$395,000
PENDING

1406 Orlando St Edinburg, TX 78541

Estimated payment $2,843/month

Total Views 1,099
-- Bed
-- Bath
3,640 Sq Ft
$109 Price per Sq Ft

Highlights

  • Above Ground Pool
  • Gated Community
  • Laundry closet
  • Cavazos Elementary School Rated A-
  • Corner Lot
  • Tile Flooring

About This Home

Looking for your next 4 plex investment fully occupied and well maintain property located in corner lot on gate community?
Then look no further this property generating $37,500 gross income annually. Great location near to commercial area and UTRGV.

Listing Agent

Kevin Joseph Martinez

Monarca Real Estate Group Llc Listed on: 07/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,159

Year Built

  • Built in 2009

Lot Details

  • 10,368 Sq Ft Lot
  • Wood Fence
  • Corner Lot

HOA Fees

  • $111 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry closet

Parking

  • 8 Carport Spaces
  • No Garage

Outdoor Features

  • Above Ground Pool
  • Outbuilding

Schools

  • Zavala 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 S686202000010800

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Summer Winds HOA
  • Summer Winds Ph. 1 Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Gross Income $37,500

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,159

Year Built

Built in 2009

Lot Details

0

HOA Fees

$111 per month

Listing Details

  • Directions: Starting at the intersection of McColl Road and Chapin Road, travel east on Chapin Road to the complex entrance located on the north side of the road, just before the canal. Once inside, turn left onto Phoenix Street, then turn right onto Orlando Street.
  • Year Built: 2009
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.238
  • Road Surface Type: Paved
  • Subdivision Name: Summer Winds Ph. 1
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Attic Fans, Other
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 3640

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Other
  • Fencing: Wood
  • Lot Features: Corner Lot
  • Pool Features: Above Ground
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Pool YN: Yes

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage, Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Other, Sidewalks, Street Lights
  • Association Fee: 1330
  • Association Fee Frequency: Annually
  • Association Name: Summer Winds HOA
  • Association: Yes

Schools

  • Elementary School: Zavala
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 10368.1512
  • Parcel #: S686202000010800

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7159

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 37500
  • Insurance Expense: 1200

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,159 $298,152 $63,763 $234,389
2023 $8,176 $340,770 $63,763 $277,007
2022 $7,189 $276,067 $63,763 $212,304
2021 $7,029 $259,569 $63,763 $195,806
2020 $7,620 $280,057 $73,612 $206,445
2019 $6,586 $237,156 $49,248 $187,908
2018 $6,363 $228,531 $49,248 $179,283
2017 $6,460 $231,217 $51,840 $179,377
2016 $5,208 $186,378 $51,840 $134,538
2015 $4,765 $179,562 $51,840 $127,722
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $395,000 +49.1% $109 / Sq Ft
03/16/2020 03/16/20 Sold -- -- --
01/25/2020 01/25/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $265,000 -- $73 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Vendors Lien -- Valley Land Title
Vendors Lien -- San Jacinto Title Services
Warranty Deed -- None Available
Warranty Deed -- San Jacinto Title Services M
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,000 Seller Take Back
Previous Owner $187,500 New Conventional
Previous Owner $160,000 Purchase Money Mortgage
Previous Owner $140,000 Commercial
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 475243

Greater McAllen Association of REALTORS®

APN: S6862-02-000-0108-00