NOT LISTED FOR SALE

9920 E Saltillo Cir Weslaco, TX 78599

Estimated Value: $321,000 - $469,000

4 Beds
8 Baths
4,000 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 28, 2023

Current estimated payment $2,823/month

74 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • Central Heating and Cooling System
  • No HOA
  • Laundry closet
  • 1-Story Property

About This Home

As of July 2023

Great Investment Opportunity for sale. Fairly new Fourplex available for purchase in the growing city of Weslaco, Texas. This property offers two 3 bedroom 2 bath and two 2 bedroom 2 bath apartments with two parking spaces available for each unit. All units are rented out with Gross Income near to $55,200 a year.

Last Agent to Sell the Property

Brittany Rivas

Imperio Real Estate Llc Listed on: 04/08/2023

Imperio Real Estate Llc

Last Buyer's Agent

Bryanna Hernandez

Imperio Real Estate Llc

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 2020

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Electric Fence

Home Design

  • Quadruplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Gonzalez Elementary School
  • Hogg Middle School
  • Weslaco High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number F766001000003000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Frontera Heights Subdivision

Building Details

  • Gross Income $4,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,711

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Directions: Coming from Expressway 83 take exit onto N Texas Blvd, turn left onto N Texas Blvd, Turn left onto E Mile 12 1/2 N, Turn right onto N Mile 6 W, Turn left onto Durango Dr, Turn right onto E Saltillo Cir, 250 ft and the destination is on your right.
  • Year Built: 2020
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8006
  • Road Surface Type: Paved
  • Subdivision Name: Frontera Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Hardwood
  • Living Area: 4000

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: Electric
  • Lot Features: Cul-De-Sac
  • Home Warranty: No
  • Construction Type: None, Siding
  • Foundation Details: Other
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Gonzalez
  • High School: Weslaco H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Hogg

Lot Info

  • Lot Size Sq Ft: 34874.136
  • Parcel #: F766001000003000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1711

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 4600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
Jul 28, 2023
Sold by
Gonzalez Johnothon and Gonzalez Yamilex
Bought by
Parga Saul A
Seller's Agent
Brittany Rivas
Imperio Real Estate Llc
Buyer's Agent
Bryanna Hernandez
Imperio Real Estate Llc
List Price
$395,000
Views
140
Current Estimated Value
$409,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%
Original Mortgage
$225,000
Outstanding Balance
$220,865
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$193,802

Purchase Details

Closed on
Aug 14, 2020
Sold by
Gonzalez Guadalupe and Mendoza Maria Elizabeth
Bought by
Gonzalez Johnothon
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
Parga Saul A -- None Listed On Document
Gonzalez Johnothon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parga Saul A $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold -- -- --
06/22/2023 06/22/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $330,000 -10.8% $83 / Sq Ft
05/25/2023 05/25/23 Price Changed $370,000 -2.6% $93 / Sq Ft
04/28/2023 04/28/23 Price Changed $380,000 -3.8% $95 / Sq Ft
04/08/2023 04/08/23 For Sale $395,000 -- $99 / 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 $7,113 $379,650 $99,385 $280,265
2023 $2,735 $147,220 $99,385 $47,835
2022 $1,711 $90,925 $47,077 $43,848
2021 $1,615 $84,034 $47,077 $36,957
2020 $1,525 $76,561 $47,077 $29,484
2019 $1,433 $68,826 $40,103 $28,723
2018 $1,444 $69,207 $40,103 $29,104
2017 $1,455 $69,969 $40,103 $29,866
2016 $1,316 $63,280 $38,359 $24,921
2015 $909 $43,752 $38,359 $5,393
2014 $909 $43,804 $38,359 $5,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 401609

Greater McAllen Association of REALTORS®

APN: F7660-01-000-0030-00