$489,999

2206 Taxco Ct Edinburg, TX 78542

Estimated payment $3,715/month

Total Views 2,333
-- Bed
-- Bath
3,422 Sq Ft
$143 Price per Sq Ft

Highlights

  • Gated Community
  • Patio
  • Tile Flooring
  • Electric Gate
  • Laundry closet
  • ENERGY STAR Qualified Appliances

About This Home

Invest in prime location and style with this new fourplex right off the expressway! Fully occupied and featuring two units with striking blue kitchens, this property offers a solid 7%+ cap rate. A rare find for investors looking for immediate cash flow and long-term value!

Listing Agent

Marcelo Flores

Capital Advisors Real Estate Group Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 2022

Lot Details

  • 8,411 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,422 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Appliances

Flooring

  • Concrete
  • Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage
  • Electric Gate

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number V383000000001800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Villas Escondidas HOA
  • Villas Escondidas Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Gross Income $58,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,000

Year Built

Built in 2022

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Directions: Exiting Interstate 69C take a right on Iowa Rd and another right on Citrus Ln.
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1931
  • Road Surface Type: Paved
  • Subdivision Name: Villas Escondidas
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Energy Star
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Concrete, Tile
  • Living Area: 3422

Exterior Features

  • Exterior Features: Motorized Gate, Sprinkler System
  • Interior Amenities: None
  • Fencing: Wood
  • Lot Features: Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • 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, Garage Faces Rear
  • Total Parking Spaces: 8

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: Curbs, Gated, Sidewalks, Street Lights
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association Name: VILLAS ESCONDIDAS HOA
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 8411.0004
  • Parcel #: V383000000001800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12000

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 58000
  • 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 $11,196 $466,269 $100,959 $365,310
2023 $11,198 $466,734 $100,959 $365,775
2022 $1,369 $52,583 $52,583 $0
2021 $1,424 $52,583 $52,583 $0
2020 $1,431 $52,583 $52,583 $0
2019 $1,168 $42,066 $42,066 $0
2018 $1,171 $42,066 $42,066 $0
2017 $964 $34,494 $34,494 $0
2016 $964 $34,494 $34,494 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $489,999 +6.5% $143 / Sq Ft
12/03/2022 12/03/22 Sold -- -- --
12/02/2022 12/02/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $460,000 0.0% $136 / Sq Ft
06/23/2022 06/23/22 Sold -- -- --
03/31/2022 03/31/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $460,000 -5.2% $136 / Sq Ft
03/17/2022 03/17/22 For Sale $485,000 -- $143 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Capital Title
Warranty Deed -- Corporation Service
Deed $100,000 Corporation Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $337,350 Construction
Source: Public Records

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    Section Image

Source: Greater McAllen Association of REALTORS®

MLS Number: 469468

Greater McAllen Association of REALTORS®

APN: V3830-00-000-0018-00