NOT LISTED FOR SALE

2321 Moonlight Ln Edinburg, TX 78541

Estimated Value: $369,000 - $470,000

-- Bed
8 Baths
3,920 Sq Ft
$104/Sq Ft Est. Value

Last Sold August 14, 2020

Current estimated payment $2,841/month

157 Days on Market

Highlights

  • Mature Trees
  • High Ceiling
  • Walk-In Closet
  • Cavazos Elementary School Rated A-
  • No HOA
  • Patio

About This Home

As of August 2020

Income producing apartments with very healthy returns. Each tenant pays for their own power and water, landlord only pays for common areas services and sprinkler system. All units are 2 bedroom, 2 full baths, including washer and dryer in each unit, spacious living , dining and kitchen areas. Conveying stainless steel fridge, stove/ oven and microwave oven.
Rear carport with 8 parking spaces for each four plex.
This property will only sell along with two other adjacent properties as "package" of 3 four plex ( 12 apartments) . 2321, 2401 & 2407 Moonlight Ln.

Last Agent to Sell the Property

Cesar Cepeda

Four Stones Realty Listed on: 02/27/2020

Last Buyer's Agent

Tania Salinas

Re/Max Elite

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,781

Year Built

  • Built in 2005

Lot Details

  • 9,591 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Mature Trees

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 3,920 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Rear-Facing Garage

Schools

  • Truman Elementary School
  • Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number G488002000003500

Community Details

Overview

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

Building Details

  • Insurance Expense $1,768
  • Maintenance Expense $1,500
  • Gross Income $32,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,781

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: On Jackson, North of University , pass Schunior then left on Moonlight, properties are located at the right hand side
  • Year Built: 2005
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2202
  • Road Surface Type: Paved
  • Subdivision Name: Golden Crest Apartment Community
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: High
  • GMAR_Escrow: 8000
  • GMAR_LicensedSupervisor: Bob Jacobs
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3920

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters
  • Home Warranty: No
  • Construction Type: Brick
  • 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, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Floor Furnace
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 9591.0408
  • Parcel #: G488002000003500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6781

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 32140
  • Insurance Expense: 1768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Aug 14, 2020
Sold by
3Bu Family Limited Partnership
Bought by
Bravo Rentals Llc
Seller's Agent
Cesar Cepeda
Four Stones Realty
Buyer's Agent
Tania Salinas
Re/Max Elite
List Price
$795,000
Current Estimated Value
$408,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
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
Bravo Rentals Llc -- Sierra Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold -- -- --
07/21/2020 07/21/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $795,000 -- $203 / 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 $8,115 $354,794 $95,907 $258,887
2024 $8,115 $337,965 $60,422 $277,543
2023 $7,950 $331,338 $60,422 $270,916
2022 $8,217 $315,560 $60,422 $255,138
2021 $6,673 $246,419 $57,544 $188,875
2020 $6,724 $247,118 $57,544 $189,574
2019 $6,921 $249,213 $57,544 $191,669
2018 $6,635 $238,313 $57,544 $180,769
2017 $5,150 $184,302 $57,545 $126,757
2016 $4,668 $167,067 $38,363 $128,704
2015 $4,041 $163,937 $38,363 $125,574
Source: Public Records

Agents Affiliated with this Home

  • Cesar Cepeda

    Seller's Agent in 2020

    Cesar Cepeda

    Four Stones Realty

    (956) 821-3765

    161 Total Sales

    Cesar Cepeda
    Section Image
  • Tania Salinas

    Buyer's Agent in 2020

    Tania Salinas

    RE/MAX

    (956) 223-3216

    181 Total Sales

    Tania Salinas
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 329804

Greater McAllen Association of REALTORS®

APN: G4880-02-000-0035-00

Texas Hidalgo County Edinburg 78541

2321 Moonlight Ln, Edinburg, TX

This home is located at 2321 Moonlight Ln, Edinburg, TX 78541 since 27 February 2020 and is currently estimated at $408,333, approximately $104 per square foot. This property was built in 2005. 2321 Moonlight Ln 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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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.

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