NOT LISTED FOR SALE

2501 Toledo Ave Unit 30 Edinburg, TX 78541

Estimated Value: $427,000

1 Bed
1 Bath
720 Sq Ft
$593/Sq Ft Est. Value

Highlights

  • 1.46 Acre Lot
  • No HOA
  • Walk-In Closet
  • High Ceiling
  • Built-In Features
  • Slab Porch or Patio

About This Home

As of February 2020

Freshly painted 1 bedroom 1 bath 2 carport apartment conveniently located near UT-RGV. Kitchen features granite counters, refrigerator, glass-top stove, dishwasher, microwave, washer and dryer. Ceramic tile floors throughout. Spacious bedroom with a long desk area and walk-in closet. Bath is a tub/shower combo with one vanity. Fenced private back patio. Designated parking spaces in back. Tenant is responsible for water and light (AEP). Pet friendly! One pet allowed up to 20lbs with a one-time $100 non-refundable pet fee. In order to qualify the combined gross income must be a minimum of $1710/mo. Application fee is $35/adult.

Last Agent to Rent the Property

Priscilla Coronado

Re/Max Hacienda Listed on: 01/15/2020

Re/Max Hacienda

Last Renter's Agent

Priscilla Coronado

Re/Max Hacienda Listed on: 01/15/2020

Re/Max Hacienda

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,562

Year Built

  • Built in 2005

Lot Details

  • 1.46

Home Design

  • Apartment

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Schools

  • De La Vina Elementary School
  • B.L. Garza Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • 1.46 Acre Lot

Listing and Financial Details

  • Security Deposit $400
  • Property Available on 1/14/20
  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • 12 Month Lease Term
  • $35 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Los Molinos Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,562

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water
  • Available Date: 2020-01-14
  • Security Deposit: 400
  • Pet Deposit: 100

Listing Details

  • Directions: North on McColl, past 107, east on Schunior, south on La Mancha, west on Cervantes, south on La Mancha, east on Toledo.
  • Year Built: 2005
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 1.4594
  • Subdivision Name: Los Molinos
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Hector Guerra
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 720
  • Master Bedroom Features: Tub/Shower Combo

Exterior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Home Warranty: No
  • Patio And Porch Features: Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Detached, No Garage, Garage Faces Rear

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Application Fee: 35

Schools

  • Elementary School: De La Vina
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 63571.8996
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2006
Sold by
Raul Fabela Construction Ltd
Bought by
Grana Romeo and Grana Esperanza
Current Estimated Value
$427,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$676,418
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Solomon & Farrel Properties Ltd
Bought by
Raul Fabela Construction Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Grana Romeo -- Edwards Abstract & Title Co
Raul Fabela Construction Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grana Romeo $1,100,000
Previous Owner Raul Fabela Construction Ltd $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Rented $570 -0.9% --
01/21/2020 01/21/20 Under Contract -- -- --
01/14/2020 01/14/20 For Rent $575 -- --
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 $50,562 $2,350,738 $635,720 $1,715,018
2024 $50,562 $2,105,709 $400,504 $1,705,205
2023 $50,987 $2,125,086 $400,504 $1,724,582
2022 $52,194 $2,004,394 $400,504 $1,603,890
2021 $42,969 $1,586,878 $492,683 $1,094,195
2020 $36,299 $1,334,144 $492,683 $841,461
2019 $35,971 $1,295,285 $492,683 $802,602
2018 $35,939 $1,290,862 $352,825 $938,037
2017 $37,409 $1,338,851 $529,238 $809,613
2016 $34,145 $1,222,046 $352,825 $869,221
2015 $32,155 $1,226,185 $352,825 $873,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 326744

Greater McAllen Association of REALTORS®

APN: L6269-02-000-0034-00