NOT LISTED FOR SALE

1509 Prosperity Dr Edinburg, TX 78541

Estimated Value: $365,000 - $484,000

-- Bed
16 Baths
3,808 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 10, 2022

Current estimated payment $2,969/month

5 Days on Market

Highlights

  • Mature Trees
  • Slab Porch or Patio
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of May 2022

Ideal location close to University, shopping, and churches. No vacancies --- good rental history! Properties have been well maintained by owner. Covered, rear parking for eight cars. All units come with Refrigerator, Range, and Washer/Dryer. Sprinkler system for lawn. No sign.
Can also be purchased as a package with all or part of MLS #379372, #379386, #379391.

Last Agent to Sell the Property

Joyce Smithers

Keller Williams Realty Rgv Listed on: 03/24/2022

Keller Williams Realty Rgv

Last Buyer's Agent

Rebeca Bermudez

Tnt Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Year Built

  • Built in 2005

Lot Details

  • 9,660 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Mature Trees

Home Design

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

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Slab Porch or Patio

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 Q307000000000200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Queens Ridge Estates Subdivision

Building Details

  • Insurance Expense $2,264
  • Maintenance Expense $694
  • Gross Income $31,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Go north on Sugar Road from Chapin. Turn right onto Prosperity. Four-plex will be on the left. No sign
  • Year Built: 2005
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2218
  • Road Surface Type: Paved
  • Subdivision Name: Queens Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 8000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3808

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Wood
  • Lot Features: Alley, Curb & Gutters, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Attached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: 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
  • 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: 9659.8656
  • Parcel #: Q307000000000200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5957

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 31920
  • Insurance Expense: 2264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 20, 2022
Sold by
Isla Llc
Bought by
Gomez Maribel Jaimes
Seller's Agent
Joyce Smithers
Keller Williams Realty Rgv
Buyer's Agent
Rebeca Bermudez
Tnt Real Estate
List Price
$310,000
Current Estimated Value
$410,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$234,000
Outstanding Balance
$224,184
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$189,483

Purchase Details

Listed on
Jan 17, 2014
Closed on
May 21, 2014
Sold by
Miranda Enrique and Miranda Alyssa B
Bought by
Isla Llc
Seller's Agent
Ronnie Esparza
Realty Executives Rio Grande Valley
List Price
$214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$150,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 17, 2014
Closed on
Apr 29, 2014
Sold by
Santos Reyna Ericka and Santos Gonzalez Reyna Ericka
Bought by
Miranda Enrique and Miranda Alyssa B
Seller's Agent
Ronnie Esparza
Realty Executives Rio Grande Valley
List Price
$214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2005
Sold by
Palacios Builders Inc
Bought by
Gonzalez Heriberto D and Gonzalez Reyna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
6.36%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Palacacios Builders Inc
Bought by
Gonzalez Heriberto D and Gonzalez Reyna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
5.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Gomez Maribel Jaimes -- Simplifile
Isla Llc -- None Available
Miranda Enrique -- None Available
Gonzalez Heriberto D -- None Available
Gonzalez Heriberto D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Maribel Jaimes $234,000
Previous Owner Miranda Enrique $150,000
Previous Owner Gonzalez Heriberto D $152,700
Previous Owner Gonzalez Heriberto D $152,700
Previous Owner Gonzalez Heriberto D $152,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold -- -- --
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $310,000 +44.9% $81 / Sq Ft
05/02/2014 05/02/14 Sold -- -- --
04/02/2014 04/02/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $214,000 -- $56 / 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 $8,775 $365,450 $92,736 $272,714
2023 $8,842 $368,516 $92,736 $275,780
2022 $6,880 $264,220 $50,715 $213,505
2021 $5,957 $219,988 $50,715 $169,273
2020 $5,910 $217,208 $50,715 $166,493
2019 $6,074 $218,722 $50,715 $168,007
2018 $5,837 $209,642 $50,715 $158,927
2017 $6,044 $216,321 $41,055 $175,266
2016 $4,658 $166,712 $41,055 $125,657
2015 $4,671 $165,879 $41,055 $124,824
Source: Public Records

Agents Affiliated with this Home

  • Joyce Smithers

    Seller's Agent in 2022

    Joyce Smithers

    Keller Williams Realty Rgv

    (956) 655-6825

    24 Total Sales

    Joyce Smithers
    Section Image
  • Rebeca Bermudez

    Buyer's Agent in 2022

    Rebeca Bermudez

    Tnt Real Estate

    (956) 328-8473

    111 Total Sales

    Rebeca Bermudez
    Section Image
  • Ronnie Esparza

    Seller's Agent in 2014

    Ronnie Esparza

    Realty Executives Rio Grande Valley

    (956) 433-9557

    51 Total Sales

    Ronnie Esparza
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 379380

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0002-00

Texas Hidalgo County Edinburg 78541

1509 Prosperity Dr, Edinburg, TX

This home is located at 1509 Prosperity Dr, Edinburg, TX 78541 since 24 March 2022 and is currently estimated at $410,667, approximately $107 per square foot. This property was built in 2005. 1509 Prosperity Dr 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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