NOT LISTED FOR SALE

2117 Aruba Dr Edinburg, TX 78541

Estimated Value: $372,000 - $471,000

-- Bed
4 Baths
4,028 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 28, 2024

Current estimated payment $2,785/month

74 Days on Market

Highlights

  • Walk-In Closet
  • Patio
  • Tile Flooring
  • Cavazos Elementary School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of February 2024

Don't miss out on the chance to own a fourplex that combines versatility, income potential, and a prime location. This property is perfect for investors seeking a stable and rewarding real estate opportunity. Explore the possibilities, generate income, and be a part of this thriving community. Schedule a viewing today and start your journey towards financial success! Located in the heart of a vibrant community, this investment opportunity is not to be missed.

Last Agent to Sell the Property

Maggie Harris

Keller Williams Realty RGV Listed on: 12/01/2023

Keller Williams Realty RGV

Last Buyer's Agent

Milton Lopez

Keller Williams Realty RGV

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,235

Year Built

  • Built in 2008

Lot Details

  • 10,723 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $26 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 4,028 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number P323500000000100

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Paradise Estates Owners' Associations Association
  • Paradise Estates Subdivision

Building Details

  • Maintenance Expense $155
  • Gross Income $39,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,235

Year Built

Built in 2008

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Directions: From 107, North on McColl, left on Russell Rd. (W. Mile 17 1/2), Right on Aruba Dr.
  • Year Built: 2008
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2462
  • Road Surface Type: Paved
  • Subdivision Name: Paradise Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • 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-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4028

Exterior Features

  • Interior Amenities: Dryer, Walk-In Closet(s), Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters
  • 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: Attached, Garage Faces Rear

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Fee: 312
  • Association Fee Frequency: Annually
  • Association Name: Paradise Estates Owners' Associations
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10723.1652
  • Parcel #: P323500000000100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8235

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 39840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 27, 2024
Sold by
Yun-Chia Yan and Su Tung
Bought by
Anieto Ugochukwu Obiakornobi
Seller's Agent
Maggie Harris
Keller Williams Realty RGV
Buyer's Agent
Milton Lopez
Keller Williams Realty RGV
List Price
$368,000
Views
62
Current Estimated Value
$402,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$285,600
Outstanding Balance
$280,823
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$122,167

Purchase Details

Closed on
Dec 7, 2016
Sold by
Zhang Jinhong and Tian Rong
Bought by
Yan Yun Chia and Chen Su Tung

Purchase Details

Closed on
Jul 18, 2009
Sold by
Villegas Ramiro and Villegas Melissa
Bought by
Berlanga John Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,006
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2006
Sold by
Ramirez Restaurant Inc
Bought by
Zhang Jinhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2005
Sold by
Garza Evaristo and Garza Nicolasa
Bought by
Ramirez Restaurant Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.85%
Mortgage Type
Commercial
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
Anieto Ugochukwu Obiakornobi -- Capital Title
Yan Yun Chia -- Attorney
Berlanga John Andrew -- None Available
Zhang Jinhong -- None Available
Ramirez Restaurant Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anieto Ugochukwu Obiakornobi $285,600
Previous Owner Berlanga John Andrew $48,006
Previous Owner Zhang Jinhong $164,800
Previous Owner Ramirez Restaurant Inc $166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold -- -- --
02/14/2024 02/14/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $368,000 -- $91 / 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 $7,804 $357,000 $107,230 $249,770
2024 $7,804 $325,000 $64,874 $260,126
2023 $7,588 $316,250 $64,874 $251,376
2022 $7,161 $275,000 $64,874 $210,126
2021 $6,851 $253,000 $64,874 $188,126
2020 $6,602 $242,646 $50,934 $191,712
2019 $6,730 $242,324 $50,934 $191,390
2018 $6,559 $235,574 $50,934 $184,640
2017 $6,288 $225,043 $48,254 $176,789
2016 $5,117 $183,144 $48,254 $134,890
2015 $5,033 $176,090 $48,254 $127,836
Source: Public Records

Agents Affiliated with this Home

  • Maggie Harris

    Seller's Agent in 2024

    Maggie Harris

    Keller Williams Realty RGV

    (956) 984-9019

    476 Total Sales

    Maggie Harris
    Section Image

  • M

    Buyer's Agent in 2024

    Milton Lopez

    Keller Williams Realty RGV

    (956) 212-4026

    30 Total Sales

    Milton Lopez
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 419134

Greater McAllen Association of REALTORS®

APN: P3235-00-000-0001-00

Texas Hidalgo County Edinburg 78541

2117 Aruba Dr, Edinburg, TX

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