NOT LISTED FOR SALE

1405 Acme Ln Edinburg, TX 78541

Estimated Value: $348,000 - $482,000

-- Bed
16 Baths
3,780 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 29, 2014

Current estimated payment $2,925/month

227 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Tile Flooring
  • Cul-De-Sac
  • Patio
  • Central Heating and Cooling System

About This Home

As of August 2014

READY TO INVEST IN YOUR FUTURE? LIVE IN ONE, RENT THE OTHER 3. GOOD LOOKING FOUR PLEX MINUTES AWAY FROM THE UNIVERSITY. ALL UNITS ARE RENTED. RENT IS CURRENTLY $525.00 BUT OTHER UNITS IN THE AREA ARE BEING RENTED FOR $600.00 MOTIVATED SELLER!

Last Agent to Sell the Property

Marilyn Cortez

Bordertown Realty, Llc Listed on: 10/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Parking

  • 8 Car Garage
  • No Garage
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,780 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Cano-Gonzales Elementary School
  • Lincoln Middle School
  • Edinburg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number P002100000001500

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Paisano Trails Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,611

Year Built

Built in 2003

Lot Details

0

Parking

8

Listing Details

  • Directions: NORTH ON SUGAR FROM UNIVERSITY, RIGHT ON ACME
  • Year Built: 2003
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Subdivision Name: Paisano Trails
  • Garage Yn: Yes
  • New Construction: No
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: Lori Fernandez
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3780
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Cul-De-Sac, Curb & Gutters, Sidewalks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Cano-Gonzales
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: P002100000001500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 12
  • Tax Annual Amount: 4611

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 25200
  • Insurance Expense: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2005
Sold by
Requenez Roxanna M
Bought by
Guerrero Evelyn S
Current Estimated Value
$408,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.65%
Mortgage Type
Commercial
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
Guerrero Evelyn S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Yun Chia $135,000
Closed Guerrero Evelyn S $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold -- -- --
05/29/2014 05/29/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $205,000 -- $54 / 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 $8,428 $351,000 $121,968 $229,032
2023 $7,555 $314,878 $121,968 $192,910
2022 $7,130 $273,807 $66,701 $207,106
2021 $6,844 $252,766 $66,701 $186,065
2020 $6,347 $233,264 $66,701 $166,563
2019 $6,478 $233,264 $66,701 $166,563
2018 $6,327 $227,242 $60,349 $166,893
2017 $6,002 $214,820 $53,996 $160,824
2016 $5,135 $183,764 $53,996 $129,768
2015 $4,669 $177,866 $53,996 $123,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 169314

Greater McAllen Association of REALTORS®

APN: P0021-00-000-0015-00