NOT LISTED FOR SALE

2205 Kimberly Ln Unit 1,2,3,4 Edinburg, TX 78541

Estimated Value: $374,000 - $450,000

-- Bed
16 Baths
3,640 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 12, 2017

Current estimated payment $2,785/month

210 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • 8 Car Garage
  • No HOA
  • Ceiling Fan
  • Carpet

About This Home

As of January 2017

Currently, fully rented. Also, for sale from same owner: MLS # 195787/195791/195792. Seller is motivated to sell all four 4plex properties together. Seller will do 1031 Exchange. All 4plex are located close to the University of Texas-RGV (UTRGV). Per seller, all 4 properties are under one insurance coverage umbrella. Average annual insurance premium for each property is $1400. Lawn maintenance is $55/month. (Information obtained from HCAD- year built/bldg. sqft/ lot size/dimension/ 2016 property tax.)

Last Agent to Sell the Property

Erma Ramientos

Key Realty Listed on: 05/23/2016

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1998

Lot Details

  • 10,581 Sq Ft Lot
  • Corner Lot

Parking

  • 8 Car Garage
  • No Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Fire and Smoke Detector
  • Stove

Laundry

  • Dryer
  • Washer

Schools

  • De La Vina Elementary School
  • Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number B031001000000700

Community Details

Overview

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

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $55
  • Gross Income $29,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,528

Year Built

Built in 1998

Lot Details

0

Parking

8

Listing Details

  • Directions: 2 blocks from University Road/Hwy 107. North on Jackson Road. Behind Luby's. Left on Kimberly Lane/Balcones Trail Subdivision.
  • Year Built: 1998
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2429
  • Road Surface Type: Paved
  • Subdivision Name: Balcones Trail
  • Garage Yn: Yes
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: n/a
  • Non-Allowables: No
  • Non-Realty Items: 1
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Carpet
  • Living Area: 3640

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Corner Lot
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: On Street, No Garage

Utilities

  • Utilities: Cable Available
  • Laundry Features: 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: None
  • Association: No

Schools

  • Elementary School: De La Vina
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Garza

Lot Info

  • Lot Size Sq Ft: 10580.724
  • Parcel #: B031001000000700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4528

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 29100
  • Insurance Expense: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jan 9, 2017
Sold by
Jackson Hole Asset Management T Llc
Bought by
Famqui Inc
Seller's Agent
Erma Ramientos
Key Realty
List Price
$259,000
Current Estimated Value
$402,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Jan 30, 2012
Sold by
Petrone Gerard
Bought by
2205 Kimberly Lane Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2008
Sold by
Pan American Properties Llc
Bought by
Petrone Gerard

Purchase Details

Closed on
Jun 30, 2006
Sold by
Petrone Gerard
Bought by
Pan American Proeprties Llc

Purchase Details

Closed on
Apr 10, 2006
Sold by
Soto Armando and Soto Juanita J
Bought by
Petrone Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.32%
Mortgage Type
Commercial
Source: Public Records

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 Buyer Sale Price Title Company
Famqui Inc -- Texas Lone Star Title Llc
Jackson Hole Asset Management T Llc -- Texas Lone Star Title Llc
2205 Kimberly Lane Trust -- None Available
Petrone Gerard -- None Available
Pan American Proeprties Llc -- None Available
Petrone Gerard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2205 Kimberly Lane Trust $175,000
Previous Owner Petrone Gerard $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold -- -- --
12/19/2016 12/19/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $259,000 -- $71 / 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 $7,995 $360,491 $105,800 $254,691
2024 $7,995 $332,940 $66,654 $266,286
2023 $8,060 $335,922 $66,654 $269,268
2022 $8,256 $317,042 $66,654 $250,388
2021 $6,754 $249,427 $68,241 $181,186
2020 $6,710 $246,624 $63,480 $183,144
2019 $6,903 $248,583 $63,480 $185,103
2018 $6,645 $238,672 $63,480 $175,192
2017 $5,549 $198,583 $50,784 $147,799
2016 $4,511 $161,433 $50,784 $110,649
2015 $3,612 $154,442 $50,784 $103,658
Source: Public Records

Agents Affiliated with this Home

  • Erma Ramientos

    Seller's Agent in 2017

    Erma Ramientos

    Key Realty

    (956) 605-1811

    6 in this area

    12 Total Sales

    Erma Ramientos
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 195852

Greater McAllen Association of REALTORS®

APN: B0310-01-000-0007-00

Texas Hidalgo County Edinburg 78541

2205 Kimberly Ln Unit 1,2,3,4, Edinburg, TX

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

Nearby Homes