NOT LISTED FOR SALE

1805 Cari Nicole Ave Edinburg, TX 78541

Estimated Value: $459,000 - $494,000

-- Bed
8 Baths
3,780 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 28, 2022

Current estimated payment $3,384/month

15 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Central Heating and Cooling System
  • Patio
  • Landscaped
  • Ceiling Fan

About This Home

As of July 2022

EXCELLENT INVESTMENT OPPORTUNITY! This fully leased fourplex includes two 2 bedroom/2 bath units, 1 bedroom/1 bath unit and a 3 bedroom/2 bath unit. Generating $49,200 of gross rental income. Built in 2022, the fourplex has granite counters, laminate flooring throughout entire place, all appliances included, fully fenced, private backyards/patio and much more. Don't hesitate on booking your showing TODAY!

Last Agent to Sell the Property

Alan P. Davila

Imperio Real Estate Llc Listed on: 07/09/2022

Imperio Real Estate Llc

Last Buyer's Agent

Brenda Martinez

Re/Max Elite

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 2022

Lot Details

  • 9,439 Sq Ft Lot
  • Wood Fence
  • Landscaped

HOA Fees

  • $33 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,780 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Outdoor Features

  • Deck
  • Patio

Schools

  • Trevino Elementary School
  • B.L. Garza Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M571501000002000

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Boardwalk Homeowners Association
  • Monmack Place Ph I Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $100
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,102

Year Built

Built in 2022

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: Head north on US-281, exit on E Mile 17 1/2 Rd then take a left. Continue driving east for about four miles, then take a left on Mon Mack Rd then a right on Paola St. Cari Nicole Ave will be at the end of the road.
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2167
  • Road Surface Type: Paved
  • Subdivision Name: Monmack Place Ph I
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Laminate
  • Living Area: 3780

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Landscaped, Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Deck, Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Boardwalk Homeowners Association
  • Association: Yes

Schools

  • Elementary School: Trevino
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 9439.0164
  • Parcel #: M571501000002000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1102

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 49200
  • Insurance Expense: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Jul 26, 2022
Sold by
Golde Investment Group Llc
Bought by
Gonzalez Mariano Gomez and Dennison Caroll I
Seller's Agent
Alan P. Davila
Imperio Real Estate Llc
Buyer's Agent
Brenda Martinez
Re/Max Elite
List Price
$509,000
Current Estimated Value
$486,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%
Original Mortgage
$285,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2022
Closed on
Jun 2, 2022
Sold by
Lac Enterprises Llc
Bought by
Golde Investment Group Llc
Seller's Agent
Alan P. Davila
Imperio Real Estate Llc
Buyer's Agent
Brenda Martinez
Re/Max Elite
List Price
$509,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2021
Sold by
Hope And Blessings Town Llc
Bought by
Lac Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2021
Sold by
Lusso Development Llc
Bought by
Lac Enterprises Llc
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
Gonzalez Mariano Gomez -- Corporation Service
Golde Investment Group Llc -- Corporation Service
Lac Enterprises Llc -- Landtitle Texas Llc
Lac Enterprises Llc -- Landtitle Texas Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golde Investment Group Llc $285,000
Previous Owner Lac Enterprises Llc $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold -- -- --
07/25/2022 07/25/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $509,000 -- $135 / 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 $8,441 $474,588 $95,816 $378,772
2023 $8,067 $451,989 $53,808 $398,181
2022 $1,066 $53,808 $53,808 $0
2021 $1,102 $53,808 $53,808 $0
2020 $1,111 $53,808 $53,808 $0
2019 $1,166 $53,808 $53,808 $0
2018 $925 $42,480 $42,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan P. Davila

    Seller's Agent in 2022

    Alan P. Davila

    Imperio Real Estate Llc

    (956) 624-7301

    16 Total Sales

    Section Image
  • Brenda Martinez

    Buyer's Agent in 2022

    Brenda Martinez

    RE/MAX

    (956) 331-6102

    78 Total Sales

    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 385383

Greater McAllen Association of REALTORS®

APN: M5715-01-000-0020-00

Texas Hidalgo County Edinburg 78541

1805 Cari Nicole Ave, Edinburg, TX

This home is located at 1805 Cari Nicole Ave, Edinburg, TX 78541 since 09 July 2022 and is currently estimated at $471,000, approximately $124 per square foot. This property was built in 2022. 1805 Cari Nicole Ave is a home located in Hidalgo County with nearby schools including R C Flores-Mark A Zapata Elementary School, B L Garza Middle School, and Edinburg North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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