$385,000

803 W Emerald Dr Pharr, TX 78577

Estimated payment $2,880/month

Total Views 5,885
-- Bed
-- Bath
3,782 Sq Ft
$102 Price per Sq Ft

Highlights

  • Balcony
  • Laundry Room
  • Central Heating and Cooling System
  • Patio
  • Porcelain Tile
  • Ceiling Fan

About This Home

**Exceptional Investment Opportunity!** Presenting a chance to acquire a well-maintained 4 unit apartment complex. Great Fourplex in an ideal location for rentals. Close to major highways, yet secluded and peaceful in a quiet residential neighborhood. Each Unit is a 2 bed 2 bath with carport. Ready to be sold. Take advantage of the lowered interest rates and send offers before they are gone! This property boasts strong annual income potential with a proven, profitable proforma. Rented units, ensure an immediate cash flow. Motivated seller welcomes all proposals! Don’t miss your chance to enter this lucrative investment. With solid equity and minimal expenses, this money-making opportunity is ready for a new owner!!! Conventionally near 69c and 281. Its unbeatable location puts you close to a wide variety of north mcallen dining and entertainment options. Schedule your tour today!

Listing Agent

Aurora Trevino

Aurora International Real Estate Listed on: 12/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 2006

Lot Details

  • 8,192 Sq Ft Lot
  • Wood Fence
  • Decorative Fence
  • Sprinkler System

Parking

  • 8 Carport Spaces

Home Design

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

Interior Spaces

  • 3,782 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Porcelain Tile
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number L635602000002000

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Buildings
  • 4 Units
  • Los Pinos Estate Ph 2 Subdivision

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,036

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: 803 W Emerald Dr Pharr, TX 78577 United States
  • 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: 1
  • GMAR_Escrow: 3850
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Porcelain Tile, Tile
  • Living Area: 3782

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Decorative Metal, Wood
  • Lot Features: Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Deck/Balcony/Porch, Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Attached
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: PSJA 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: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9036

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Insurance Expense: 1800

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
12/01/2024 12/01/24 For Sale $385,000 +37.5% $102 / 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®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Capital Title
Vendors Lien -- San Jacinto Title Services
Vendors Lien -- Charge San Jacinto Title Ser
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,127 FHA
Previous Owner $155,684 Commercial
Previous Owner $165,000 Commercial
Previous Owner $181,802 Purchase Money Mortgage
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 455855

Greater McAllen Association of REALTORS®

APN: L6356-02-000-0020-00