NOT LISTED FOR SALE

1212 Prosperity Dr Edinburg, TX 78541

Estimated Value: $367,000 - $484,000

-- Bed
16 Baths
3,808 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 06, 2017

Current estimated payment $2,880/month

211 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 8 Car Garage
  • Tile Flooring
  • Ceiling Fan
  • Privacy Fence

About This Home

As of October 2017

Fully rented out 4-plex! Income producing property that is very well maintained, must see!! Schedule your showing to view this investment property ASAP, this won't last!

Last Agent to Sell the Property

Dendea Balli

Keller Williams Realty Rgv Listed on: 03/07/2017

Keller Williams Realty Rgv

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,395

Year Built

  • Built in 2004

Lot Details

  • 9,583 Sq Ft Lot
  • Privacy Fence

Parking

  • 8 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Stove

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Guerra Elementary School
  • Garza Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Q307000000001800

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $1,400
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,395

Year Built

Built in 2004

Lot Details

0

Parking

8

Listing Details

  • Directions: North on Sugar, pass UTPA to Chapin St., Next right will be Prosperity
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: Dendea Balli
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3808

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Other
  • Fencing: Privacy
  • Lot Features: Sidewalks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage, Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Guerra
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Garza

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: Q307000000001800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 17
  • Tax Annual Amount: 6395

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 28800
  • Insurance Expense: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Aba Group Investments Llc
Bought by
Prosperity Suites Llc
Current Estimated Value
$409,667

Purchase Details

Closed on
Apr 3, 2019
Sold by
Martinez Benito and Martinez Adela
Bought by
Aba Group Investments Llc

Purchase Details

Listed on
Mar 7, 2017
Closed on
Oct 6, 2017
Sold by
Gonzalez Dolores
Bought by
Martinez Benito and Martinez Adela
Seller's Agent
Dendea Balli
Keller Williams Realty Rgv
List Price
$234,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prosperity Suites Llc -- --
Aba Group Investments Llc -- None Available
Martinez Benito -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold -- -- --
10/04/2017 10/04/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $234,500 -- $62 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,780 $366,499 $92,160 $274,339
2023 $6,478 $270,000 $92,160 $177,840
2022 $5,700 $218,900 $50,400 $168,500
2021 $6,362 $234,963 $50,400 $184,563
2020 $5,956 $218,900 $50,400 $168,500
2019 $5,901 $212,500 $50,400 $162,100
2018 $6,042 $217,000 $50,400 $166,600
2017 $5,999 $214,690 $40,800 $173,890
2016 $4,486 $160,553 $40,800 $119,753
2015 $4,514 $160,278 $40,800 $119,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 204645

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0018-00