NOT LISTED FOR SALE

Estimated Value: $597,000

Studio
16 Baths
8,038 Sq Ft
$74/Sq Ft Est. Value

Last Sold January 14, 2016

Current estimated payment $4,100/month

133 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Tile Flooring
  • Balcony
  • Double Pane Windows
  • 4-minute walk to Cesar Chavez Park

About This Home

As of January 2016

Great Location, Location, Location. One block from I-2 (Expressway 83). Across the street from Chavez Elementary. 8 - Large, Well kept 2 bedroom 1 bath apts approx 1005 sq ft each. All Rented at $500 each. Property is about1/2 acre on a cul de sac lot. Tenants pay own water - units equipped with Ref. & Stove, All tile floors, Centeral A/C. Apts are all in great shape. SELLER IS MOTIVATED.

Last Agent to Sell the Property

Anselmo Trevino

Teecase Realty, Llc Listed on: 08/04/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,955

Year Built

  • Built in 1999

Lot Details

  • 10,690 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 16 Car Garage
  • No Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 8,038 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Outdoor Features

  • Balcony

Schools

  • Chavez Elementary School
  • Memorial Middle School
  • Palmview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number T094004000000400

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Taurus Estates #4 Subdivision

Building Details

  • Gross Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,955

Year Built

Built in 1999

Lot Details

0

Parking

16

Listing Details

  • Directions: I-2 (expwy 83)exit Showers Rd turn S. to Clavel St.to end of street
  • Year Built: 1999
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2454
  • Road Surface Type: Paved
  • Subdivision Name: Taurus Estates #4
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Anselmo Trevino
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 8038
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Deck/Balcony/Porch

Garage/Parking

  • Garage Spaces: 16
  • Covered Parking Spaces: 16
  • Open Parking: Yes
  • Parking Features: Off Street, No Carport, No Garage

Utilities

  • Security: 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: Chavez
  • High School: Palmview H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Memorial

Lot Info

  • Lot Size Sq Ft: 10689.624
  • Parcel #: T094004000000400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 15
  • Tax Annual Amount: 8955

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 8
  • Annual Gross Income: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Jan 8, 2016
Sold by
Alanis Eligio and Alanis Claudia
Bought by
Gf Financial Ventures Llc
Seller's Agent
Anselmo Trevino
Teecase Realty, Llc
List Price
$359,000
Current Estimated Value
$597,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$263,500
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Gf Financial Ventures Llc -- Edwards Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gf Financial Ventures Llc $263,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold -- -- --
12/15/2015 12/15/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $359,000 -- $45 / 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 $12,105 $490,000 $37,408 $452,592
2024 $12,105 $480,000 $37,408 $442,592
2023 $9,949 $400,000 $37,408 $362,592
2022 $10,156 $375,000 $37,408 $337,592
2021 $9,364 $348,312 $37,408 $310,904
2020 $9,549 $351,888 $37,408 $314,480
2019 $9,645 $355,464 $37,408 $318,056
2018 $9,364 $344,226 $37,408 $306,818
2017 $9,111 $336,774 $37,408 $299,366
2016 $8,850 $327,119 $37,408 $289,711
2015 $9,040 $330,463 $37,408 $293,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 187571

Greater McAllen Association of REALTORS®

APN: T0940-04-000-0004-00