NOT LISTED FOR SALE

2020 Summerland Ln Unit 4 Edinburg, TX 78541

Estimated Value: $493,000 - $521,000

3 Beds
2 Baths
1,100 Sq Ft
$457/Sq Ft Est. Value

Highlights

  • No HOA
  • Walk-In Closet
  • Central Heating and Cooling System
  • Built-In Features
  • Laundry closet
  • Ceiling Fan

About This Home

As of October 2020

-Luxury fourplex with beautiful landscape, spacious patios, walk-in closets, kitchen island and modern vanities. Enjoy the luxury finishes of these Summerset units, 6 buildings available. Combination of 3 bed and 2 bed units, all appliances included. These units are brand new, property manager already working on waiting list for tenants ready to sign! All tile or porcelain tile floor, islands in the kitchen, amazing spacious bathrooms with custom vanities and modern faucets. Large patios on the 3 bed units and side patios for the 2 bed units at the front. Excellent location between Expwy 281 and Jackson Rd off Montecristo! Hard to find high-end units like this in the market. UNIT INCLUDES WATER AND TRASH.

Last Agent to Rent the Property

Irene Uribe

Texas Landmark Realty Llc Listed on: 07/09/2020

Last Renter's Agent

Irene Uribe

Texas Landmark Realty Llc Listed on: 07/09/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • 10,000 Sq Ft Lot
  • Sprinkler System

Home Design

  • Apartment

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Carport Spaces
  • No Garage
  • Front Facing Garage

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $800
  • Property Available on 7/9/20
  • Tenant pays for cable TV, electricity, sewer
  • 12 Month Lease Term
  • $60 Application Fee
  • Assessor Parcel Number M574500003003400

Community Details

Overview

  • No Home Owners Association
  • Montecito Ph 1 Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $150

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Sewer
  • Available Date: 2020-07-09
  • Security Deposit: 800
  • GMAR_RentSpreeYN: No
  • Pet Deposit: 150

Listing Details

  • Directions: Exit Expressway 281 and go West on Montecristo, property will be on the left (South) hand side before Jackson Rd.
  • Year Built: 2020
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2296
  • Subdivision Name: Montecito Ph 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • GMAR_GeocodeConfidence: High
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Albert Garza
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1100
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Pool Features: None
  • Home Warranty: No
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Garage Faces Front, No Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Other, Street Lights
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Application Fee: 60

Schools

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

Lot Info

  • Lot Size Sq Ft: 10000.0692
  • Parcel #: M574500003003400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 25, 2020
Sold by
Triple I Homes Llc
Bought by
Ayaburi Emmanuel W and Bediako Oforiwaa
Seller's Agent
Irene Uribe
Texas Landmark Realty Llc
Buyer's Agent
Irene Uribe
Texas Landmark Realty Llc
Current Estimated Value
$502,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$323,864
Interest Rate
2.9%
Mortgage Type
FHA
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
Ayaburi Emmanuel W -- Sierra Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayaburi Emmanuel W $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Rented $1,050 0.0% --
07/14/2020 07/14/20 Price Changed $1,050 -4.5% $1 / Sq Ft
07/09/2020 07/09/20 For Rent $1,100 -- --
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 $10,744 $488,110 $110,000 $378,110
2023 $8,946 $372,874 $67,000 $305,874
2022 $10,741 $412,483 $67,000 $345,483
2021 $9,981 $368,616 $67,000 $301,616
2020 $1,578 $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 337540

Greater McAllen Association of REALTORS®

APN: M5745-00-003-0034-00