NOT LISTED FOR SALE

1908 Taft St Weslaco, TX 78599

Estimated Value: $434,000 - $469,000

Studio
12 Baths
4,038 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2020

Current estimated payment $3,303 / mo

40 Days on Market

Highlights

  • Gated Community
  • Patio
  • Tile Flooring
  • High Ceiling
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of August 2020

New construction four-plex for sale in Weslaco! Located in new gated community Villages at Westgate off Westgate and north of expressway 83 and with close proximity to shopping, restaurants, schools and more! Each building will have two 3 bedroom, 2 bathroom units and two 2 bedroom, 2 bath units with granite counters, wood looking tile floors throughout out, and open floor plan. Great investment opportunity! 4-plex under contraction. Will be complete in July 2020. All numbers provided are approximate numbers based on current properties in the neighborhood and rental rates.

Last Agent to Sell the Property

Ashish Valecha

Key Realty Listed on: 05/21/2020

Key Realty

Last Buyer's Agent

Ashish Valecha

Key Realty Listed on: 05/21/2020

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 2020

Lot Details

  • 11,901 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 4,038 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Cleckler-Heald Elementary School
  • Beatrize Garza Middle School
  • Weslaco High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number V391500000003100

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Villages At Westgate Association
  • Villages At Westgate Subdivision

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $2,500
  • Gross Income $43,800

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,857

Year Built

Built in 2020

Lot Details

0.27 Acres

HOA Fees

$40 per month

Listing Details

  • Directions: From expressway 83, head north on N Westgate Dr. Left on Canyon. Right on Taft.
  • Year Built: 2020
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2732
  • Road Surface Type: Paved
  • Subdivision Name: Villages At Westgate
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Ashish Valecha
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4038

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • 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: No Garage, Other Garage or Carport

Utilities

  • Laundry Features: Laundry Closet
  • 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, Gated, Sidewalks, Street Lights
  • Association Fee: 480
  • Association Fee Frequency: Annually
  • Association Name: Villages at Westgate
  • Association: Yes

Schools

  • Elementary School: Cleckler-Heald
  • High School: Weslaco H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Beatrize Garza

Lot Info

  • Lot Size Sq Ft: 11901.0276
  • Parcel #: V391500000003100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1857

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 43800
  • Insurance Expense: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 17, 2020
Sold by
Jeffrey Erickson Construction Llc
Bought by
Garai Benjamin
Seller's Agent
Ashish Valecha
Key Realty
Buyer's Agent
Ashish Valecha
Key Realty
List Price
$345,000
Current Estimated Value
$451,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$258,000
Outstanding Balance
$228,864
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$222,636

Purchase Details

Closed on
Jun 6, 2019
Sold by
Domain Development Corp
Bought by
Jeffrey Erickson Construction Llc and Erickson Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garai Benjamin -- San Jacinto Ttl Svcs Mcallen
Jeffrey Erickson Construction Llc -- Edwards Abstract And Ttl Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garai Benjamin $258,000
Previous Owner Jeffrey Erickson Construction Llc $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold -- -- --
06/30/2020 06/30/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $345,000 -- $85 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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
2025 $10,241 $440,000 $66,240 $373,760
2024 $10,241 $404,250 $66,240 $338,010
2023 $9,730 $385,000 $66,240 $318,760
2022 $8,805 $344,000 $59,800 $284,200
2021 $8,773 $337,500 $59,800 $277,700
2020 $1,595 $59,800 $59,800 $0
2019 $1,632 $59,800 $59,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 333903

Greater McAllen Association of REALTORS®

APN: V3915-00-000-0031-00

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