NOT LISTED FOR SALE

3036 Regal Dr Edinburg, TX 78539

Estimated Value: $242,000 - $261,000

4 Beds
4 Baths
1,386 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 12, 2020

Current estimated payment $1,840/month

161 Days on Market

Highlights

  • Gated Community
  • Mature Trees
  • Tile Flooring
  • Canterbury Elementary School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of August 2020

Great investment opportunity! Located in a great area in Edinburg. One unit is leased. Just down the street from HEB and 2 gyms.

Last Agent to Sell the Property

Edgar Carranza

Kingsforth Realty Listed on: 02/03/2020

Last Buyer's Agent

Rodolfo Gallegos

Encore Fine Properties

Encore Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 2012

Lot Details

  • 4,543 Sq Ft Lot
  • 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
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Canterbury Elementary School
  • Longoria Middle School
  • Vela High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number T293500002005200

Community Details

Overview

  • The Boardwalk Apartments Owner Association
  • The Boardwalk Subdivision

Building Details

  • Insurance Expense $1,100
  • Maintenance Expense $1,800
  • Gross Income $18,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,405

Year Built

Built in 2012

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Directions: From Highway 281 go West Canton. Drive to McColl and turn right heading North. Then make a left on Regency heading West. Then make a right on Gateway, then immediately a left on Regal. Property will be on the corner.
  • Year Built: 2012
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1043
  • Road Surface Type: Paved
  • Subdivision Name: The Boardwalk
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 3000
  • GMAR_LicensedSupervisor: Oscar Leal
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 1386

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Curb & Gutters, Professional Landscaping, Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Association Fee: 218
  • Association Fee Frequency: Quarterly
  • Association Name: The Boardwalk Apartments Owner Association
  • Association: Yes

Schools

  • Elementary School: Canterbury
  • High School: Vela H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Longoria

Lot Info

  • Lot Size Sq Ft: 4542.8724
  • Parcel #: T293500002005200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3405

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 2
  • Annual Gross Income: 18000
  • Insurance Expense: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2023
Sold by
Gonzalez Dagoberto
Bought by
Vera Denise
Current Estimated Value
$250,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Outstanding Balance
$157,766
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$92,379

Purchase Details

Listed on
Feb 3, 2020
Closed on
Aug 10, 2020
Sold by
Guerra Investments Llc
Bought by
Gonzalez Dagoberto
Seller's Agent
Edgar Carranza
Kingsforth Realty
Buyer's Agent
Rodolfo Gallegos
Encore Fine Properties
List Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$153,174
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2019
Closed on
Oct 7, 2019
Sold by
Palacios & Sons Investments Llc
Bought by
Guerra Investments Llc
Seller's Agent
Jose Garcia
Us Realty Finder
Buyer's Agent
Edgar Carranza
Kingsforth Realty
List Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.21%
Original Mortgage
$69,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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
Vera Denise -- Simplifile
Gonzalez Dagoberto -- Valley Land Title
Guerra Investments Llc -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Denise $162,011
Previous Owner Gonzalez Dagoberto $153,174
Previous Owner Guerra Investments Llc $69,000
Previous Owner Palacios & Sons Investments Llc $491,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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®

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 $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

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 327348

Greater McAllen Association of REALTORS®

APN: T2935-00-002-0052-00