NOT LISTED FOR SALE

2203 Taxco Ct Edinburg, TX 78542

Estimated Value: $82,000 - $465,000

-- Bed
32 Baths
3,588 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 10, 2022

Current estimated payment $2,048/month

17 Days on Market

Highlights

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

About This Home

As of June 2022

Excellent investment opportunity! This building is owned by original construction contractor. 100% occupied. Located in Villas Escondidas in Edinburg, Tx. Constructed in 2019 and in fantastic condition! Purchase now with immediate cash flow!

Last Agent to Sell the Property

Myra Caridad García

The Agency Austin, Llc Listed on: 02/02/2022

The Agency Austin, Llc

Last Buyer's Agent

Laura Alvarez

The Agency Austin, Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,132

Year Built

  • Built in 2019

Lot Details

  • 8,878 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 3,588 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Carport Spaces
  • Rear-Facing Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Gorena Elementary School
  • Barrientes Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number V383000000002800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Magnolia Property Management Association
  • Villas Escondidas Subdivision

Building Details

  • Insurance Expense $2,337
  • Maintenance Expense $840
  • Gross Income $41,400

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,132

Year Built

Built in 2019

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Directions: East Canton to Gregg Drive to Taxco Court
  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2038
  • Road Surface Type: Paved
  • Subdivision Name: Villas Escondidas
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Laminate, Tile
  • Living Area: 3588

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Other Garage or Carport, Garage Faces Rear
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Name: Magnolia Property Management
  • Association: Yes

Schools

  • Elementary School: Gorena
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Barrientes

Lot Info

  • Lot Size Sq Ft: 8877.9636
  • Parcel #: V383000000002800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8132

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 41400
  • Insurance Expense: 2337

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Jun 10, 2022
Sold by
My Blessing Properties Llc
Bought by
Ballesteros Ana Gabriela Cav
Seller's Agent
Myra Caridad García
The Agency Austin, Llc
Buyer's Agent
Laura Alvarez
The Agency Austin, Llc
List Price
$445,000
Current Estimated Value
$317,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.13%
Original Mortgage
$416,320
Outstanding Balance
$395,538
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
-$77,871

Purchase Details

Closed on
Feb 21, 2018
Sold by
Jatz Real Estate Llc
Bought by
My Blessing Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
4.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 9, 2018
Sold by
Red Rock Real Estate Development Group L
Bought by
Jatz Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
4.32%
Mortgage Type
Stand Alone Second
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
Ballesteros Ana Gabriela Cav -- Corporation Service
My Blessing Properties Llc -- None Available
Jatz Real Estate Llc -- Valley Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballesteros Ana Gabriela Cav $416,320
Previous Owner My Blessing Properties Llc $80,500
Previous Owner My Blessing Properties Llc $33,328
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold -- -- --
02/13/2022 02/13/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $445,000 -- $124 / 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 $10,706 $470,000 $106,506 $363,494
2024 $10,706 $483,635 $106,506 $377,129
2023 $11,706 $487,879 $106,506 $381,373
2022 $8,696 $333,948 $55,472 $278,476
2021 $8,132 $300,315 $55,472 $244,843
2020 $7,192 $264,327 $55,472 $208,855
2019 $1,232 $44,378 $44,378 $0
2018 $1,236 $44,378 $44,378 $0
2017 $1,017 $36,390 $36,390 $0
2016 $1,017 $36,390 $36,390 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 374604

Greater McAllen Association of REALTORS®

APN: V3830-00-000-0028-00