NOT LISTED FOR SALE

1406 Acme Ln Edinburg, TX 78541

Estimated Value: $356,000 - $484,000

4 Beds
16 Baths
3,808 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 25, 2021

Current estimated payment $3,077/month

14 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2021

Calling all investors! Amazing four-plex now available in Edinburg. The complex has been well maintained, has covered parking and has had a great rental history. The property is located close to schools, parks and grocery stores. The property is also in close proximity to UTRGV and minutes away from the expressway. Don't wait any longer! Come and check out this property before it is gone!

Last Agent to Sell the Property

Marilyn Cortez

Bordertown Realty, Llc Listed on: 04/28/2021

Last Buyer's Agent

Diana Ayala

Imperio Real Estate Llc

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,897

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot

Home Design

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

Interior Spaces

  • 3,808 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
  • 4 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P002100000000800

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

$6,897

Year Built

Built in 2003

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 seventh on the right.
  • Year Built: 2003
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2917
  • Road Surface Type: Paved
  • Subdivision Name: Paisano Trails
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3808
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Detached, Garage Faces Rear
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Area, 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: 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: 12706.0164
  • Parcel #: P002100000000800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6897

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
Apr 28, 2021
Closed on
Jun 25, 2021
Sold by
Guerrero Evelyn
Bought by
Hernandez Oscar Lee
Seller's Agent
Marilyn Cortez
Bordertown Realty, Llc
Buyer's Agent
Diana Ayala
Imperio Real Estate Llc
List Price
$269,000
Current Estimated Value
$416,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$279,837
Outstanding Balance
$255,554
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$166,779
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
Hernandez Oscar Lee -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Oscar Lee $279,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold -- -- --
05/12/2021 05/12/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $269,000 0.0% $71 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $269,000 -- $71 / 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 $9,682 $403,218 $121,977 $281,241
2023 $9,526 $397,034 $121,977 $275,057
2022 $7,228 $277,585 $66,706 $210,879
2021 $6,819 $251,822 $66,706 $185,116
2020 $6,907 $253,857 $66,706 $187,151
2019 $7,050 $253,857 $66,706 $187,151
2018 $6,648 $238,797 $60,354 $178,443
2017 $6,281 $224,805 $54,000 $170,805
2016 $5,117 $183,138 $54,001 $129,137
2015 $4,681 $178,319 $54,001 $124,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 355887

Greater McAllen Association of REALTORS®

APN: P0021-00-000-0008-00