NOT LISTED FOR SALE

902 W Emerald Dr Pharr, TX 78577

Estimated Value: $345,000 - $357,000

-- Bed
8 Baths
3,422 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 12, 2014

Current estimated payment $2,511/month

74 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Tile Flooring
  • Double Pane Windows
  • Patio
  • Central Heating and Cooling System

About This Home

As of December 2014

This is a great opportunity to own an investment property close to McAllen, just off of Nolana and near Exp 281. The units are well taken care of. Each unit is tiled throughout with vaulted ceilings in the living area. Each unit comes with a stove, refrigerator, washer, dryer and a small private patio. There is covered parking in the rear with two spaces per unit. The units are fully occupied, several tenants have been there several years. If vacancies occur they are filled quickly. Gross rent presently is $2,340 per month only because several tenants have been there several years. This could easily increase.

Last Agent to Sell the Property

Jerry Warkentin

Berkshire Hathaway Homeservice Listed on: 08/08/2014

Berkshire Hathaway Homeservice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 2006

Lot Details

  • 8,276 Sq Ft Lot
  • Privacy Fence

Parking

  • 8 Car Garage
  • No Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Walk-In Closet
  • 3,422 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number L635601000000600

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Los Pinos Subdivision

Building Details

  • Gross Income $2,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,720

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: From Nolana South on Sugar Rd. East on Emerald Dr.
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Subdivision Name: Los Pinos
  • Garage Yn: Yes
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 5000
  • GMAR_LicensedSupervisor: Tom Shepherd
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3422
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fencing: Privacy
  • 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: Off Street, On Street, Detached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • 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: 8276.4
  • Parcel #: L635601000000600
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 13
  • Tax Annual Amount: 5720

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Roberto Hess Luis and Kay Rosemary
Bought by
Unico Enterprises Lp
Current Estimated Value
$351,000

Purchase Details

Closed on
Jun 1, 2006
Sold by
S & Z Construction Llc
Bought by
Amarillas Susana and Amarillas Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Interest Rate
6.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2005
Sold by
Salinas Ricardo R
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
$170,412
Interest Rate
6.23%
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
Unico Enterprises Lp -- Corporation Service
Amarillas Susana -- Charge San Jacinto Title Ser
S & Z Construction Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amarillas Susana $153,300
Previous Owner Amarillas Susan $54,750
Previous Owner S & Z Construction Llc $170,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold -- -- --
10/21/2014 10/21/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $105,000 -- $31 / 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 $7,220 $269,205 $54,886 $214,319
2023 $8,385 $312,832 $54,886 $257,946
2022 $6,922 $246,796 $54,886 $191,910
2021 $6,844 $239,608 $53,955 $185,653
2020 $6,796 $234,946 $54,886 $180,060
2019 $6,885 $234,946 $54,886 $180,060
2018 $6,190 $210,000 $54,886 $155,114
2017 $5,721 $192,470 $54,886 $137,584
2016 $5,035 $169,397 $54,886 $114,511
2015 $5,054 $169,624 $54,886 $114,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 177293

Greater McAllen Association of REALTORS®

APN: L6356-01-000-0006-00