NOT LISTED FOR SALE

1513 Acme Ln Edinburg, TX 78541

Estimated Value: $362,000 - $503,000

-- Bed
16 Baths
4,240 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 19, 2021

Current estimated payment $2,867/month

23 Days on Market

Highlights

  • Mature Trees
  • Double Pane Windows
  • Laundry closet
  • No HOA
  • Slab Porch or Patio
  • Tile Flooring

About This Home

As of March 2021

Calling all investors!! Check out this amazing apartment fourplex available in Edinburg! The complex is well maintained, has covered parking and a great rental history. The property is located in a quiet neighborhood close to schools and minutes away from UTRGV. Come and take a tour of this property today!

Last Agent to Sell the Property

Marilyn Cortez

Bordertown Realty, Llc Listed on: 12/22/2020

Last Buyer's Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,639

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System
  • Mature Trees

Home Design

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

Interior Spaces

  • 4,240 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • 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 P002100000002100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Paisano Trails Subdivision

Building Details

  • Insurance Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,639

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: Head north on Sugar Rd. Pass 107. Pass Schunior. Pass Chapin. Pass 17 1/2. Turn right on Acme Lane. Property will be second one on the left.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2917
  • Road Surface Type: Paved
  • Subdivision Name: Paisano Trails
  • Carport Y N: Yes
  • Garage Yn: No
  • 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 (Other Location), Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4240
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Mature Trees, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Mature Trees, 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, Garage Faces Rear

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Area
  • 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, 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: 12706.0164
  • Parcel #: P002100000002100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6639

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Insurance Expense: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Mar 19, 2021
Sold by
Mlma Investments Llc
Bought by
Sarabia Ramiro
Seller's Agent
Marilyn Cortez
Bordertown Realty, Llc
Buyer's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
List Price
$269,900
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
9.36%
Original Mortgage
$262,163
Outstanding Balance
$235,011
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$175,656

Purchase Details

Closed on
Mar 19, 2005
Sold by
Piedra Grande Inc
Bought by
Pruneda Raymond R and Pruneda Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,256
Interest Rate
6.06%
Mortgage Type
Commercial
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
Sarabia Ramiro -- Edwards Abstract
Pruneda Raymond R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarabia Ramiro $262,163
Previous Owner Pruneda Raymond R $14,256
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold -- -- --
01/13/2021 01/13/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $269,900 0.0% $64 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $269,900 -- $64 / 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 $8,375 $405,046 $127,050 $277,996
2024 $8,375 $348,784 $121,968 $226,816
2023 $7,150 $298,005 $121,968 $176,037
2022 $7,611 $292,287 $66,701 $225,586
2021 $7,156 $264,279 $66,701 $197,578
2020 $6,648 $244,355 $66,701 $177,654
2019 $6,959 $250,584 $66,701 $183,883
2018 $6,907 $248,100 $60,349 $187,751
2017 $5,627 $201,396 $53,996 $147,400
2016 $5,294 $189,478 $53,996 $135,482
2015 $4,832 $186,671 $53,996 $132,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 348531

Greater McAllen Association of REALTORS®

APN: P0021-00-000-0021-00