NOT LISTED FOR SALE

1906 Horsetail Falls Edinburg, TX 78539

Estimated Value: $411,000 - $464,062

-- Bed
8 Baths
-- Sq Ft
10,800 Sq Ft Lot

Last Sold June 30, 2019

Current estimated payment $3,048/month

68 Days on Market

Highlights

  • Patio
  • Laundry closet
  • Central Heating and Cooling System
  • Freddy Gonzalez Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2019

3976 SQ FT LIVING AS PER HCAD Very well kept and spacious apartments, a combination of 2 bedrooms and 3 bedroom units, with long term tenants and steady rental income. Units have Stainless steel and black appliances, granite counters, tile floors, washers, dryers, refrigerators and stoves. Landlord pays trash bin and annual HOA fees. Community is quiet and only blocks away from University Dr. Plenty of commerce, banks, restaurants and retail in the area. Great return on investment, a must consider!

Last Agent to Sell the Property

Irene Uribe

Texas Landmark Realty Llc Listed on: 04/01/2019

Last Buyer's Agent

Irene Uribe

Texas Landmark Realty Llc Listed on: 04/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 2006

Lot Details

  • 10,800 Sq Ft Lot
  • Partially Fenced Property

HOA Fees

  • $33 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number V434400000001200

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Vista De Las Colinas HOA
  • Vista De Las Colinas Subdivision

Building Details

  • Insurance Expense $1,680
  • Maintenance Expense $1,440
  • Gross Income $36,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,978

Year Built

Built in 2006

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: Drive North on Jackson Rd. Pass Trenton, Pass Sprague, Right on Upland, Right on Pebble Creek, Left on Horsetail Falls. Unit on Left Hand Side.
  • Year Built: 2006
  • 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
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: Albert Garza
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Partial
  • Pool Features: None
  • 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, No Garage
  • 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: None
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: VISTA DE LAS COLINAS HOA
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10799.8308
  • Parcel #: V434400000001200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7978

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 36960
  • Insurance Expense: 1680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 17, 2019
Sold by
Bazan Maria Cristina
Bought by
Lin Cheng Chu and Chen Chin
Seller's Agent
Irene Uribe
Texas Landmark Realty Llc
Buyer's Agent
Irene Uribe
Texas Landmark Realty Llc
List Price
$295,000
Current Estimated Value
$432,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$208,500
Outstanding Balance
$138,961
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$293,726

Purchase Details

Listed on
Jul 4, 2014
Closed on
Jul 31, 2014
Sold by
Valsev Llc
Bought by
Bazan Maria Cristina
Seller's Agent
Roel Rodriguez
Bic Realty
List Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%

Purchase Details

Listed on
Jul 4, 2014
Closed on
Jul 15, 2014
Sold by
Sweet James G and Sweet Alice G
Bought by
Valsev Llc
Seller's Agent
Roel Rodriguez
Bic Realty
List Price
$259,900

Purchase Details

Closed on
Feb 22, 2013
Sold by
Vann Vincent R and Vann Ana R
Bought by
Krider Justin S and Gonzalez Morin Johuanna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,800
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Closed on
Jun 1, 2009
Sold by
Sweet James G
Bought by
Texas Secure Financial Llc

Purchase Details

Closed on
Jul 10, 2007
Sold by
Dh Construction Inc
Bought by
Sweet James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 1998
Sold by
Owens Dennis and Owens Dennis Lee
Bought by
Villarreal Juan and Villarreal Maria Delos Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Lin Cheng Chu -- Valley Land Title
Bazan Maria Cristina -- None Available
Bazan Maria Cristina -- None Available
Valsev Llc $198,000 None Available
Krider Justin S -- None Available
Texas Secure Financial Llc -- Investor Quality Title
Sweet James G -- Security Land Title
Villarreal Juan -- Security Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Cheng Chu $208,500
Previous Owner Krider Justin S $400,800
Previous Owner Sweet James G $234,000
Previous Owner Villarreal Juan $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2019 06/30/19 Sold -- -- --
06/08/2019 06/08/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $295,000 +13.5% --
07/31/2014 07/31/14 Sold -- -- --
07/10/2014 07/10/14 Pending -- -- --
07/04/2014 07/04/14 For Sale $259,900 -- $65 / 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 $7,941 $330,701 $75,600 $255,101
2023 $7,629 $317,982 $75,600 $242,382
2022 $7,452 $286,191 $75,600 $210,591
2021 $7,379 $272,500 $75,600 $196,900
2020 $7,482 $275,000 $69,660 $205,340
2019 $7,978 $287,279 $69,660 $217,619
2018 $8,750 $314,269 $69,660 $244,609
2017 $7,971 $285,263 $52,380 $232,883
2016 $5,274 $188,752 $52,380 $136,372
2015 $5,156 $183,176 $52,380 $130,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 313381

Greater McAllen Association of REALTORS®

APN: V4344-00-000-0012-00