$415,000
$5K PRICE DROP

1612 Tampa St Edinburg, TX 78541

Estimated payment $3,064/month

Total Views 3,632
-- Bed
-- Bath
4,088 Sq Ft
$102 Price per Sq Ft

Highlights

  • High Ceiling
  • Patio
  • Tile Flooring
  • Cavazos Elementary School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Prime Investment Opportunity in Edinburg, Texas! This well-maintained fourplex, located in a highly sought-after area, offers an excellent return on investment. New Roof and freshly painted inside and out. Each of the four units features 2 spacious bedrooms and 2 full bathrooms, providing comfortable living spaces that attract and retain tenants. All units currently occupied. The property is situated in a thriving neighborhood close to schools, shopping centers, dining, and major highways, making it a convenient and desirable location for tenants. Whether you’re looking to expand your portfolio or start your real estate journey, this fourplex is a must-see! Don’t miss out on this prime property in Edinburg.

Listing Agent

Christopher Garcia

Icon Realty Stx Listed on: 08/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 2004

Lot Details

  • 10,367 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

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

Interior Spaces

  • 4,088 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Zavala Elementary School
  • Garza Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S686201000003700

Community Details

Overview

  • 4 Units
  • Csw Owners Association
  • Summer Winds Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,355

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Directions: Heading North on Mcoll, neighborhood will be past Chapin St. Turn Right W Nassau St and then right on Tampa. Property will be on the left side.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.238
  • Road Surface Type: Paved
  • Subdivision Name: Summer Winds
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4088

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Attached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: CSW Owners Association
  • Association: Yes

Schools

  • Elementary School: Zavala
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Garza

Lot Info

  • Lot Size Sq Ft: 10366.8444
  • Parcel #: S686201000003700

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8355

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Insurance Expense: 2000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,440 $351,503 $63,757 $287,746
2023 $5,834 $243,153 $63,757 $179,396
2022 $6,030 $231,574 $63,757 $167,817
2021 $6,115 $225,841 $63,757 $162,084
2020 $5,966 $219,263 $73,606 $145,657
2019 $6,089 $219,263 $49,243 $170,020
2018 $6,077 $218,264 $49,243 $169,021
2017 $6,305 $225,638 $51,835 $173,803
2016 $5,128 $183,520 $51,835 $131,685
2015 $4,786 $175,507 $51,835 $123,672
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $415,000 -1.2% $102 / Sq Ft
08/12/2024 08/12/24 For Sale $420,000 +13.5% $103 / Sq Ft
12/07/2023 12/07/23 Sold -- -- --
10/15/2023 10/15/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $370,000 -- $91 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $362,000 Edwards Abstract
Warranty Deed -- Corporation Service Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $899,500 New Conventional
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 447070

Greater McAllen Association of REALTORS®

APN: S6862-01-000-0037-00