought by
Fairway Apartments Tx Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,890,000
Interest Rate
6.6%
Mortgage Type
New Conventional
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
Fairway North & South Apartments Llc -- True Title Lower Valley
Fairway Apartments Tx Llc -- Corporation Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fairway Apartments Tx Llc $2,890,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Rented $775 0.0% --
01/22/2024 01/22/24 Price Changed $775 -3.1% $1 / Sq Ft
01/12/2024 01/12/24 For Rent $800 -- --
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 $25,090 $1,069,911 $140,400 $929,511
2023 $25,444 $1,081,472 $140,400 $941,072
2022 $18,599 $750,000 $140,400 $609,600
2021 $16,690 $653,286 $140,400 $512,886
2020 $16,582 $650,000 $140,400 $509,600
2019 $16,487 $650,000 $140,400 $509,600
2018 $16,400 $645,517 $140,400 $505,117
2017 $12,953 $507,844 $140,400 $367,444
2016 $12,182 $477,625 $140,400 $337,225
2015 $12,648 $484,179 $140,400 $343,779
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Landin

    Landlord's Agent in 2024

    Cynthia Landin

    Landin Realty

    (956) 436-5193

    32 Total Sales

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 423882

Greater McAllen Association of REALTORS®

APN: F1350-00-002-0009-00

Texas Hidalgo County McAllen 78503

704 Toronto Ave Unit B1, McAllen, TX

This home is located at 704 Toronto Ave Unit B1, McAllen, TX 78503 since 12 January 2024 and is currently priced at $990,000. This property was built in 1983. 704 Toronto Ave Unit B1 is a home located in Hidalgo County with nearby schools including Fields Elementary School, Travis Middle School, and McAllen High School.

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