NOT LISTED FOR SALE

1804 Agua Fina Ave Edinburg, TX 78541

Estimated Value: $354,000 - $486,000

-- Bed
8 Baths
3,780 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 22, 2024

Current estimated payment $2,874/month

107 Days on Market

Highlights

  • High Ceiling
  • Walk-In Closet
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of July 2024

Discover your future investment at this remarkable property that promises not only an enticing location but also unparalleled potential. Two vacant spaces await your vision, nestled in proximity to the esteemed University of Texas Rio Grande Valley and thriving commercial establishments along University Drive. Tenants take charge of their water and electricity usage, promoting a sense of responsibility. Come and witness the possibilities that await in this prime real estate opportunity.

Last Agent to Sell the Property

Boone Tyson

Tnt Real Estate Listed on: 03/08/2024

Last Buyer's Agent

Jose Lopez

Encore Fine Properties

Encore Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,469

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Wood Fence

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 3,780 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • De La Vina 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 S181003000004200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Santa Fe Estates Subdivision

Building Details

  • Insurance Expense $329
  • Maintenance Expense $221
  • Gross Income $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,469

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: Start by heading west on University Drive, and take a left onto N. Jackson Road. As you proceed, make a right turn onto Agua Fina Avenue, where you'll find the fourplex conveniently situated on the right side of the street. GPS will be able to guide you towards the fourplex.
  • Year Built: 2002
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2663
  • Road Surface Type: Paved
  • Subdivision Name: Santa Fe Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 3700
  • 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: 3780

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer
  • Fencing: Partial, Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • 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: Sidewalks
  • Association: No

Schools

  • Elementary School: De La Vina
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 11600.028
  • Parcel #: S181003000004200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8469

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 1700
  • Insurance Expense: 329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jul 18, 2024
Sold by
Juarez Raymond Z and Juarez Irene
Bought by
Alshomaly Farid
Seller's Agent
Boone Tyson
Tnt Real Estate
Buyer's Agent
Jose Lopez
Encore Fine Properties
List Price
$365,000
Views
39
Current Estimated Value
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$292,000
Outstanding Balance
$290,042
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$126,291

Purchase Details

Listed on
Nov 30, 2020
Closed on
Apr 6, 2021
Sold by
Lopes Xavier and Lopes Baves G
Bought by
Juarez Raymond Z and Juarez Irene
Seller's Agent
Erma Ramientos
Key Realty
Buyer's Agent
Laura Barbosa
Key Realty
List Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$206,625
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Arriaga Oscar and Arriaga Graciela V
Bought by
Lopez Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alshomaly Farid -- True Title Partners
Juarez Raymond Z -- Valley Land Title
Lopez Xavier -- Edwards Abstract And Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alshomaly Farid $292,000
Previous Owner Juarez Raymond Z $206,625
Previous Owner Lopez Xavier $172,000
Previous Owner Lopes Xavier $21,500
Previous Owner Arriaga Oscar $177,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold -- -- --
06/24/2024 06/24/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $365,000 0.0% $97 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $365,000 -2.7% $97 / Sq Ft
03/08/2024 03/08/24 For Sale $375,000 +34.4% $99 / Sq Ft
04/29/2021 04/29/21 Sold -- -- --
02/24/2021 02/24/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $279,000 0.0% $74 / Sq Ft
02/08/2021 02/08/21 For Sale $279,000 +3.0% $74 / Sq Ft
01/14/2021 01/14/21 Off Market -- -- --
12/31/2020 12/31/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $271,000 0.0% $72 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $271,000 0.0% $72 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/29/2020 11/29/20 For Sale $271,000 -- $72 / 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 $8,476 $352,976 $73,080 $279,896
2023 $8,062 $336,000 $73,080 $262,920
2022 $8,677 $333,227 $73,080 $260,147
2021 $6,870 $253,702 $69,600 $184,102
2020 $6,958 $255,742 $69,600 $186,142
2019 $7,159 $257,781 $69,600 $188,181
2018 $6,878 $247,055 $69,600 $177,455
2017 $6,942 $248,453 $79,170 $169,283
2016 $5,174 $185,176 $52,780 $132,396
2015 $4,093 $175,891 $52,780 $123,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 429733

Greater McAllen Association of REALTORS®

APN: S1810-03-000-0042-00