NOT LISTED FOR SALE

1601 W Cortlandt St Edinburg, TX 78541

Estimated Value: $652,000 - $705,248

-- Bed
4 Baths
5,850 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 01, 2024

Current estimated payment $4,780/month

31 Days on Market

Highlights

  • Gated Community
  • High Ceiling
  • Built-In Features
  • Corner Lot
  • Double Pane Windows
  • Walk-In Closet

About This Home

As of May 2024

UNION SQUARE APARTMENTS proudly presents a SIXPLEX in a COMPLETED multi-family apartment community. This private gated community spans over 33 developed acres, just a short distance from the downtown business district and the Univeristy of Texas RGV campus. The surrounding neighborhood is near quality public schools, coffee shops, supermarkets, wine bars, fine dining, yoga classes, day care, parks and recreation, stadiums and entertainment venues, and a University of Texas campus with over 31,000 students just 2 minutes away.Featuring a Sixplex fully leased built to custom home standards with real stone, real brick, and high-end finishes. Nothing is prefabricated and there is no stucco or foam used in their construction. Stainless steel refrigerators, washer and dryers, and window coverings are included in the package. All 6 units 2bed/2 ba with 975 sq ft each unit!

Last Agent to Sell the Property

Janet Clement

Bryan Bjerke Listed on: 01/15/2024

Last Buyer's Agent

Jorge Zambrano

Big Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 2022

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $65 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 5,850 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Porcelain Tile
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 12 Carport Spaces
  • Front Facing Garage
  • Electric Gate

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number U033000000006600

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Union Square Apartments Association
  • Union Square Apartments Subdivision

Building Details

  • Insurance Expense $3,800
  • Maintenance Expense $3,276
  • Gross Income $72,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,253

Year Built

Built in 2022

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Directions: Take Sugar Rd North of Univ of Texas RGV about .9 miles
  • Year Built: 2022
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3933
  • Road Surface Type: Paved
  • Subdivision Name: Union Square Apartments
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 5
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Porcelain Tile
  • Living Area: 5850
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Motorized Gate, Rock Yard, Sprinkler System
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Landscaped, Wood
  • Lot Features: Corner Lot, Curb & Gutters, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 12
  • Covered Parking Spaces: 12
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 12

Utilities

  • Laundry Features: Laundry Closet
  • 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, Gated, Sidewalks, Street Lights
  • Association Fee: 780
  • Association Fee Frequency: Annually
  • Association Name: Union Square Apartments
  • Association: Yes

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: 17132.148
  • Parcel #: U033000000006600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 3

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2253

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 6
  • Annual Gross Income: 72000
  • Insurance Expense: 3800

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold -- -- --
02/16/2024 02/16/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $675,000 -2.0% $115 / Sq Ft
01/15/2024 01/15/24 For Sale $689,000 -- $118 / 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 $12,199 $703,198 $148,148 $555,050
2023 $10,158 $423,354 $86,491 $336,863
2022 $2,252 $86,491 $86,491 $0
2021 $1,623 $59,945 $59,945 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 424136

Greater McAllen Association of REALTORS®

APN: U0330-00-000-0066-00