NOT LISTED FOR SALE

1316 N McColl Rd Edinburg, TX 78541

Estimated Value: $450,000 - $579,000

-- Bed
8 Baths
3,950 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 27, 2022

Current estimated payment $3,615/month

Highlights

  • No HOA
  • Double Pane Windows
  • Tile Flooring
  • Cavazos Elementary School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of December 2022

Let's start your investing portfolio today with this new construction Fourplex located right off McColl Rd. With a neutral color scheme that flows from the exterior into the interior of each unit, this property exuberates warmth. Inside you will find a mid century type design with its expresso cabinets and light porcelain tile throughout. Each unit will convey a fridge, stove, microwave, washer and dryer. Each unit will have 2 units. Building 1 will include a 2 bedroom totaling 993 sq ft and a 1 bedroom at 980 sq ft. Building 2 will include 3 bedroom totaling 1,248 sq ft and 1 bedroom at 725 sq ft. This investment property won't last long. Call me today for your private showing.

Last Agent to Sell the Property

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 12/19/2022

Keller Williams Realty RGV

Last Buyer's Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 12/19/2022

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,366

Year Built

  • Built in 2022

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Sprinkler System

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,950 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 6 Carport Spaces
  • Front Facing Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • De La Vina Elementary School
  • North Jr. High 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
  • Mccoll Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number M270000000001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,366

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Directions: From Expressway 83, head West on Schunior St., take a left heading North on McColl. Property will be located to the right. You should not pass Chapin St.
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2571
  • Road Surface Type: Paved
  • Subdivision Name: Mccoll Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5200
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
  • Flooring: Tile
  • Living Area: 3950
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Wood
  • Lot Features: Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: Garage Faces Front, Detached
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: De La Vina
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: North Jr. High

Lot Info

  • Lot Size Sq Ft: 11200.1472
  • Parcel #: M270000000001000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6366

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
Dec 19, 2022
Closed on
Dec 22, 2022
Sold by
Arqcarpa Design & Construction Llc
Bought by
Gems Properties 1 Llc
Seller's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
Buyer's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
List Price
$525,000
Current Estimated Value
$513,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Jun 1, 2022
Sold by
Mccoll Estates Llc
Bought by
Perez Maria and Perez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 2, 2022
Closed on
May 6, 2022
Sold by
Blue Eagle Holdings Llc
Bought by
Canales Eli Roy and Canales Edna Karina
Seller's Agent
Amy Palacios
Keller Williams Realty RGV
Buyer's Agent
Ana Gabriela Villarreal Bustamante
Pinnacle Realty Advisors
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.25%
Original Mortgage
$163,500
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 2, 2022
Closed on
Mar 22, 2022
Sold by
Selena Garcia Monica
Bought by
Arqcarpa Design & Construction Llc
Seller's Agent
Amy Palacios
Keller Williams Realty RGV
Buyer's Agent
Ana Gabriela Villarreal Bustamante
Pinnacle Realty Advisors
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.52%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 6, 2021
Sold by
Luis Salinas Sergio and Luis Graciela
Bought by
Garcia Monica Selena

Purchase Details

Closed on
Aug 22, 2014
Sold by
Garza Alfredo R and Balli Norma L
Bought by
Salinas Sergio Luis and Hernandez Graciela
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
Gems Properties 1 Llc -- Corporation Service
Perez Maria -- Corporation Service
Canales Eli Roy -- San Jacinto Title
Arqcarpa Design & Construction Llc -- Corporation Service
Garcia Monica Selena -- Corporation Service
Salinas Sergio Luis -- Charge San Jacinto Title Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Maria $163,500
Previous Owner Canales Eli Roy $400,000
Previous Owner Arqcarpa Design & Construction Llc $448,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold -- -- --
12/19/2022 12/19/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $525,000 +303.8% $133 / Sq Ft
03/24/2022 03/24/22 Sold -- -- --
01/19/2022 01/19/22 Pending -- -- --
01/02/2022 01/02/22 For Sale $130,000 -- --
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 $9,819 $408,910 $84,000 $324,910
2023 $9,344 $389,438 $58,800 $330,638
2022 $1,531 $58,800 $58,800 $0
2021 $4,842 $178,831 $178,831 $0
2020 $4,171 $153,284 $153,284 $0
2019 $4,257 $153,284 $153,284 $0
2018 $2,227 $80,000 $80,000 $0
2017 $2,199 $78,686 $78,686 $0
2016 $1,033 $36,960 $36,960 $0
2015 $814 $36,960 $36,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 395499

Greater McAllen Association of REALTORS®

APN: M2700-00-000-0010-00