NOT LISTED FOR SALE

712 E La Cantera Ave McAllen, TX 78503

Estimated Value: $558,000 - $570,000

Studio
8 Baths
4,298 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 25, 2020

Current estimated payment $3,898/month

39 Days on Market

Highlights

  • Gated Community
  • Laundry closet
  • Central Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • Ceiling Fan

About This Home

As of November 2020

Fourplex investment opportunity in McAllen,TX. Gated subdivision. Two units feature two bedrooms and two baths. and other two units feature three bedrooms and three baths. Granite countertops Tile flooring. All units are individually metered for water and electricity. Year built: 2018

Last Agent to Sell the Property

Dean Chan

Global Realty Listed on: 09/09/2020

Last Buyer's Agent

Dean Chan

Global Realty Listed on: 09/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,568

Year Built

  • Built in 2018

Lot Details

  • 10,350 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 4,298 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Roosevelt Elementary School
  • Brown Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number H196500000014700

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Magnolia Association
  • The Heights At Mccoll Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $720
  • Gross Income $32,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,568

Year Built

Built in 2018

Lot Details

10,350 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Directions: Go south on McColl Rd from Expressway 83. Subdivision will be on left side about a mile south.
  • Year Built: 2018
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2376
  • Road Surface Type: Paved
  • Subdivision Name: The Heights At Mccoll
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Other
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4298
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Partial
  • Lot Features: Sprinkler System
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Other Garage or Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Magnolia
  • Association: Yes

Schools

  • Elementary School: Roosevelt
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Brown

Lot Info

  • Lot Size Sq Ft: 10349.856
  • Parcel #: H196500000014700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9568

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 32000
  • Insurance Expense: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Nov 25, 2020
Sold by
Montemayor Marina Elizabeth and Ramirez Homero
Bought by
Guerra Ariana Aissa
Seller's Agent
Dean Chan
Global Realty
Buyer's Agent
Dean Chan
Global Realty
List Price
$385,000
Current Estimated Value
$564,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$378,026
Outstanding Balance
$337,156
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$226,844

Purchase Details

Closed on
Dec 11, 2017
Sold by
Hernandez Longoria Jr Abel and Hernandez Iradier
Bought by
Montemayor Marina Elizabeth and Casillas Marina Elizabeth Montemayor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 21, 2017
Sold by
Esponjas Development Ltd
Bought by
Hernandez Longoria Jr Abel and Hernandez Iradier
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Guerra Ariana Aissa -- San Jacinto Title Services
Montemayor Marina Elizabeth -- Sierra Title
Hernandez Longoria Jr Abel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Ariana Aissa $378,026
Previous Owner Montemayor Marina Elizabeth $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold -- -- --
10/15/2020 10/15/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $385,000 0.0% $90 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $385,000 -- $90 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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 $10,966 $623,935 $139,725 $484,210
2024 $10,966 $572,775 $139,725 $433,050
2023 $13,290 $560,780 $127,305 $433,475
2022 $10,247 $399,166 $64,688 $334,478
2021 $9,345 $354,718 $64,688 $290,030
2020 $9,557 $357,832 $64,688 $293,144
2019 $9,890 $358,241 $64,688 $293,553
2018 $1,795 $64,688 $64,688 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 341722

Greater McAllen Association of REALTORS®

APN: H1965-00-000-0147-00

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