NOT LISTED FOR SALE

1304 Acme Ln Edinburg, TX 78541

Estimated Value: $364,000 - $505,000

-- Bed
8 Baths
4,240 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 09, 2021

Current estimated payment $2,961/month

10 Days on Market

Highlights

  • 0.38 Acre Lot
  • Corner Lot
  • Double Pane Windows
  • Mature Trees
  • No HOA
  • Slab Porch or Patio

About This Home

As of February 2021

Calling all investors!! Check out this amazing apartment four plex available in Edinburg! The complex is well maintained, has covered parking and a great rental history. Interior of the units features ceramic tile throughout, granite counters, and spacious units. The property is located in a quiet neighborhood close to schools and minutes away from UTRGV. Come and take a tour of this property today!

Last Agent to Sell the Property

Marilyn Cortez

Bordertown Realty, Llc Listed on: 12/22/2020

Last Buyer's Agent

Ana Gabriela Villarreal Bustamante

Pinnacle Realty Advisors

Pinnacle Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,081

Year Built

  • Built in 2004

Lot Details

  • 0.38 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Mature Trees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 4,240 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Outdoor Features

  • Slab Porch or Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number P002100000001100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Paisano Trails Subdivision

Building Details

  • Insurance Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,081

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: Head north on Sugar Rd. Pass 107. Pass Schunior. Pass Chapin. Pass 17 1/2. Turn right on Acme Lane. Property will be the last one on the right.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3824
  • Road Surface Type: Paved
  • Subdivision Name: Paisano Trails
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Water Heater (Other), Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4240
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Corner Lot, Mature Trees, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Other
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Attached, Garage Faces Rear

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs, 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: 16656.9084
  • Parcel #: P002100000001100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7081

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Insurance Expense: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 9, 2021
Sold by
Mlma Investments Llc
Bought by
Young Bryson
Seller's Agent
Marilyn Cortez
Bordertown Realty, Llc
Buyer's Agent
Ana Gabriela Villarreal Bustamante
Pinnacle Realty Advisors
List Price
$269,900
Current Estimated Value
$422,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$179,500
Outstanding Balance
$160,264
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$261,736

Purchase Details

Closed on
May 27, 2015
Sold by
Delbarrio Alfredo
Bought by
Delbarrio Alfredo and Delbarrio Del Barrio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.68%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Bryson -- Edwards Abstract
Delbarrio Alfredo -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Bryson $179,500
Previous Owner Delbarrio Alfredo $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2021 02/09/21 Sold -- -- --
12/31/2020 12/31/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $269,900 +35.0% $64 / Sq Ft
01/12/2016 01/12/16 Sold -- -- -- View Prior Sale
10/26/2015 10/26/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $200,000 -- $47 / 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
2025 $8,784 $351,368 $104,113 $247,255
2024 $8,784 $365,836 $104,113 $261,723
2023 $8,511 $354,716 $104,113 $250,603
2022 $8,032 $308,449 $87,455 $220,994
2021 $7,591 $280,331 $87,455 $192,876
2020 $7,092 $260,654 $87,455 $173,199
2019 $7,000 $252,074 $87,455 $164,619
2018 $7,018 $252,074 $79,126 $172,948
2017 $6,120 $219,015 $70,797 $148,218
2016 $5,317 $190,286 $56,638 $133,648
2015 $4,834 $187,961 $56,638 $131,323
2014 $4,834 $172,974 $54,971 $118,003
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Cortez

    Seller's Agent in 2021

    Marilyn Cortez

    Bordertown Realty, Llc

    (956) 587-1633

    26 in this area

    115 Total Sales

    Marilyn Cortez
    Section Image
  • JD Lowe

    Seller's Agent in 2016

    JD Lowe

    Signature Properties

    (956) 451-6949

    8 Total Sales

    JD Lowe
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 348527

Greater McAllen Association of REALTORS®

APN: P0021-00-000-0011-00

Texas Hidalgo County Edinburg 78541

1304 Acme Ln, Edinburg, TX

Not Listed for Sale

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