$525,000

2705 Primrose Ave Edinburg, TX 78541

Estimated payment $3,992/month

Total Views 5,959
-- Bed
-- Bath
4,032 Sq Ft
$130 Price per Sq Ft

Highlights

  • Gated Community
  • Slab Porch or Patio
  • Tile Flooring
  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Incredible Investment Opportunity! Explore Your Path to Prosperity with this Impeccable Four-Plex in Edinburg! Offering a Proven Rental Track Record, each of the 2 buildings boasts 2 units, 4 bedrooms, 4 bathrooms. Whether you're an experienced investor, a fresh prospect in the market, or considering the option to reside in one unit while leasing the others, this opportunity beckons. Don't miss out – schedule your viewing today! Water and garbage expenses are presently covered by the owner as per the lease agreement.

Listing Agent

Gabriel Alcantar

Re/Max Elite Listed on: 12/27/2024

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,644

Year Built

  • Built in 2018

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • No Garage

Schools

  • Zavala Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Slab Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number M256000000001600

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Mccoll Manor Subdivision

Building Details

  • Insurance Expense $4,919
  • Maintenance Expense $2,160
  • Gross Income $57,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,644

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Directions: Going north on McColl Rd in Edinburg past 107, take a right, East, on Primrose Ave, property is on your left, North.
  • Year Built: 2018
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2571
  • Road Surface Type: Paved
  • Subdivision Name: Mccoll Manor
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Attic Fans, Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5250
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 4032

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Other
  • Lot Features: Alley
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: No Garage
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 11198.8404
  • Parcel #: M256000000001600

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13644

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 57000
  • Insurance Expense: 4919

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $10,811 $523,513 $109,200 $414,313
2023 $12,571 $523,945 $109,200 $414,745
2022 $8,951 $343,755 $64,960 $278,795
2021 $10,221 $377,467 $129,920 $247,547
2020 $8,992 $330,487 $112,000 $218,487
2019 $4,920 $177,174 $112,000 $65,174
2018 $3,118 $112,000 $112,000 $0
2017 $1,252 $44,800 $44,800 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 For Sale $525,000 -- $130 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Listed On Document
Vendors Lien -- Valley Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Closed $273,000 New Conventional
Previous Owner $90,000 Commercial
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 457409

Greater McAllen Association of REALTORS®

APN: M2560-00-000-0016-00

Texas Hidalgo County Edinburg 78541

2705 Primrose Ave, Edinburg, TX

This home is located at 2705 Primrose Ave, Edinburg, TX 78541 and is currently priced at $525,000, approximately $130 per square foot. This property was built in 2018. 2705 Primrose Ave is a home located in Hidalgo County with nearby schools including Zavala Elementary School, B L Garza Middle School, and Edinburg North High School.

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Gabriel Alcantar
Listing Agent
Gabriel Alcantar
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Re/Max Elite
(956) 275-2676