NOT LISTED FOR SALE

2320 Cypress St Edinburg, TX 78542

Estimated Value: $46,000 - $332,000

3 Beds
2 Baths
1,742 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 21, 2022

Current estimated payment $1,766/month

13 Days on Market

Highlights

  • Mature Trees
  • Cul-De-Sac
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of November 2022

GREAT INVESTMENT OPPORTUNITY! This Duplex has Brand NEW Roof installed August 2022.
2320 & 2322.
One Unit per Building sitting on a 15,585 SqFt lot. Each spacious unit is 3 bedrooms, 1 bathroom, with tile floors throughout the unit and tile counters in the kitchen. Great location with easy access to the expressway, short distance from schools and shopping. Schedule your tour today!

Last Agent to Sell the Property

Angela Navarrete

Keller Williams Realty RGV Listed on: 10/05/2022

Keller Williams Realty RGV

Last Buyer's Agent

Samantha Reynoso

Verite Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1982

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Mature Trees

Parking

  • No Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • Split Bedroom Floorplan
  • 1,742 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

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 I700000000003700

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Iowa Estates Subdivision

Building Details

  • Insurance Expense $933
  • Maintenance Expense $700
  • Gross Income $17,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,627

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Directions: From I-69, take exit #5, continue on frontage road, turn right on Iowa Road, then South on Citrus Drive, turn left on Cypress Drive. Look for my sign.
  • Year Built: 1982
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3578
  • Road Surface Type: Paved
  • Subdivision Name: Iowa Estates
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 2600
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, No Conveying Appliances
  • Flooring: Tile
  • Living Area: 1742

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Split Bedrooms
  • Fencing: Wood
  • Lot Features: Cul-De-Sac
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Utilities: Water Available
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

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: 15586.2036
  • Parcel #: I700000000003700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2627

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 17340
  • Insurance Expense: 933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 28, 2022
Sold by
Zamora Lauro
Bought by
Gonzalez Rosaura and Gonzalez Oscar Augusto
Seller's Agent
Angela Navarrete
Keller Williams Realty RGV
Buyer's Agent
Samantha Reynoso
Verite Realty Llc
List Price
$260,000
Views
23
Current Estimated Value
$232,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.83%
Original Mortgage
$203,500
Outstanding Balance
$197,736
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$34,724
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
Gonzalez Rosaura -- Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Rosaura $203,500
Previous Owner Zamora Lauro $9,393
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold -- -- --
10/19/2022 10/19/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $260,000 -- $149 / 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 $6,117 $254,734 $113,771 $140,963
2023 $5,821 $242,604 $93,510 $149,094
2022 $2,799 $107,480 $70,133 $37,347
2021 $2,627 $97,000 $70,133 $26,867
2020 $3,245 $119,277 $70,133 $49,144
2019 $1,968 $70,865 $35,066 $35,799
2018 $1,837 $65,972 $35,066 $30,906
2017 $1,740 $62,261 $26,495 $35,766
2016 $1,697 $60,751 $26,495 $34,256
2015 $1,780 $60,751 $26,495 $34,256
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 388818

Greater McAllen Association of REALTORS®

APN: I7000-00-000-0037-00