$445,000
SOLD OCT 15, 2024
Last list price

2118 Taxco Ct Edinburg, TX 78542

-- Bed
-- Bath
3,472 Sq Ft
8,642 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

220 Days on Market

Highlights

  • Gated Community
  • Laundry closet
  • Central Heating and Cooling System
  • High Ceiling
  • Tile Flooring
  • Ceiling Fan

About This Home

As of October 2024

Welcome to this 2017 built 4plex offering an exceptional opportunity for passive income seekers. Each unit is currently occupied, ensuring immediate returns for buyers. Enjoy the benefits of modern construction, minimal maintenance, and a steady stream of rental income. Don't miss out on this turnkey investment in a thriving market.

Last Agent to Sell the Property

Nayeli Amaya

Lions Gate Realty Listed on: 02/22/2024

Last Buyer's Agent

Raul A. Zarate

Trademark Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,106

Year Built

  • Built in 2017

Lot Details

  • 8,642 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 6 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,472 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Cano-Gonzales Elementary School
  • Barrientes Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number V383000000001400

Community Details

Overview

  • 4 Units
  • Villas Escondidas Homeowner Association,Inc Association
  • Villas Escondidas Subdivision

Building Details

  • Maintenance Expense $1,347
  • Gross Income $41,252

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,106

Year Built

Built in 2017

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Directions: Head North on 281 take exit 5 towards Freddy Gonzalez Dr/Sprague St. turn right on Iowa Rd then turn right on Citrus Ln into the neighborhood.
  • Year Built: 2017
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1984
  • Road Surface Type: Paved
  • Subdivision Name: Villas Escondidas
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 4500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, No Conveying Appliances
  • Flooring: Tile
  • Living Area: 3472

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings
  • Fencing: Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: Detached
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks
  • Amenities: Property Owners' Assoc.
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association Name: Villas Escondidas Homeowner Association,Inc
  • Association: Yes

Schools

  • Elementary School: Cano-Gonzales
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Barrientes

Lot Info

  • Lot Size Sq Ft: 8641.8684
  • Parcel #: V383000000001400
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11106

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 41252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Oct 15, 2024
Sold by
Perez Jose Angel
Bought by
Lopez Juan
Seller's Agent
Nayeli Amaya
Lions Gate Realty
Buyer's Agent
Raul A. Zarate
Trademark Real Estate Group
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.85%
Original Mortgage
$436,939
Outstanding Balance
$433,457
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
-$34,332

Purchase Details

Listed on
Mar 2, 2018
Closed on
Nov 30, 2018
Sold by
Red Rock Real Estate Development Group L
Bought by
Perez Jose Angel
Seller's Agent
Manuel Cantu
Rio Valley Realty
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Source: Public Records

Similar Home in Edinburg, TX

  • 2305 Kimberly Ln Unit 2, Edinburg, TX 78541

    $379,000

    • 2 Beds
    • 2 Baths
    • 910 Sq Ft
    • 2305 Kimberly Ln
    • Unit 2
    • Edinburg, TX

    Looking for a solid home investment? This multi-unit property in Edinburg, Texas offers spacious units with granite countertops and tile flooring throughout. Located in a rapidly growing community, it's conveniently near UTRGV, Walmart, and the courthouse. Don't miss this opportunity!

    Ronnie Ontiveros NextHome RGV Realty

    Section Image

Range of Values:

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 Type Sale Price Title Company
Deed -- Capital Title
Deed -- Capital Title
Warranty Deed -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,939 FHA
Closed $436,939 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Rent $1,050 0.0% --
10/15/2024 10/15/24 Sold -- -- --
09/30/2024 09/30/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $445,000 -0.9% $128 / Sq Ft
05/22/2024 05/22/24 Price Changed $449,000 -2.2% $129 / Sq Ft
02/22/2024 02/22/24 For Sale $459,000 +58.3% $132 / Sq Ft
11/30/2018 11/30/18 Sold -- -- --
11/15/2018 11/15/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $289,900 -- $83 / 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
2023 $8,037 $334,988 $103,717 $231,271
2022 $8,678 $333,265 $54,019 $279,246
2021 $7,461 $275,536 $54,019 $221,517
2020 $8,162 $299,992 $54,019 $245,973
2019 $6,707 $241,500 $45,376 $196,124
2018 $4,042 $145,180 $37,208 $107,972
2017 $990 $35,437 $35,437 $0
2016 $990 $35,437 $35,437 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 427608

Greater McAllen Association of REALTORS®

APN: V3830-00-000-0014-00