NOT LISTED FOR SALE

714 S Tennessee Ave Weslaco, TX 78596

Estimated Value: $358,000 - $424,718

-- Bed
8 Baths
5,630 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 22, 2014

Current estimated payment $2,927/month

159 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 16 Car Garage
  • Tile Flooring
  • Ceiling Fan

About This Home

As of September 2014

Very well maintained investment property. Parking spaces in front and rear of buildings. Yard expenses $480 per year..*Other expenses ($2640)... Water/trash $140 , Electric $80

Last Agent to Sell the Property

Michael Dubert

Wounded Warrior Realty, Llc Listed on: 04/02/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1995

Lot Details

  • 0.25 Acre Lot

Parking

  • 16 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,630 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Schools

  • Margo Elementary School
  • Central Middle School
  • Weslaco East High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 322225

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Weslaco Original Townsite Subdivision

Building Details

  • Insurance Expense $5,460
  • Maintenance Expense $480
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,984

Year Built

Built in 1995

Lot Details

0

Parking

16

Listing Details

  • Directions: From Bus. 83 head S. on Texas. E. on 8th and N. on Tennessee
  • Year Built: 1995
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2525
  • Road Surface Type: Paved
  • Subdivision Name: Weslaco Original Townsite
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Mike Martinez
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 5630

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Curb & Gutters, Sidewalks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Laundry Facility

Garage/Parking

  • Garage Spaces: 16
  • Covered Parking Spaces: 16
  • Parking Features: No Carport, No Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Margo
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 10998.9
  • Parcel #: 322225
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 13
  • Tax Annual Amount: 3984

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 8
  • Annual Gross Income: 48000
  • Insurance Expense: 5460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2016
Sold by
Beto Salinas Flores Group Llc
Bought by
Vargas Andrea
Current Estimated Value
$391,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
4.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vargas Andrea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Andrea $38,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Sold -- -- --
09/08/2014 09/08/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $349,000 -- $62 / 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 $10,387 $395,154 $78,100 $317,054
2023 $10,009 $396,000 $78,100 $317,900
2022 $8,841 $345,417 $46,750 $298,667
2021 $7,063 $271,705 $46,750 $224,955
2020 $7,249 $271,705 $46,750 $224,955
2019 $7,486 $274,350 $46,750 $227,600
2018 $6,884 $251,626 $46,750 $204,876
2017 $6,859 $251,626 $46,750 $204,876
2016 $6,731 $246,955 $46,750 $200,205
2015 $6,903 $249,884 $46,750 $203,134
Source: Public Records

Agents Affiliated with this Home

  • Michael Dubert

    Seller's Agent in 2014

    Michael Dubert

    Wounded Warrior Realty, Llc

    (956) 789-4141

    2 in this area

    46 Total Sales

    Michael Dubert
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 174778

Greater McAllen Association of REALTORS®

APN: W2300-00-061-0000-02

Texas Hidalgo County Weslaco 78596

714 S Tennessee Ave, Weslaco, TX

Not Listed for Sale

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