NOT LISTED FOR SALE

1308 Prosperity Dr Edinburg, TX 78541

Estimated Value: $313,000 - $482,000

-- Bed
32 Baths
3,808 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 05, 2024

Current estimated payment $2,702/month

176 Days on Market

Highlights

  • Mature Trees
  • Laundry closet
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of April 2024

GREAT INVESTMENT OPPORTUNITY in the great city of Edinburg. This 2 bedroom, 2 bath four-plex has 3,808.00 living square feet including tile flooring, tile countertops, a walk-in closet, all appliances and 2 covered parking spaces per unit. This fourplex is close to everything Edinburg has to offer; UTRGV, Courthouse, Hospital, grocery stores, shops and many restaurants.
This property is ready for its new owners, call and schedule your showing today! :0

Last Agent to Sell the Property

Norma Elizondo

Red Door Real Estate Services Listed on: 09/06/2023

Last Buyer's Agent

Cecilia Olivarez

Hch Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,868

Year Built

  • Built in 2008

Lot Details

  • 9,601 Sq Ft Lot
  • Mature Trees

Home Design

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

Interior Spaces

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number Q307000000002000

Community Details

Overview

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

Building Details

  • Insurance Expense $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,868

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: From 107 turn North on Sugar Rd. and East on Prosperity.
  • Year Built: 2008
  • 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: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 1500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

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: 9601.0596
  • Parcel #: Q307000000002000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6868

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Insurance Expense: 4500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Apr 5, 2024
Sold by
Guerra Eden and Guerra Deyla Yanette
Bought by
Perez Luis Alejandro Go
Seller's Agent
Norma Elizondo
Red Door Real Estate Services
Buyer's Agent
Cecilia Olivarez
Hch Realty
List Price
$350,000
Views
29
Current Estimated Value
$378,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$231,000
Outstanding Balance
$228,626
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$160,746
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
Perez Luis Alejandro Go -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luis Alejandro Go $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold -- -- --
02/29/2024 02/29/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $350,000 0.0% $92 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
09/06/2023 09/06/23 For Sale $350,000 -- $92 / 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 $7,661 $358,857 -- --
2023 $8,517 $354,992 $0 $0
2022 $6,868 $263,752 $0 $0
2021 $6,420 $237,109 $50,400 $186,709
2020 $6,512 $239,326 $50,400 $188,926
2019 $6,708 $241,545 $50,400 $191,145
2018 $5,964 $214,200 $50,400 $163,800
2017 $6,121 $219,084 $40,800 $178,284
2016 $4,721 $168,960 $40,800 $128,160
2015 $4,708 $167,213 $40,800 $126,413
Source: Public Records

Agents Affiliated with this Home

  • Norma Elizondo

    Seller's Agent in 2024

    Norma Elizondo

    Red Door Real Estate Services

    (956) 533-2249

    43 Total Sales

    Norma Elizondo
    Section Image
  • Cecilia Olivarez

    Buyer's Agent in 2024

    Cecilia Olivarez

    Hch Realty

    (956) 353-2401

    81 Total Sales

    Cecilia Olivarez
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 413335

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0020-00

Texas Hidalgo County Edinburg 78541

1308 Prosperity Dr, Edinburg, TX

This home is located at 1308 Prosperity Dr, Edinburg, TX 78541 since 06 September 2023 and is currently estimated at $378,720, approximately $99 per square foot. This property was built in 2008. 1308 Prosperity Dr is a home located in Hidalgo County with nearby schools including Truman Elementary School, B L Garza Middle School, and Edinburg North High School.

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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