NOT LISTED FOR SALE

2315 W Candlelight Dr Edinburg, TX 78541

Estimated Value: $378,000 - $505,000

-- Bed
12 Baths
4,140 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 24, 2018

Current estimated payment $3,078/month

36 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Walk-In Closet
  • Cavazos Elementary School Rated A-
  • Double Pane Windows
  • Patio

About This Home

As of October 2018

Income producing property! This beautiful Fourplex is 100% occupied and is conveniently located near the University UTRGV and HEB. Each unit has 2 bedrooms and 2 baths as well as 2 covered carport spaces. Featuring porcelain tile floors, tile counters throughout, custom cabinets and walk-in closets in the Masters and all appliances are convey !

Last Agent to Sell the Property

Gustavo Figueroa

Re/Max Elite Listed on: 08/22/2018

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,961

Year Built

  • Built in 2013

Lot Details

  • 10,564 Sq Ft Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 4,140 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Porcelain Tile
  • Washer

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • Garage
  • 2 Carport Spaces
  • Rear-Facing Garage

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number G488000000000700

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Golden Crest Apartment Community Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,961

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Directions: Express way 281 exit on Chaplin turn west on Chaplin south on Jackson road west on Candlelight Ln.
  • Year Built: 2013
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2425
  • Road Surface Type: Paved
  • Subdivision Name: Golden Crest Apartment Community
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: High
  • GMAR_Escrow: 2000
  • GMAR_LicensedSupervisor: Norma Hinojosa
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Water Heater (Other Location), Dishwasher, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Porcelain Tile
  • Living Area: 4140
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Walk-In Closet(s)
  • Fencing: Other
  • Lot Features: Curb & Gutters
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: 10564.1712
  • Parcel #: G488000000000700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6961

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 10
  • Insurance Expense: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 23, 2018
Sold by
Cedhin Engineering & Project Management
Bought by
Saenz Michael R and Saenz Gisela S
Seller's Agent
Gustavo Figueroa
Re/Max Elite
List Price
$270,000
Current Estimated Value
$428,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$203,625
Outstanding Balance
$154,467
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$273,866

Purchase Details

Listed on
Oct 10, 2012
Closed on
Jul 12, 2013
Sold by
Kim Mar Construction Llc
Bought by
Cedhin Engineering & Project Management
Seller's Agent
Roel De Los Santos
1st Brokerage
List Price
$52,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.97%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Gonzalez Elias and Gonzalez Marigarita
Bought by
Kim Mar Construction Inc
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
Saenz Michael R -- Capital Title
Cedhin Engineering & Project Management -- None Available
Kim Mar Construction Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saenz Michael R $203,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold -- -- --
09/27/2018 09/27/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $270,000 +419.2% $65 / Sq Ft
07/13/2013 07/13/13 Sold -- -- --
07/02/2013 07/02/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $52,000 -- $13 / 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
2024 $8,989 $374,349 $66,553 $307,796
2023 $8,986 $374,527 $66,553 $307,974
2022 $9,161 $351,813 $66,553 $285,260
2021 $7,352 $271,497 $63,384 $208,113
2020 $7,336 $269,636 $63,384 $206,252
2019 $7,550 $271,880 $63,384 $208,496
2018 $6,961 $250,015 $63,384 $186,631
2017 $6,965 $249,278 $63,384 $185,894
2016 $5,098 $182,450 $42,256 $140,194
2015 $5,088 $180,719 $42,256 $138,463
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Figueroa

    Seller's Agent in 2018

    Gustavo Figueroa

    RE/MAX

    (956) 502-0011

    51 Total Sales

    Gustavo Figueroa
    Section Image

  • R

    Seller's Agent in 2013

    Roel De Los Santos

    1st Brokerage

    (956) 246-7278

    19 Total Sales

    Roel De Los Santos
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 303011

Greater McAllen Association of REALTORS®

APN: G4880-00-000-0007-00

Texas Hidalgo County Edinburg 78541

2315 W Candlelight Dr, Edinburg, TX

This home is located at 2315 W Candlelight Dr, Edinburg, TX 78541 since 22 August 2018 and is currently estimated at $428,333, approximately $103 per square foot. This property was built in 2013. 2315 W Candlelight Dr is a home located in Hidalgo County with nearby schools including Cavazos Elementary School, B L Garza Middle School, and Edinburg North High School.

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