212 Alex Avenue

La Joya, TX 78560

$1,200,000
Price
Beds
9,642 Sq. Ft.
$124 / Sq. Ft.
9,642
Sq. Ft.
$124
per Sq. Ft.

Description

Coldwell Banker Commercial is pleased to offer this 8-Unit income producing asset located in La Joya, Texas. La Joya is a fast growing city in the Rio Grande Valley with an increasing population and a heavily growing demand for residential and multi-family rentals. This newly constructed (2022) multi-plex is an excellent opportunity for portfolio expansion and diversification. Sitting on 0.42 Acres, the site includes a fully covered parking area, central A/C, and in-unit washer and dryer connections....Coldwell Banker Commercial is pleased to offer this 8-Unit income producing asset located in La Joya, Texas. La Joya is a fast growing city in the Rio Grande Valley with an increasing population and a heavily growing demand for residential and multi-family rentals. This newly constructed (2022) multi-plex is an excellent opportunity for portfolio expansion and diversification. Sitting on 0.42 Acres, the site includes a fully covered parking area, central A/C, and in-unit washer and dryer connections. With a high occupancy rate, stable income, and a growing submarket, this property is an excellent opportunity for any investor.
  1. Listed by Cesar Felix • TREC #801068824 • Coldwell Banker La Mansion

Property Details for 212 Alex Avenue

Community Features
Sidewalks
Subdivision Name
San Mateo

Location

Listing Courtesy of Coldwell Banker La Mansion
Add your commute
LISTING UPDATED: 12/29/2023 11:03 AM

Property Details for 212 Alex Avenue

StatusActive
MLS #422982
Days on Market143
Taxes$10,790 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2022
CountyHidalgo County

Location

Listing Courtesy of Coldwell Banker La Mansion
Add your commute

Building Information for 212 Alex Avenue

Building/Complex212 Alex AveFloor-Stories-Residences8Pet Policy-Year Built2022Building Size-

Payment Calculator

$7,448 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$899

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 212 Alex Avenue

Summary
Location and General Information
  • Directions: Head west on expressway 83 turn left on Garza St ( there’s a stripes convenience store on the corner) turn right on 2nd st. Subdivision will be at the end of the block
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 16.0
  • Carport YN: Yes
  • Covered Spaces: 16.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Garage Door Opener
  • Parking Total: 16.0
School Information
  • Elementary School: Tabasco
  • Elementary School District: La Joya ISD
  • High School: La Joya H.S.
  • High School District: La Joya ISD
  • Middle Or Junior School: De Zavala
  • Middle Or Junior School District: La Joya ISD
Taxes and HOA
  • Association: No
  • Parcel Number: S108800000007600
  • Tax Annual Amount: $10,790
  • Tax Legal Description: SAN MATEO LOT 76
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: Blue Prints
  • Building Area Total: 9642.0
  • Building Area Units: Square Feet
  • Living Area: 9642.0
  • Living Area Source: Blue Prints
  • Living Area Units: Square Feet
  • Lot Features: Corner Lot, Sidewalks, Sprinkler System
  • Lot Size Acres: 0.4177
  • Lot Size Area: 18195.012
  • Lot Size Square Feet: 18195.012
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2022
  • Year Built Source: HCAD
  • Escrow: $10,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 8
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler System
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Siding
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Covered Patio
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Laminate
  • Heating: Central
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: Laundry Room
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $108,240.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Other Expense: $.00

Property History for 212 Alex Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 212 Alex Avenue

This home is within La Joya Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 9
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Tabasco Elementary School
PublicPK to 5

Lorenzo De Zavala Middle School
Public6 to 9

La Joya High School
Public9 to 12

Thelma Rosa Salinas Stem Early Col
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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212 Alex Avenue is a multi-family home for sale in La Joya, TX 78560. This property was listed for sale on December 29, 2023 by Coldwell Banker La Mansion, it's currently listed at $1,200,000. This listing's school district is La Joya Independent School District. Nearby schools include Tabasco Elementary School, Lorenzo De Zavala Middle School and La Joya High School. 212 Alex Avenue is a 0-bed, 0-bath, 9,642 sqft multi-family home built in 2022.

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 Coldwell Banker La Mansion

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.