tomo logo

$599,000

Beds
3
Baths
2.0
sq ft
2,429

5307 FM-493, Donna, TX 78537

5307 FM-493

Donna, TX 78537

  • 277 days on market
    • Price drop $26,000↓
COMMERCIAL POTENTIAL! Convert the home into an office. Plenty of space out back to park vehicles. Great Investment Opportunity! Recently remodeled large 3 bedroom 2 bath rental home on 2.32 acres with an additional rental income from 12 mobile home/RV spaces. You can also live in the home and receive rental income every month. Come check out this property to see all that it offers. OWNER FINANCING AVAILABLE!!

Details

Property type

Single Family Residence

Est. home value

$348,668

Lot size

2.32 acres

Price per sq ft

$247

Year built

1988

Annual property taxes

$6,828

Price History

07/30/2024
McAllenTX

McAllenTX #426444

Price change
$599,000
-4.16%
02/01/2024
McAllenTX

McAllenTX #426444

Listed
$625,000

Schools & Community

Elementary school: 

Adame

Middle school: 

Veterans

High school: 

Donna H.S.

Community features: 

None

High school district: 

Donna ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bon Viejo Estates Ii Lp

Loan start date

May 2019

Original loan amount

$44,250

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

Purchase Money Mortgage, 20 year

Seller

Alan Galarza and Yoely Anahi Galarza

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 1:30 PM

Listing updated: 10/22/2024 at 1:10 PM

Listed by: Priscilla E. Coronado, Re/Max Hacienda Phone #: (956) 782-9222

MLS: McAllenTX #426444

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