NOT LISTED FOR SALE

721 Robin Ave Unit 1,2,3,4 McAllen, TX 78504

Estimated Value: $410,000 - $435,000

-- Bed
16 Baths
4,200 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 07, 2017

Current estimated payment $2,806/month

90 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Home Security System
  • Gonzalez Elementary School Rated A
  • Patio
  • Central Heating and Cooling System

About This Home

As of August 2017

Location 3x! Near the corner of 10th Street and Trenton. Fully rented units near national chain restaurants, AT&T store, Home Depot, HEB, Target, and more. Sellers are ready to move on a different investment path. Proof of funds for cash purchase or pre-approval with financing.(Please note, information taken from HCAD- year built, bldg. and lot sqft, base tax. Buyer/Selling agent to conduct their own due diligence on HCAD information.) Security alarm/cable ready units. Tile, carpet and vinyl flooring. Washer/Dryer in Unit 2&4 belong to tenants.

Last Agent to Sell the Property

Erma Ramientos

Key Realty Listed on: 03/14/2017

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1996

Lot Details

  • 8,738 Sq Ft Lot
  • Partially Fenced Property

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Stove

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Gonzalez Elementary School
  • Cathey Middle School
  • Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R337000000004700

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Robin Village Subdivision

Building Details

  • Insurance Expense $2,500
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1996

Lot Details

0

Parking

8

Listing Details

  • Directions: Going north on 10th Street, before Trenton, Go east (right) on Robin Avenue. Fourplex is on your right hand side.
  • Year Built: 1996
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2006
  • Road Surface Type: Paved
  • Subdivision Name: Robin Village
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Attic Fans
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 3000
  • GMAR_LicensedSupervisor: n/a
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Other, Refrigerator, Stove/Range, Washer
  • Flooring: Other
  • Living Area: 4200
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Partial
  • Lot Features: Curb & Gutters, Sidewalks
  • 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, No Garage
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Gonzalez
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 8738.136
  • Parcel #: R337000000004700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5896

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 33600
  • Insurance Expense: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Jul 28, 2017
Sold by
Sevilla Vincent C and Sevilla Luningning Achacosoc
Bought by
Garcia Benjamin Israel and Garcia Holly Jo
Seller's Agent
Erma Ramientos
Key Realty
List Price
$299,000
Current Estimated Value
$422,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$261,250
Outstanding Balance
$221,668
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$77,665

Purchase Details

Closed on
May 15, 2006
Sold by
Graciela Allioud Alfonso and Graciela Allioud
Bought by
Luningning Sevcilla Vincent C and Luningning Achcoso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,350
Interest Rate
6.5%
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
Garcia Benjamin Israel -- Valley Land Title
Luningning Sevcilla Vincent C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Benjamin Israel $261,250
Previous Owner Luningning Sevcilla Vincent C $175,350
Previous Owner Sevilla Vincent C $50,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold -- -- --
06/12/2017 06/12/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $299,000 -- $71 / 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 $6,046 $283,164 $92,644 $190,520
2023 $6,662 $283,164 $92,644 $190,520
2022 $6,820 $275,000 $92,644 $182,356
2021 $6,503 $254,552 $62,928 $191,624
2020 $6,549 $256,708 $62,928 $193,780
2019 $6,566 $258,864 $62,928 $195,936
2018 $6,035 $237,530 $61,180 $176,350
2017 $5,570 $218,399 $61,180 $157,219
2016 $4,580 $179,574 $61,180 $118,394
2015 $5,304 $205,477 $62,491 $142,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 204989

Greater McAllen Association of REALTORS®

APN: R3370-00-000-0047-00