NOT LISTED FOR SALE

1425 Quitaca Dr Edinburg, TX 78541

Estimated Value: $314,000 - $361,000

-- Bed
32 Baths
1,988 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 15, 2023

Current estimated payment $2,163/month

24 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Tile Flooring
  • Double Pane Windows
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of May 2023

Beautiful fourplex in Edinburg, great for investment or to owner occupy and rent the others. Great location close to UTRGV and close to Restaurants, very close to Expressway 281.. Every department building are separated from each other , build in 2019. Tile floors and all appliances like Stove, Refrigerator and stackable Washer and Dryer. 1 Bedroom and 1 Bath and 2 carport spaces for every department. Sprinkler system. All units are rented $600. 24 hrs. showings.
Call today to schedule and appointment

Last Agent to Sell the Property

Raquel Carranca

Capstone Realty Pllc Listed on: 03/17/2023

Last Buyer's Agent

George Diaz

Effective Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,347

Year Built

  • Built in 2019

Lot Details

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

Home Design

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

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

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
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P439000000000400

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 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 on Sugar from University, turn right on Quitaca Dr to the property, sign on property.
  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2023
  • Road Surface Type: Other
  • Subdivision Name: Paseo Del Paisano
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Water Available, Cable Available
  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • 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 #: P439000000000400
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5347

Multi Family

  • Number Of Units In Community: 1
  • 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
May 15, 2023
Sold by
Germed Properties Llc
Bought by
Martinez Marvin B
Seller's Agent
Raquel Carranca
Capstone Realty Pllc
Buyer's Agent
George Diaz
Effective Real Estate
List Price
$297,000
Views
13
Current Estimated Value
$331,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$285,000
Outstanding Balance
$276,915
Interest Rate
6.28%
Mortgage Type
VA
Estimated Equity
$54,887
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
Martinez Marvin B -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Marvin B $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold -- -- --
04/11/2023 04/11/23 Pending -- -- --
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 $4,931 $339,246 -- --
2024 $4,931 $286,230 $84,595 $201,635
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: 400124

Greater McAllen Association of REALTORS®

APN: P4390-00-000-0004-00