NOT LISTED FOR SALE

1419 Quitaca Dr Edinburg, TX 78541

Estimated Value: $311,000 - $359,000

-- Bed
16 Baths
1,988 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 26, 2023

Current estimated payment $2,340/month

41 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 2023

Great Investment property or Owner occupy one and rent the other 3 units, great location nearby UTRGV and close to restaurants and very close to Montecristo and Expressway 281. Very nice building, each apartment building is separate from each other for privacy, each one is one bedroom and 1 bathroom, every apartment has 2 cover carport spaces. All units are rented $600 a month. Fully rented, schedule your appointment today.

Last Agent to Sell the Property

Raquel Carranca

Capstone Realty Pllc Listed on: 03/17/2023

Last Buyer's Agent

Sylvia Hernandez

Synergy Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,347

Year Built

  • Built in 2019

Lot Details

  • 8,812 Sq Ft Lot
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Siding
  • HardiePlank Type

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

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 P439000000000500

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Paseo Del Paisano Subdivision

Building Details

  • Insurance Expense $1,100
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,347

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Directions: North Sugar, turn rightt on Quitaca Dr to the property
  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2023
  • Road Surface Type: Paved
  • Subdivision Name: Paseo Del Paisano
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None, Thermostat
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (In Attic), Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 1988
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None, Other, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: None
  • Lot Features: Alley, Curb & Gutters, Irregular Lot, Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Water Available, Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • 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: Curbs, None, 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: 8812.188
  • Parcel #: P439000000000500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5347

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 28800
  • Insurance Expense: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 19, 2023
Sold by
Germed Properties Llc
Bought by
Gerardos Rental Properties Llc
Seller's Agent
Raquel Carranca
Capstone Realty Pllc
Buyer's Agent
Sylvia Hernandez
Synergy Realty & Property Management
List Price
$297,000
Views
135
Current Estimated Value
$334,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$222,750
Outstanding Balance
$101,574
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$233,093
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerardos Rental Properties Llc -- San Jacinto Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerardos Rental Properties Llc $222,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold -- -- --
04/28/2023 04/28/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $297,000 0.0% $149 / Sq Ft
04/14/2023 04/14/23 Off Market -- -- --
03/17/2023 03/17/23 For Sale $297,000 -- $149 / 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
2025 $6,873 $285,504 $88,120 $197,384
2024 $6,873 $286,231 $84,595 $201,636
2023 $6,877 $286,615 $84,595 $202,020
2022 $5,347 $205,354 $46,263 $159,091
2021 $5,073 $187,337 $46,263 $141,074
2020 $4,868 $178,909 $37,451 $141,458
2019 $1,040 $37,451 $37,451 $0
2018 $1,043 $37,451 $37,451 $0
2017 $1,046 $37,451 $37,451 $0
2016 $1,046 $37,451 $37,451 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 400192

Greater McAllen Association of REALTORS®

APN: P4390-00-000-0005-00