3036 Regal Dr Edinburg, TX 78539
Estimated payment $1,888/month
Total Views
4,291
--
Bed
--
Bath
1,386
Sq Ft
$183
Price per Sq Ft
Highlights
- In Ground Pool
- Gated Community
- Corner Lot
- Canterbury Elementary School Rated A
- Mature Trees
- High Ceiling
About This Home
Looking for a 9% CAP RATE !!! This duplex can be that. Currently, the CAP is 4.50% with one unit rented. With both units rented at the current rental price, the CAP would be 9%Gated Community, Community Pool, Lawn service are included in the HOA..Just 2.9 miles from the UTRGV campus, an excellent income-producing duplex for students and faculty. Ideally located, HEB is located 0.4 mile away, and a selection of new restaurants, coffee shops, gyms, and businesses surround this location, as Edinburg, Texas, has been the fastest growing town in America. Both units are identical and have covered parking spaces. Take advantage of this incredible opportunity today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,212
Year Built
- Built in 2012
Lot Details
- 4,543 Sq Ft Lot
- Corner Lot
- Sprinkler System
- Mature Trees
HOA Fees
- $73 Monthly HOA Fees
Home Design
- Duplex
- Slab Foundation
- Composition Shingle Roof
- Stucco
Interior Spaces
- 1,386 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Tile Flooring
Kitchen
- Electric Range
- Microwave
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Parking
- 4 Carport Spaces
- No Garage
Pool
- In Ground Pool
- Outdoor Pool
- Fence Around Pool
Schools
- Canterbury Elementary School
- Longoria Middle School
- Vela 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 T293500002005200
Community Details
Overview
- : Boardwalk Apartments Owners Assn Association
- The Boardwalk Subdivision
Recreation
- Community Pool
Building Details
- Insurance Expense $92
- Maintenance Expense $150
- Gross Income $23,856
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,212 | $217,076 | $36,814 | $180,262 |
| 2023 | $5,259 | $219,183 | $36,814 | $182,369 |
| 2022 | $4,787 | $183,851 | $36,814 | $147,037 |
| 2021 | $3,919 | $144,729 | $36,814 | $107,915 |
| 2020 | $3,774 | $138,704 | $33,632 | $105,072 |
| 2019 | $3,475 | $125,130 | $33,632 | $91,498 |
| 2018 | $3,485 | $125,160 | $33,632 | $91,528 |
| 2017 | $3,385 | $121,160 | $21,134 | $100,026 |
| 2016 | $3,298 | $118,037 | $21,134 | $96,903 |
| 2015 | -- | $86,735 | $21,134 | $65,601 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | For Rent | $950 | 0.0% | -- |
| 03/04/2025 03/04/25 | Price Changed | $253,400 | +0.2% | $183 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $253,000 | +68.7% | $183 / Sq Ft |
| 08/12/2020 08/12/20 | Sold | -- | -- | -- |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- |
| 06/29/2020 06/29/20 | For Sale | $150,000 | 0.0% | $108 / Sq Ft |
| 05/28/2020 05/28/20 | Pending | -- | -- | -- |
| 01/29/2020 01/29/20 | For Sale | $150,000 | -11.8% | $108 / Sq Ft |
| 10/10/2019 10/10/19 | Sold | -- | -- | -- |
| 09/13/2019 09/13/19 | Pending | -- | -- | -- |
| 02/01/2019 02/01/19 | For Sale | $170,000 | -- | $123 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Simplifile | |
| Warranty Deed | -- | Valley Land Title | |
| Vendors Lien | -- | Valley Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,011 | FHA | |
| Previous Owner | $153,174 | New Conventional | |
| Previous Owner | $69,000 | Purchase Money Mortgage | |
| Previous Owner | $491,200 | Commercial |
Source: Public Records
Similar Home in Edinburg, TX
Source: Greater McAllen Association of REALTORS®
MLS Number: 464224
APN: T2935-00-002-0052-00
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