122 North Montemorelos Drive

Alton, TX 78573

$437,000
Price
Beds
3,872 Sq. Ft.
$113 / Sq. Ft.
3,872
Sq. Ft.
$113
per Sq. Ft.

Description

This beautiful fourplex located at 202 N Montemorelos Drive, is a great investment opportunity. Each unit features 3 bedrooms and 2 bathrooms, and 3 of them are currently being rented at $920 a month, with a lot opportunity to raise rents. The property is located in a nice and calm area, making it an ideal place for families or individuals who value peace and quiet. Don't miss out on the chance to own this amazing property and start earning passive income today!This beautiful fourplex located at 202 N Montemorelos Drive, is a great investment opportunity. Each unit features 3 bedrooms and 2 bathrooms, and 3 of them are currently being rented at $920 a month, with a lot opportunity to raise rents. The property is located in a nice and calm area, making it an ideal place for families or individuals who value peace and quiet. Don't miss out on the chance to own this amazing property and start earning passive income today!
  1. Listed by Jesus Angel Gonzalez • TREC #801070810 • Big Realty

Property Details for 122 North Montemorelos Drive

Community Features
Sidewalks, Street Lights
Subdivision Name
Palmasola

Location

Listing Courtesy of Big Realty
Add your commute
LISTING UPDATED: 04/13/2024 01:42 PM

Property Details for 122 North Montemorelos Drive

StatusActive
MLS #427208
Days on Market80
Taxes$8,535 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2013
Lot Size0.18 AC / 7,653 SF
CountyHidalgo County

Location

Listing Courtesy of Big Realty
Add your commute

Building Information for 122 North Montemorelos Drive

Stories-Residences4Year Built2013Building Size-Lot Size0.18 AC / 7,653 SF

Payment Calculator

$3,096 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,385

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 122 North Montemorelos Drive

Summary
Location and General Information
  • Directions: If you are driving from east to west take all 5 mile, pass Stewart and you will see the PalmaSola Subdivision on the north side. The building is on linares on the left side almost at the end.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Midkiff
  • Elementary School District: Mission ISD
  • High School: Veterans Memorial H.S.
  • High School District: Mission ISD
  • Middle Or Junior School: Cantu
  • Middle Or Junior School District: Mission ISD
Taxes and HOA
  • Association: No
  • Parcel Number: P215500000001300
  • Tax Annual Amount: $8,535
  • Tax Legal Description: PALMASOLA LOT 13
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 3872.0
  • Building Area Units: Square Feet
  • Living Area: 3872.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees, Sprinkler System
  • Lot Size Acres: 0.1757
  • Lot Size Area: 7653.0564
  • Lot Size Dimensions: 60x127
  • Lot Size Square Feet: 7653.0564
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2013
  • Year Built Source: HCAD
  • Escrow: $9,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees, Sprinkler System
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Siding
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Deck/Balcony/Porch
  • Roof: Composition Shingle
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Disposal, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: Laundry Closet
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $3,680.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 122 North Montemorelos Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 North Montemorelos Drive

Taxable ValueLand$70,419Additions$194,581Total$265,000
Tax Record2022$6,501 ($542 / month)
Home Facts
Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories1Lot Size7,653 SqFtStyleQuadraplexYear Built2013CountyHIDALGOAPNP2155-00-000-0014-00

Schools near 122 North Montemorelos Drive

This home is within Mission Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hurla M Midkiff Elementary School
PublicPK to 5

Rafael A Cantu J High School
Public6 to 8

Veterans Memorial High School
Public9 to 12

Mission Collegiate High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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122 North Montemorelos Drive is a multi-family home for sale in Alton, TX 78573. This property was listed for sale on February 13, 2024 by Big Realty, it's currently listed at $437,000. It has been on the market for a total of 80 days and was last sold on October 19, 2020. This listing's school district is Mission Consolidated Independent School District. Nearby schools include Hurla M Midkiff Elementary School, Rafael A Cantu J High School and Veterans Memorial High School. 122 North Montemorelos Drive is a 0-bed, 0-bath, 3,872 sqft multi-family home built in 2013.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Big Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.