$405,000

1816 Horsetail Falls Edinburg, TX 78539

Estimated payment $3,006/month

Total Views 246
-- Bed
-- Bath
3,814 Sq Ft
$106 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Patio
  • Tile Flooring
  • Freddy Gonzalez Elementary School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Located in a desirable area near the university, hospitals, and essential services, this well-maintained fourplex offers four 2-bedroom, 2-bath units—each with covered parking. With strong rental demand and a low vacancy rate, it’s a standout investment opportunity in a thriving community. Don’t miss your chance to own a dependable income-producing property in a prime location!

Last Listed By

Maggie Harris

Keller Williams Realty RGV Listed on: 06/03/2025

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 2012

Lot Details

  • 10,800 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $33 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,814 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Warming Drawer
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Schools

  • De La Vina Elementary School
  • South Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number V434400000001400

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Vista De La Colinas Association
  • Vista De Las Colinas Subdivision

Building Details

  • Insurance Expense $2,800
  • Maintenance Expense $145
  • Gross Income $41,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,500

Year Built

Built in 2012

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: From Jackson Rd. going North, enter on the right hand side on Upland Road. Upon entering, turn right and first street to the left is Horsetail Falls. The property is in the middle of the block.
  • Year Built: 2012
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2479
  • Road Surface Type: Paved
  • Subdivision Name: Vista De Las Colinas
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Non-Conveyances: Washer and dryer in unit #1
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Oven-Warming, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 3814
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • 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, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Vista de la Colinas
  • Association: Yes

Schools

  • Elementary School: De La Vina
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: South Middle School

Lot Info

  • Lot Size Sq Ft: 10799.8308
  • Parcel #: V434400000001400

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8500

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 41100
  • Insurance Expense: 2800

Map

Range of Values:

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Sold Price
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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 $8,356 $348,000 $75,600 $272,400
2023 $8,128 $338,759 $75,600 $263,159
2022 $7,812 $300,000 $75,600 $224,400
2021 $7,446 $275,000 $75,600 $199,400
2020 $6,802 $250,000 $69,660 $180,340
2019 $6,943 $250,000 $69,660 $180,340
2018 $6,874 $246,897 $69,660 $177,237
2017 $5,699 $203,951 $52,380 $151,571
2016 $4,789 $171,398 $52,380 $119,018
2015 $4,751 $170,010 $52,380 $117,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $405,000 +47.3% $106 / Sq Ft
11/26/2018 11/26/18 Sold -- -- --
10/26/2018 10/26/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $275,000 -- $72 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Edwards Abstract And Title C
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 471862

Greater McAllen Association of REALTORS®

APN: V4344-00-000-0014-00