NOT LISTED FOR SALE

3051 Regal Dr Edinburg, TX 78539

Estimated Value: $204,000 - $300,706

4 Beds
4 Baths
1,976 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 10, 2023

Current estimated payment $1,831/month

55 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Tile Flooring
  • Canterbury Elementary School Rated A
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of July 2023

Great income generating Duplex located in Edinburg in an excellent location. Each unit boosts 2 bedrooms, 2 bathrooms, tile throughout, granite counters and all appliances. You don't want to miss this opportunity. Schedule your showing today!

Last Agent to Sell the Property

Preshina Samtani

Key Realty Listed on: 04/12/2023

Key Realty

Last Buyer's Agent

Stephen Smith

Key Realty

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,671

Year Built

  • Built in 2006

Lot Details

  • 5,096

HOA Fees

  • $73 Monthly HOA Fees

Home Design

  • Duplex
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Schools

  • Canterbury Elementary School
  • South Middle School
  • Vela High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • 5,096 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number T293500002002700

Community Details

Overview

  • 2 Units
  • Boardwalk Apartments Owner's Association
  • The Boardwalk Subdivision

Recreation

  • Community Pool

Building Details

  • Insurance Expense $1,887
  • Maintenance Expense $300
  • Gross Income $2,100

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,671

Year Built

Built in 2006

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Directions: Heading North on McColl Rd, make a left on Regency Dr. Turn right on Gateway Dr. Duplex will be located on right.
  • Year Built: 2006
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.117
  • Road Surface Type: Paved
  • Subdivision Name: The Boardwalk
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 2500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Flat
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 1976

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: No Garage, Garage Faces Rear
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 5096.0844
  • Parcel #: T293500002002700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6671

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 2100
  • Insurance Expense: 1887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 31, 2020
Sold by
Mercado Minerva P
Bought by
Rodriguez Jorge
Seller's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
Buyer's Agent
Preshina Samtani
Key Realty
List Price
$174,000
Current Estimated Value
$247,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$127,250
Outstanding Balance
$113,133
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$134,102

Purchase Details

Closed on
May 16, 2007
Sold by
Condesa Commercial Construction Lp
Bought by
Mercado Juan H and Mercado Minerva P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
6.22%
Mortgage Type
Commercial
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
Rodriguez Jorge -- Encore Title
Mercado Juan H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jorge $127,250
Previous Owner Mercado Minerva P $89,100
Previous Owner Mercado Juan H $119,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold -- -- --
06/07/2023 06/07/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $225,000 0.0% $114 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $225,000 0.0% $114 / Sq Ft
04/14/2023 04/14/23 Off Market -- -- --
04/12/2023 04/12/23 For Sale $225,000 +29.3% $114 / Sq Ft
08/31/2020 08/31/20 Sold -- -- --
07/15/2020 07/15/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $174,000 -- $88 / 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
2025 $5,283 $220,000 $50,960 $169,040
2024 $5,283 $220,000 $41,278 $178,722
2023 $4,513 $188,100 $41,278 $146,822
2022 $4,898 $188,100 $41,278 $146,822
2021 $4,591 $169,530 $41,278 $128,252
2020 $4,390 $161,365 $37,710 $123,655
2019 $4,500 $162,048 $37,710 $124,338
2018 $4,593 $164,974 $37,710 $127,264
2017 $3,913 $140,036 $23,696 $116,340
2016 $3,852 $137,844 $23,696 $114,148
2015 $2,938 $104,252 $23,696 $80,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 401794

Greater McAllen Association of REALTORS®

APN: T2935-00-002-0027-00