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General Description
minimizeWaller Group Properties is proud to present the Ka'anali Apartments, a 61 unit multifamily complex in Alamo, TX. Built in 2004, this Class B property is currently operating at an NOI of $256,127 at a 9.05% cap rate. The property consists of 61 2BD;1BA units at 620 SF each. ********* OFFERING MEMORANDUM AND DUE DILIGENCE IN ATTACHMENTS *********
MLS#:
14436511 (NTREIS)
Sold Price Range:
$2,501,001 - $2,879,000
Listing Status:
Sold
Address:
311 E Crockett Ave
City:
Alamo
State:
TX
Zip Code:
County:
Subdivision:
Alvarado
Legal Description:
ALVARADO LOT 1
Property Type:
Multi-Family - 5 Plus
Stories:
2
Year Built:
2004 /Appraisal District
Lot Size:
50,007 Sqft. /Appraisal District
Interior Features
Floors:
Ceramic Tile
Heating:
Central Air-Elec, Central Heat-Elec
Other Equipment:
Built-in Refrigerator/Freezer, Range/Oven-Electric, Vent Mechanism
Security System:
Fire/Smoke
Energy Feature:
Ceiling Fans
Interior:
Window Coverings
Exterior Features
Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Concrete, Wood
Parking:
Open, Uncovered
Utility:
Asphalt, City Sewer, City Water
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $1,705,740 | 23.78% | $1,705,740 | 23.78% |
| 2022 | $-- | $1,378,037 | 8.02% | $1,378,037 | 8.02% |
| 2021 | $-- | $1,275,766 | 37.24% | $1,275,766 | 37.24% |
| 2020 | $-- | $929,616 | -26.56% | $929,616 | -26.56% |
| 2019 | $-- | $1,265,764 | 16.63% | $1,265,764 | 16.63% |
| 2018 | $-- | $1,085,288 | 47.51% | $1,085,288 | 47.51% |
| 2016 | $-- | $735,724 | -18.14% | $735,724 | -18.14% |
| 2015 | $-- | $898,720 | -0.84% | $898,720 | -0.84% |
| 2014 | $-- | $906,318 | 17.71% | $906,318 | 17.71% |
| 2013 | $-- | $769,958 | $769,958 |
2023 Hidalgo County Appraisal District Tax Value
| Market Land Value: | $230,000 |
| Market Improvement Value: | $1,475,740 |
| Total Market Value: | $1,705,740 |
2023 Tax Rates
| CITY OF ALAMO: | 0.5817 % |
| DRAINAGE DISTRICT #1: | 0.1179 % |
| HIDALGO COUNTY: | 0.5750 % |
| SOUTH TEXAS COLLEGE: | 0.1615 % |
| DONNA ISD: | 1.1199 % |
| SOUTH TEXAS SCHOOL: | 0.0492 % |
| Total Tax Rate: | 2.6052 % |
Estimated Mortgage/Tax
minimize
$14,512 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 10,809 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 3,703 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Schools (provided by Listing Agent)
Alvarez Elementary School
Brown Middle School
Mcallen High School
View Nearby Schools ↓
Property Map
minimize311 E Crockett Ave Alamo TX 78516 was recently sold. It is a 1.15 Acre(s) Lot, in Alvarado.
View all homes on Crockett
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