NOT LISTED FOR SALE

2014 Summerland Ln Edinburg, TX 78541

Estimated Value: $490,000 - $516,000

-- Bed
16 Baths
3,898 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 29, 2024

Current estimated payment $3,664/month

Highlights

  • Gated Community
  • Built-In Features
  • Laundry closet
  • High Ceiling
  • Walk-In Closet
  • Tile Flooring

About This Home

As of February 2024

Virtually new units built just a couple of years ago with porcelain tile floors, all stainless steel appliances, white washer and dryers on all units! 2 and 3 bedrooms, completely occupied and rents are under market! Love this location close to Expressway 281, Jackson Rd and Montecristo. Beautiful modern kitchen, frameless mirrors and upgraded vanities! A great color selection with large patios and plenty of natural light! One tub and one shower per unit, with covered parking! One of the best options in the market, a must see!

Last Agent to Sell the Property

Irene Uribe

Texas Landmark Realty Llc Listed on: 02/28/2024

Last Buyer's Agent

Rebeca Bermudez

Tnt Real Estate

Tnt Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,599

Year Built

  • Built in 2020

Lot Details

  • 10,001 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 3,898 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M574500003003700

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • The Montecito Block 3 Hoa, Inc. Association
  • Montecito Subdivision

Building Details

  • Insurance Expense $2,160
  • Maintenance Expense $2,220
  • Gross Income $55,200

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,599

Year Built

Built in 2020

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Exit 281 and go west on Montecristo; property will be on the left (south) hand side before Jackson Rd.
  • Year Built: 2020
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Road Surface Type: Paved
  • Subdivision Name: Montecito
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other, Thermostat
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3898

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: The Montecito Block 3 HOA, Inc.
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10000.9404
  • Parcel #: M574500003003700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9599

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 55200
  • Insurance Expense: 2160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Feb 29, 2024
Sold by
Delolmo-Prieto Guillermo
Bought by
Simplified Automation Llc
Seller's Agent
Irene Uribe
Texas Landmark Realty Llc
Buyer's Agent
Rebeca Bermudez
Tnt Real Estate
Views
15
Current Estimated Value
$502,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.31%
Original Mortgage
$378,750
Outstanding Balance
$372,415
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$129,918

Purchase Details

Listed on
Jun 21, 2020
Closed on
Sep 23, 2020
Sold by
Gt Family Investments Corp
Bought by
Delolmo Guillermo Del
Seller's Agent
Irene Uribe
Texas Landmark Realty Llc
Buyer's Agent
Irene Uribe
Texas Landmark Realty Llc
List Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$370,171
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simplified Automation Llc -- True Title Company
Delolmo Guillermo Del -- Sierra Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simplified Automation Llc $378,750
Previous Owner Delolmo Guillermo Del $370,171
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold -- -- --
09/25/2020 09/25/20 Sold -- -- -- View Prior Sale
08/22/2020 08/22/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $385,000 0.0% $99 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $385,000 -- $99 / 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
2025 $11,628 $435,468 $110,000 $325,468
2024 $11,628 $484,265 $110,000 $374,265
2023 $8,870 $369,696 $67,000 $302,696
2022 $10,568 $405,835 $0 $0
2021 $9,850 $363,763 $67,000 $296,763
2020 $1,578 $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Irene Uribe

    Seller's Agent in 2024

    Irene Uribe

    Texas Landmark Realty Llc

    (956) 492-5638

    19 in this area

    135 Total Sales

    Irene Uribe
    Section Image
  • Rebeca Bermudez

    Buyer's Agent in 2024

    Rebeca Bermudez

    Tnt Real Estate

    (956) 328-8473

    27 in this area

    108 Total Sales

    Rebeca Bermudez
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 429430

Greater McAllen Association of REALTORS®

APN: M5745-00-003-0037-00

Texas Hidalgo County Edinburg 78541

2014 Summerland Ln, Edinburg, TX

Not Listed for Sale

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.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

Nearby Homes