NOT LISTED FOR SALE

2420 Mojave St Edinburg, TX 78541

Estimated Value: $500,000 - $619,000

-- Bed
4 Baths
4,440 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 05, 2021

Current estimated payment $3,857/month

154 Days on Market

Highlights

  • High Ceiling
  • Double Pane Windows
  • Slab Porch or Patio
  • No HOA
  • Solar Screens
  • Laundry closet

About This Home

As of March 2021

2420 Mojave is a great multi-family asset located north of 107 near the Expressway. Built in 2018, Mojave consists of 4 units with 3 bed and 2 bath. Property is 100% occupied. Complex is located, and has easy access to two major traffic corridors, U.S Expressway 83 and N Jackson Rd. Property offers a gross operating income of $3,900 per month.

Last Agent to Sell the Property

Allen Lozano

Big Realty Listed on: 07/01/2020

Last Buyer's Agent

Lineth Fernandez

Fox Real Estate Pros

Fox Real Estate Pros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,378

Year Built

  • Built in 2019

Lot Details

  • 0.31 Acre Lot
  • Wood Fence

Home Design

  • Quadruplex
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • Split Bedroom Floorplan
  • 4,440 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Porcelain Tile
  • Laundry closet

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Outdoor Features

  • Slab Porch or Patio

Schools

  • Lincoln Elementary School
  • South Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • The Sands Subdivision

Building Details

  • Insurance Expense $1,674
  • Maintenance Expense $185
  • Gross Income $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,378

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Directions: Head North on N Jackson Rd and turn right on W Mile 17 1/2 North Rd. Take a left on Mojave St and property will be on your left hand side.
  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3143
  • Road Surface Type: Paved
  • Subdivision Name: The Sands
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 5000
  • GMAR_LicensedSupervisor: Ricardo Benavides
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Clay Tile
  • Appliances: Electric Water Heater, Other, Refrigerator
  • Flooring: Porcelain Tile
  • Living Area: 4440
  • Window Features: Energy Features (Double Pane Windows), Energy Feature (Solar Screen)

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Split Bedrooms
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Lincoln
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: South Middle School

Lot Info

  • Lot Size Sq Ft: 13692.2148
  • Parcel #: n/a
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8378

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 3900
  • Insurance Expense: 1674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Mar 5, 2021
Sold by
Sebastian Chapa Construction Llc
Bought by
Aguilar Rogelio
Seller's Agent
Allen Lozano
Big Realty
Buyer's Agent
Lineth Fernandez
Fox Real Estate Pros
List Price
$420,000
Current Estimated Value
$554,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$417,302
Outstanding Balance
$378,307
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$161,026

Purchase Details

Closed on
Apr 22, 2019
Sold by
Chapa Group Ltd
Bought by
Sebastian Chapa Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
4.3%
Mortgage Type
Construction
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
Aguilar Rogelio -- Edwards Abstract And Ttl Co
Sebastian Chapa Construction Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Rogelio $417,302
Previous Owner Sebastian Chapa Construction Llc $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold -- -- --
12/02/2020 12/02/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $420,000 0.0% $95 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $420,000 0.0% $95 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $420,000 -- $95 / 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 $10,061 $418,980 $70,514 $348,466
2023 $10,057 $419,143 $70,514 $348,629
2022 $8,829 $339,038 $70,514 $268,524
2021 $8,264 $305,201 $70,514 $234,687
2020 $8,159 $299,871 $65,037 $234,834
2019 $1,626 $58,533 $58,533 $0
2018 $1,630 $58,533 $58,533 $0
2017 $1,148 $41,076 $41,076 $0
2016 $1,148 $41,076 $41,076 $0
2015 $918 $41,076 $41,076 $0
2014 $918 $32,861 $32,861 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 337264

Greater McAllen Association of REALTORS®

APN: T3661-00-000-0021-00