NOT LISTED FOR SALE

1213 Prosperity Dr Edinburg, TX 78541

Estimated Value: $347,637 - $482,000

4 Beds
16 Baths
3,808 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 12, 2019

Current estimated payment $2,737/month

34 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2019

Great Investment Property! This property is minutes away from UTRGV. Property features 2 bedrooms, 2 bath and all units include appliances. Don't miss this opportunity!!!

Last Agent to Sell the Property

Norma Hinojosa

Re/Max Elite Listed on: 02/16/2019

Re/Max Elite

Last Buyer's Agent

Nina Farris

Effective Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,202

Year Built

  • Built in 2004

Lot Details

  • 120 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Stove
  • Laundry closet

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number Q307000000001200

Community Details

Overview

  • No Home Owners Association
  • Queen's Ridge Estates Subdivision

Building Details

  • Gross Income $2,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,202

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: North on Sugar Rd. past Chapin turn right on Prosperity Drive.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0027
  • Road Surface Type: Paved
  • Subdivision Name: Queen's Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2000
  • GMAR_LicensedSupervisor: Norma Hinojosa
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3808
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Other
  • Fencing: Other
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 119.79
  • Parcel #: Q307000000001200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6202

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 2310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2019
Closed on
Apr 12, 2019
Sold by
Cesar Sergio P and Cesar Patricia P
Bought by
Yoo Andrew
Seller's Agent
Norma Hinojosa
Re/Max Elite
Buyer's Agent
Nina Farris
Effective Real Estate
List Price
$230,000
Current Estimated Value
$388,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$165,000
Outstanding Balance
$74,589
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$314,659

Purchase Details

Closed on
Mar 28, 2005
Sold by
Medina Cocepcion R and Medina Maria R
Bought by
Cesar Sergio P and Cesar Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.75%
Mortgage Type
Commercial
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
Yoo Andrew -- San Jacinto Title Services
Cesar Sergio P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Andrew $165,000
Previous Owner Cesar Sergio P $138,750
Previous Owner Medina Concepecion R $75,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold -- -- --
03/22/2019 03/22/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $230,000 -- $60 / 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 $7,512 $312,864 $92,736 $220,128
2023 $7,116 $296,600 $92,736 $203,864
2022 $6,716 $257,913 $50,715 $207,198
2021 $6,279 $231,889 $50,715 $181,174
2020 $6,309 $231,889 $50,715 $181,174
2019 $6,500 $234,055 $50,715 $183,340
2018 $6,274 $225,359 $50,715 $174,644
2017 $5,324 $190,528 $41,055 $149,473
2016 $4,526 $161,994 $41,055 $120,939
2015 $4,538 $161,114 $41,055 $120,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 310530

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0012-00