NOT LISTED FOR SALE

905 W Emerald Dr Pharr, TX 78577

Estimated Value: $357,000 - $422,000

Studio
8 Baths
3,422 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 18, 2015

Current estimated payment $2,639/month

75 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 8 Car Garage
  • Patio
  • Central Heating and Cooling System
  • Privacy Fence

About This Home

As of September 2015

Great Investment Opportunity located very close to McAllen, Just South of Nolana, and close proximity to Expressway 281. All 4 units are occupied with a year lease and each unit contains refrigerator, stove, and private patio. Property features include, sprinkler system, front and back security lights and 8 covered parking spaces located in the rear of the building.

Last Agent to Sell the Property

Rosanna Muniz

Muniz Realty Llc Listed on: 04/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 2006

Lot Details

  • 8,189 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

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

  • 3,422 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Outdoor Features

  • 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 L635602000002500

Community Details

Overview

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

Building Details

  • Insurance Expense $2,300
  • Maintenance Expense $540
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,100

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: From Nolana, Go South on Sugar, East on Emerald, 905 W. Emerald is located on the South side of the street
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.188
  • Road Surface Type: Paved
  • Subdivision Name: Los Pinos
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Rosanna Muniz
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3422

Exterior Features

  • Fencing: Privacy
  • Lot Features: Curb & Gutters, Sprinkler System
  • 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, No Garage, Garage Faces Rear

Utilities

  • 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: 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: 8189.28
  • Parcel #: L635602000002500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5100

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 27600
  • Insurance Expense: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Sep 18, 2015
Sold by
Motts Bertha and Motts Trust
Bought by
Lu Ming Tsan
Seller's Agent
Rosanna Muniz
Muniz Realty Llc
List Price
$220,000
Current Estimated Value
$381,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Motts Bertha
Bought by
Motts Bertha and The Motts Trust

Purchase Details

Closed on
Oct 9, 2006
Sold by
S & Z Construction Llc
Bought by
Motts Bertha

Purchase Details

Closed on
Jun 12, 2006
Sold by
J L Salazar Investments 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
$183,502
Interest Rate
6.56%
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
Lu Ming Tsan -- Attorney
Motts Bertha -- None Available
Motts Bertha -- San Jacinto Title Services
S & Z Construction Llc -- Charge San Jacinto Title Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S & Z Construction Llc $183,502
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold -- -- --
06/24/2015 06/24/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $220,000 -- $64 / 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 $7,912 $345,047 $81,920 $263,127
2024 $7,912 $295,000 $54,886 $240,114
2023 $7,665 $286,000 $54,886 $231,114
2022 $6,787 $241,971 $54,886 $187,085
2021 $6,855 $240,000 $54,886 $185,114
2020 $7,111 $245,837 $54,886 $190,951
2019 $6,975 $238,000 $54,886 $183,114
2018 $6,490 $220,170 $54,886 $165,284
2017 $6,431 $216,361 $54,886 $161,475
2016 $5,079 $170,864 $54,886 $115,978
2015 $5,127 $171,989 $54,886 $117,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 183869

Greater McAllen Association of REALTORS®

APN: L6356-02-000-0025-00