NOT LISTED FOR SALE

1408 Prosperity Dr Unit A Edinburg, TX 78541

Estimated Value: $353,000 - $484,000

2 Beds
2 Baths
952 Sq Ft
$424/Sq Ft Est. Value

Highlights

  • No HOA
  • Laundry closet
  • Ceiling Fan
  • Slab Porch or Patio
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2023

NICE,CLEAN & READY TO LEASE! 1408 Prosperity Dr. Edinburg TX 78541 Apt. A! Featuring 2 Bedrooms, 2 Bathrooms, 2 Car carport Apartment near UTRGV Campus. Tenant pays water & light! $750 per month, $750 deposit, $50 app fee for each adult living in the unit. NO PETS!

Last Agent to Rent the Property

Hector Guerra

Re/Max Hacienda Listed on: 06/06/2023

Re/Max Hacienda

Last Renter's Agent

Hector Guerra

Re/Max Hacienda Listed on: 06/06/2023

Re/Max Hacienda

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 9,601

Home Design

  • Apartment

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Carport Spaces
  • No Garage
  • Rear-Facing Garage

Schools

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

Additional Features

  • Slab Porch or Patio
  • 9,601 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $800
  • Property Available on 6/6/23
  • Tenant pays for cable TV, electricity, water
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number Q307000000002300

Community Details

Overview

  • No Home Owners Association
  • Queens Ridge Estates Subdivision

Pet Policy

  • No Pets Allowed
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Lease Term: > 12 months
  • Tenant Pays: Cable TV, Electricity, Water
  • Available Date: 2023-06-06
  • Security Deposit: 800
  • GMAR_RentSpreeYN: No
  • Pet Deposit: 500

Listing Details

  • Directions: From University Dr in Edinburg head North on Sugar Rd just past Chapin Rd then right(East) on Prosperity Dr to 1408 Prosperity on the South side of the Street.
  • Year Built: 2003
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2204
  • Subdivision Name: Queens Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Availability: Immediate
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 952
  • Master Bedroom Features: Tub/Shower Combo

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Home Warranty: No
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Attached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No
  • Pets Allowed: No

Fee Information

  • Application Fee: 50

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 #: Q307000000002300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2012
Sold by
The Bank Of New York Mellon
Bought by
Velez Magid
Current Estimated Value
$408,667

Purchase Details

Closed on
Oct 4, 2011
Sold by
Gonzalez Heriberto D and Gonzalez Reyna E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 11, 2006
Sold by
Fletcher-Group Joint Venture No 2
Bought by
Gonzalez Cortina Hector and Cortina Maria Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2006
Sold by
Gonzalez Guillermo and Gonzalez Estella
Bought by
Gonzalez Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.58%
Mortgage Type
Commercial
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
Velez Magid -- None Available
The Bank Of New York Mellon $149,310 None Available
Gonzalez Cortina Hector -- None Available
Gonzalez Heriberto -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Cortina Hector $17,500
Previous Owner Gonzalez Heriberto $21,800
Previous Owner Gonzalez Heriberto D $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Rented $750 0.0% --
06/19/2023 06/19/23 Price Changed $750 -6.3% $1 / Sq Ft
06/10/2023 06/10/23 Price Changed $800 -5.9% $1 / Sq Ft
06/06/2023 06/06/23 For Rent $850 +13.3% --
09/01/2021 09/01/21 Rented $750 -6.3% --
08/18/2021 08/18/21 For Rent $800 -- --
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 $8,702 $362,387 $92,160 $270,227
2023 $8,769 $365,464 $92,160 $273,304
2022 $6,761 $259,627 $50,400 $209,227
2021 $6,333 $233,897 $50,400 $183,497
2020 $6,419 $235,919 $50,400 $185,519
2019 $6,552 $235,919 $50,400 $185,519
2018 $6,326 $227,212 $50,400 $176,812
2017 $5,870 $210,068 $40,800 $169,268
2016 $4,691 $167,905 $40,800 $127,105
2015 $4,593 $163,103 $40,800 $122,303
Source: Public Records

Agents Affiliated with this Home

  • Hector Guerra

    Landlord's Agent in 2023

    Hector Guerra

    RE/MAX

    (956) 605-6200

    166 Total Sales

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 406827

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0023-00

Texas Hidalgo County Edinburg 78541

1408 Prosperity Dr Unit A, Edinburg, TX

This home is located at 1408 Prosperity Dr Unit A, Edinburg, TX 78541 since 06 June 2023 and is currently priced at $403,667. This property was built in 2003. 1408 Prosperity Dr Unit A 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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