NOT LISTED FOR SALE

1610 W Broome St Edinburg, TX 78541

Estimated Value: $393,000 - $443,000

-- Bed
3 Baths
3,247 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 20, 2024

Current estimated payment $3,004/month

80 Days on Market

Highlights

  • Gated Community
  • Double Pane Windows
  • Laundry closet
  • Corner Lot
  • Electric Gate
  • Tile Flooring

About This Home

As of September 2024

ATTENTION INVESTORS: Turnkey investment opportunity available, units 2 & 3 are currently tenant occupied, unit 1 was recently vacated, month to month leases, quality tenants ready to sign long term leases, no rent increases in the last 18 months, market rents for the area are $1200-$1250 for 3bd/2ba. Corner lot, fenced, 6 stall carports, 3BD/2BA layouts, Refrigerator/Stove/Washer-Dryer in each unit, private backyards. Exceptionally well-kept units, solid high-quality brick/stone veneer construction, currently no pets. 4 water/electric meters, gated community, strong management, easy access to UTRGV as well as to IH69.

Last Agent to Sell the Property

Albert Salazar

Acclaim Realty Listed on: 05/24/2024

Last Buyer's Agent

Vanessa Grimaldo

Big Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,571

Year Built

  • Built in 2022

Lot Details

  • 10,878 Sq Ft Lot
  • Masonry wall
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $62 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,247 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
  • 6 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 1306047

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Union Square Poa Inc. Association
  • Union Square Apartments Subdivision
  • Planned Unit Development

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $2,000
  • Gross Income $38,400

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,571

Year Built

Built in 2022

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Directions: North on Sugar, left on Cortland, left on Hester
  • Year Built: 2022
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2497
  • Road Surface Type: Paved
  • Subdivision Name: Union Square Apartments
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: 1026
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3247
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Motorized Gate
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Masonry, Privacy, Wood
  • Lot Features: Corner Lot, Curb & Gutters, Professional Landscaping, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: Garage Faces Front

Utilities

  • 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, Gated, Planned Unit Development (PUD), Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 740
  • Association Fee Frequency: Annually
  • Association Name: Union Square POA Inc.
  • 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: 10877.8032
  • Parcel #: 1306047
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9571

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Annual Gross Income: 38400
  • Insurance Expense: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Sep 13, 2024
Sold by
Residential Credit Opportunities Trust and Wilmington Savings Fund Society Fsb
Bought by
Rodriguez Soberanes Jennifer and Fabrizio Rodriguez Jose
Seller's Agent
Albert Salazar
Acclaim Realty
Buyer's Agent
Vanessa Grimaldo
Big Realty
List Price
$429,900
Views
31
Current Estimated Value
$411,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$379,050
Outstanding Balance
$374,789
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$36,860

Purchase Details

Closed on
Apr 8, 2024
Sold by
Avt Title Services Llc
Bought by
Resid Cr Opportunities Trust and Wilmington Svg Fund Society F

Purchase Details

Closed on
Nov 4, 2022
Sold by
Acero Investments Llc
Bought by
Windfield Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.7%
Mortgage Type
New Conventional
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
Rodriguez Soberanes Jennifer $399,000 San Jacinto Title
Resid Cr Opportunities Trust $316,000 None Listed On Document
Windfield Realty Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Soberanes Jennifer $379,050
Previous Owner Windfield Realty Llc $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold -- -- --
08/12/2024 08/12/24 Pending -- -- --
07/27/2024 07/27/24 Price Changed $399,000 -2.4% $123 / Sq Ft
07/07/2024 07/07/24 Price Changed $409,000 -2.6% $126 / Sq Ft
06/19/2024 06/19/24 Price Changed $419,900 -2.3% $129 / Sq Ft
05/24/2024 05/24/24 For Sale $429,900 -- $132 / 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 $9,213 $381,071 $104,429 $276,642
2024 $9,213 $398,920 $104,429 $294,491
2023 $7,672 $319,747 $60,917 $258,830
2022 $1,586 $60,917 $60,917 $0
2021 $1,083 $39,977 $39,977 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Albert Salazar

    Acclaim Realty

    (956) 328-6697

    4 in this area

    18 Total Sales

    Albert Salazar
    Section Image
  • Vanessa Grimaldo

    Buyer's Agent in 2024

    Vanessa Grimaldo

    Big Realty

    (956) 247-4621

    19 in this area

    60 Total Sales

    Vanessa Grimaldo
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 439376

Greater McAllen Association of REALTORS®

APN: U0330-00-000-0090-00

Texas Hidalgo County Edinburg 78541

1610 W Broome St, Edinburg, TX

Not Listed for Sale

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