NOT LISTED FOR SALE

2103 Kimberly Ln Edinburg, TX 78541

Estimated Value: $375,000 - $451,000

4 Beds
16 Baths
3,640 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 31, 2023

Current estimated payment $2,750/month

247 Days on Market

Highlights

  • No HOA
  • Slab Porch or Patio
  • Tile Flooring
  • Double Pane Windows
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of May 2023

Spacious units. IN CLOSE PROXIMITY TO WALMART, UTRGV, AND COUTHOUSE. 7.5% cap rate at $379,000. Roof is 6 years old. Fantastic location. Mature trees and covered parking in the rear.

Last Agent to Sell the Property

Rhonda Salinas

Hacienda Leon Real Estate Group Listed on: 08/09/2022

Last Buyer's Agent

Katherine Gonzalez

Texas Oak Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,341

Year Built

  • Built in 1998

Lot Details

  • 9,430

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Slab Porch or Patio
  • 9,430 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number B031010000000200

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Balcones Trail Subdivision

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $850
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,341

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: FROM 107 / UNIVERSITY SOUTH ON JACKSON, EAST ON KIMBERLY. COMPLEX IS ON LEFT SIDE.
  • Year Built: 1998
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2165
  • Road Surface Type: Paved
  • Subdivision Name: Balcones Trail
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3640
  • Window Features: Energy Features (Double Pane Windows)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: None
  • Lot Features: Curb & Gutters, Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • 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
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9429.8688
  • Parcel #: B031010000000200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6341

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 25200
  • Insurance Expense: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
May 26, 2023
Sold by
Adri Realty Llc
Bought by
Erac Investments Llc
Seller's Agent
Rhonda Salinas
Hacienda Leon Real Estate Group
Buyer's Agent
Katherine Gonzalez
Texas Oak Real Estate
List Price
$399,000
Views
188
Current Estimated Value
$403,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$592,000
Outstanding Balance
$140,433
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$262,900

Purchase Details

Closed on
Apr 30, 1998
Sold by
Rivera Mario and Rivera Construction
Bought by
Tsukuda George and Tsukuda Robert
Source: Public Records

Range of Values:

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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
Erac Investments Llc -- Corporation Service
Tsukuda George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erac Investments Llc $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold -- -- --
04/14/2023 04/14/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $379,000 -2.6% $104 / Sq Ft
11/14/2022 11/14/22 Price Changed $389,000 -2.5% $107 / Sq Ft
08/09/2022 08/09/22 For Sale $399,000 -68.1% $110 / Sq Ft
03/01/2017 03/01/17 Sold -- -- -- View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $1,250,000 -- $69 / 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 $7,491 $320,032 $94,300 $225,732
2024 $7,491 $311,959 $59,409 $252,550
2023 $7,485 $311,959 $59,409 $252,550
2022 $6,098 $234,175 $59,409 $174,766
2021 $6,156 $227,354 $60,824 $166,530
2020 $6,228 $228,914 $56,580 $172,334
2019 $6,421 $231,225 $56,580 $174,645
2018 $6,219 $223,378 $56,580 $166,798
2017 $5,450 $195,038 $45,264 $149,774
2016 $4,498 $160,971 $45,264 $115,707
2015 $4,405 $156,417 $45,264 $111,153
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Salinas

    Seller's Agent in 2023

    Rhonda Salinas

    Hacienda Leon Real Estate Group

    (956) 648-7225

    6 in this area

    54 Total Sales

    Rhonda Salinas
    Section Image
  • Katherine Gonzalez

    Buyer's Agent in 2023

    Katherine Gonzalez

    Texas Oak Real Estate

    (956) 223-8164

    12 in this area

    42 Total Sales

    Katherine Gonzalez
    Section Image

  • A

    Seller's Agent in 2017

    Anselmo Trevino

    Teecase Realty, Llc

    (956) 821-1784

    2 in this area

    8 Total Sales

    Anselmo Trevino
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 386383

Greater McAllen Association of REALTORS®

APN: B0310-01-000-0002-00

Texas Hidalgo County Edinburg 78541

2103 Kimberly Ln, Edinburg, TX

Not Listed for Sale

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