NOT LISTED FOR SALE

1302 Prosperity Dr Edinburg, TX 78541

Estimated Value: $358,000 - $484,000

-- Bed
16 Baths
3,808 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 18, 2023

Current estimated payment $2,946/month

245 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 6 Car Garage
  • Laundry closet
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of April 2023

Check out this amazing Fourplex! Great investment opportunity and located in the fast growing city of Edinburg,Tx!

Last Agent to Sell the Property

Jisella Ortiz

Monarca Real Estate Group Llc Listed on: 07/05/2022

Last Buyer's Agent

Ariana Paola Torres

Golden Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,963

Year Built

  • Built in 2004

Lot Details

  • 9,600 Sq Ft Lot
  • Wood Fence

Parking

  • 6 Car Garage
  • 6 Carport Spaces
  • No Garage

Home Design

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

Interior Spaces

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

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Laundry closet
  • Washer

Schools

  • Truman Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Queens Ridge Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number Q307000000001900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,963

Year Built

Built in 2004

Lot Details

0

Parking

6

Listing Details

  • Directions: From 107 turn left on Chapin, turn left on N Crescent ct and another left on W prosperity. property will be. on your left.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2204
  • Road Surface Type: Paved
  • Subdivision Name: Queens Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Efficiency: Attic Fans
  • Building Stories: 1
  • GMAR_Escrow: 3650
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Spaces: 6
  • Garage Spaces: 6
  • Covered Parking Spaces: 12
  • Parking Features: No Garage
  • Total Parking Spaces: 12

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9600.1884
  • Parcel #: Q307000000001900
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6963

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Apr 13, 2023
Sold by
Rotu Investments Llc
Bought by
Matriarchy Investments Llc
Seller's Agent
Jisella Ortiz
Monarca Real Estate Group Llc
Buyer's Agent
Ariana Paola Torres
Golden Valley Real Estate
List Price
$365,000
Views
177
Current Estimated Value
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$260,000
Outstanding Balance
$246,674
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$158,074

Purchase Details

Closed on
Jan 31, 2022
Sold by
New Millennium L Investments Inc
Bought by
Rotu Investments Llc

Purchase Details

Closed on
Jan 31, 2014
Sold by
Villarreal Everardo and South Texas Properties
Bought by
New Millennium L Investments Inc

Purchase Details

Closed on
Dec 15, 2011
Sold by
Medley Montry and Medley Connie
Bought by
South Texas Properties & Investments

Purchase Details

Closed on
May 1, 2006
Sold by
Campos Francisco J and Campos Norma D
Bought by
Garconvil Illiose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,293
Interest Rate
6.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Matriarchy Investments Llc -- Corporation Service
Rotu Investments Llc -- Corporation Service
New Millennium L Investments Inc -- None Available
South Texas Properties & Investments $124,500 None Available
Garconvil Illiose -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matriarchy Investments Llc $260,000
Previous Owner Garconvil Illiose $234,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold -- -- --
03/08/2023 03/08/23 Pending -- -- --
07/05/2022 07/05/22 For Sale $365,000 -- $96 / 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 $8,659 $360,597 $92,160 $268,437
2023 $8,652 $360,597 $92,160 $268,437
2022 $6,697 $257,164 $50,400 $206,764
2021 $6,259 $231,138 $50,400 $180,738
2020 $6,085 $223,656 $50,400 $173,256
2019 $5,915 $213,006 $50,400 $162,606
2018 $5,202 $186,836 $50,400 $136,436
2017 $5,239 $187,510 $40,800 $146,710
2016 $4,536 $162,353 $40,800 $121,553
2015 $4,569 $162,160 $40,800 $121,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 385153

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0019-00