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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,400 sqft
Subdivision Pilar
MLS Listing ID 387029
Sold Date 12/02/22
HOA Y/N No
Year Built 1980
Annual Tax Amount $7,937
Tax Year 2021
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Apartment
Source Greater McAllen
Property Description
Built in 1980 but signi?cantly improved in 2016 with a new a roof and nearly all new water heaters, this 14 unit complex never has trouble staying fully occupied. The units are primarily occupied by long-term tenants whose rents average to $515/m/unit. Rents can likely be raised up to $600 with little to no attrition. Instead of central heating/cooling systems, the units are climate controlled by 12k BTU window units located in the hallway.
Location
State TX
County Hidalgo
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features None
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Appliance Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
Laundry None
Exterior
Exterior Feature None
Fence Chain Link
Community Features None
View Y/N No
Roof Type Composition Shingle
Garage No
Building
Lot Description Corner Lot
Faces Google maps.
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Adame
Middle Schools Adams
High Schools Agua Dulce H.S.
Others
Tax ID 260511
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