NOT LISTED FOR SALE

902 S Palm Dr Pharr, TX 78577

Estimated Value: $380,000 - $390,000

-- Bed
16 Baths
4,016 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 30, 2022

Current estimated payment $2,850/month

205 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System
  • Built-In Features
  • Tile Flooring
  • Ceiling Fan

About This Home

As of September 2022

Location, Location, Location!!! Expressway only minutes away, this fourplex brings in high rental income, includes all kitchen appliances AND washer / dryer combos in each unit! Renting at $750 each, with spacious 2 bedrooms and 2 bathrooms. Many restaurants around, commercial plazas, schools, pharmacies & much more the growing city of Pharr has to offer! This fourplex is one of the largest in the subdivision!

Last Agent to Sell the Property

Aurora Trevino

Aurora International Real Estate Listed on: 12/31/2021

Last Buyer's Agent

Jonathan Lindley

Re/Max Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,575

Year Built

  • Built in 2006

Lot Details

  • 8,168

Home Design

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

Interior Spaces

  • 4,016 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Carport Spaces
  • Rear-Facing Garage

Schools

  • Aida C. Escobar Elementary School
  • Kennedy Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • 8,168 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number S025700000006200

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sam Houston Heights Subdivision

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,575

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Head west on Sam Houston Ave, take a left onto s Palm Drive property will be on right hand side. Realtor sign at property!
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1875
  • Road Surface Type: Paved
  • Subdivision Name: Sam Houston Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle, Slate
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4016

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dryer, Washer
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Garage Faces Rear

Utilities

  • Laundry Features: Laundry Closet
  • 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
  • Association: No

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 8167.5
  • Parcel #: S025700000006200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7575

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Sep 30, 2022
Sold by
B & M Group Llc
Bought by
Xperts Credit Solutions Llc
Seller's Agent
Aurora Trevino
Aurora International Real Estate
Buyer's Agent
Jonathan Lindley
Re/Max Platinum
List Price
$360,000
Views
1
Current Estimated Value
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$284,000
Outstanding Balance
$272,330
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$112,670

Purchase Details

Closed on
Jan 17, 2015
Sold by
Villarreal Everardo and South Texas Properties
Bought by
B & M Group Llc

Purchase Details

Closed on
Dec 6, 2011
Sold by
Dupree Daryle L
Bought by
South Texas Properties

Purchase Details

Closed on
Nov 14, 2006
Sold by
Raul Fabela Construction Ltd
Bought by
Dupree Daryle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,600
Interest Rate
6.37%
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
Xperts Credit Solutions Llc -- Corporation Service
B & M Group Llc -- None Available
South Texas Properties $166,600 None Available
Dupree Daryle L -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xperts Credit Solutions Llc $284,000
Previous Owner Dupree Daryle L $166,600
Closed B & M Group Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold -- -- --
07/15/2022 07/15/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $360,000 0.0% $90 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $360,000 0.0% $90 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $360,000 0.0% $90 / Sq Ft
02/09/2022 02/09/22 Price Changed $360,000 +7.5% $90 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $335,000 +915.2% $83 / Sq Ft
12/22/2021 12/22/21 For Sale $33,000 -- $8 / 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 $10,019 $364,044 $87,419 $276,625
2024 $10,019 $373,547 $87,419 $286,128
2023 $10,097 $376,742 $87,419 $289,323
2022 $8,303 $296,003 $63,318 $232,685
2021 $7,361 $257,711 $63,318 $194,393
2020 $7,516 $259,813 $63,318 $196,495
2019 $5,928 $202,295 $45,752 $156,543
2018 $5,766 $195,624 $45,752 $149,872
2017 $5,650 $190,083 $45,752 $144,331
2016 $5,470 $184,020 $45,752 $138,268
2015 $5,288 $177,404 $45,752 $131,652
Source: Public Records

Agents Affiliated with this Home

  • Aurora Trevino

    Seller's Agent in 2022

    Aurora Trevino

    Aurora International Real Estate

    (956) 221-0204

    9 in this area

    89 Total Sales

    Aurora Trevino
    Section Image
  • Jonathan Lindley

    Buyer's Agent in 2022

    Jonathan Lindley

    RE/MAX

    (956) 929-1583

    10 in this area

    140 Total Sales

    Jonathan Lindley
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 372699

Greater McAllen Association of REALTORS®

APN: S0257-00-000-0062-00

Texas Hidalgo County Pharr 78577

902 S Palm Dr, Pharr, TX

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