$388,000
$2K PRICE DROP

2109 Carlos Dr Edinburg, TX 78541

Estimated payment $2,791/month

Total Views 6,938
-- Bed
-- Bath
3,808 Sq Ft
$102 Price per Sq Ft

Highlights

  • Mature Trees
  • No HOA
  • Laundry closet
  • High Ceiling
  • Patio
  • Tile Flooring

About This Home

Prime Investment Opportunity in Edinburg, Texas! This well-maintained fourplex, located in a highly sought-after area, offers an excellent return on investment. Freshly painted inside and out. Each of the four units features 2 spacious bedrooms and 2 full bathrooms, providing comfortable living spaces that attract and retain tenants. All units currently occupied. The property is situated in a thriving neighborhood close to schools, shopping centers, dining, and major highways, making it a convenient and desirable location for tenants. Whether you’re looking to expand your portfolio or start your real estate journey, this fourplex is a must-see! Don’t miss out on this prime property in Edinburg.

Listing Agent

Christopher Garcia

Icon Realty Stx Listed on: 08/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,321

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Mature Trees

Home Design

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

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number U105000000000300

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • University Park Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,321

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: On Jackson going one blockNorth of Schunior to the right on Carlos dr.
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2696
  • Road Surface Type: Paved
  • Subdivision Name: University Park
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3808

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Mature Trees
  • 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 Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Floor Furnace
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 11744.2116
  • Parcel #: U105000000000300

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8321

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Insurance Expense: 2000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,402 $349,891 $73,994 $275,897
2023 $8,469 $352,970 $73,994 $278,976
2022 $8,595 $330,067 $73,994 $256,073
2021 $7,211 $266,289 $79,279 $187,010
2020 $6,730 $247,354 $79,279 $168,075
2019 $6,203 $223,351 $79,279 $144,072
2018 $6,595 $236,888 $79,279 $157,609
2017 $6,003 $214,850 $79,280 $135,570
2016 $5,010 $179,290 $52,853 $126,437
2015 $4,997 $177,529 $52,853 $124,676
2014 $4,997 $178,789 $52,853 $125,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $388,000 -0.5% $102 / Sq Ft
08/12/2024 08/12/24 For Sale $390,000 +44.4% $102 / Sq Ft
02/13/2020 02/13/20 Sold -- -- --
01/17/2020 01/17/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $270,000 +28.6% $71 / Sq Ft
04/17/2015 04/17/15 Sold -- -- --
03/13/2015 03/13/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $209,900 -- $55 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Edwards Abstract
Warranty Deed -- Valley Land Title
Trustee Deed $168,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $899,500 New Conventional
Previous Owner $200,000 Commercial
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 447096

Greater McAllen Association of REALTORS®

APN: U1050-00-000-0003-00