NOT LISTED FOR SALE

803 W Emerald Dr Pharr, TX 78577

Estimated Value: $373,640 - $549,000

Studio
16 Baths
3,422 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 18, 2020

Current estimated payment $2,868/month

24 Days on Market

Highlights

  • No HOA
  • Slab Porch or Patio
  • Tile Flooring
  • Double Pane Windows
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of December 2020

If you are looking for a great investment opportunity, this fully leased 2 bedrooms 2 bath fourplex with a 7.5% Cap is an incredible option! Each unit has a nice Floor Plan with approx. 855 sq ft of living space and private patios. It is conveniently located off of Sugar Road and near Expressway 281 and Jackson Road. This building is also close to DHR Medical Center, Shopping and dining.

Last Agent to Sell the Property

Deldi Ortegon

Keller Williams Realty Rgv Listed on: 09/29/2020

Keller Williams Realty Rgv

Last Buyer's Agent

Karen Cruz

Real Broker Llc

Real Broker Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 2006

Lot Details

  • 8,192 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System
  • Rock Garden

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Rear-Facing Garage

Outdoor Features

  • Slab Porch or Patio

Schools

  • Ramirez Elementary School
  • Lbj Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number L635602000002000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Los Pinos Estate Ph 2 Subdivision

Building Details

  • Insurance Expense $1,600
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,712

Year Built

Built in 2006

Lot Details

8,192 Sq Ft Lot

Listing Details

  • Directions: Turn left onto E Fern Ave, continue onto W Eldora Rd, Turn left onto N Sugar Rd. Turn right onto W Emerald Dr.
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1881
  • Road Surface Type: Paved
  • Subdivision Name: Los Pinos Estate Ph 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_GeocodeConfidence: High
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (In Attic), Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 3422
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Rock Yard, Sprinkler System
  • Interior Amenities: Dryer, Other, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Alley, Curb & Gutters, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached, No Garage, Garage Faces Rear

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 8191.8936
  • Parcel #: L635602000002000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6712

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 32400
  • Insurance Expense: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 16, 2020
Sold by
Manolita Llc
Bought by
Jackson Justin
Seller's Agent
Deldi Ortegon
Keller Williams Realty Rgv
Buyer's Agent
Karen Cruz
Real Broker Llc
List Price
$280,000
Current Estimated Value
$436,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$264,127
Outstanding Balance
$235,152
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$201,061

Purchase Details

Closed on
Nov 1, 2006
Sold by
S & Z Construction Llc
Bought by
Barajas Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2006
Sold by
J L Salazar Investemtn Llc
Bought by
S & Z Construction Llc and Haven Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,802
Interest Rate
6.36%
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
Jackson Justin -- Capital Title
Barajas Ignacio -- San Jacinto Title Services
S & Z Construction Llc -- Charge San Jacinto Title Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Justin $264,127
Previous Owner Barajas Ignacio $165,000
Previous Owner S & Z Construction Llc $181,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold -- -- --
10/19/2020 10/19/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $280,000 -- $82 / 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 $7,526 $460,809 -- --
2024 $7,526 $310,404 $54,887 $255,517
2023 $9,118 $340,187 $54,886 $285,301
2022 $8,310 $296,283 $54,886 $241,397
2021 $7,592 $265,799 $54,886 $210,913
2020 $6,712 $232,046 $54,886 $177,160
2019 $6,740 $230,000 $54,886 $175,114
2018 $6,490 $220,170 $54,886 $165,284
2017 $6,431 $216,361 $54,886 $161,475
2016 $5,842 $196,547 $54,886 $141,661
2015 $5,746 $192,764 $54,886 $137,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 343447

Greater McAllen Association of REALTORS®

APN: L6356-02-000-0020-00

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