NOT LISTED FOR SALE

3409 S Colt Ln Edinburg, TX 78539

-- Bed
-- Bath
4,320 Sq Ft
10,378 Sq Ft Lot

Last Sold May 06, 2024

34 Days on Market

Highlights

  • High Ceiling
  • Double Pane Windows
  • Crown Molding
  • Canterbury Elementary School Rated A
  • Built-In Features
  • Slab Porch or Patio

About This Home

As of May 2024

Great investment opportunity, Almost New construction fourplex available in Edinburg, Tx. Income generating, property features 2 units with 2 bedrooms / 2 bath and 2 units with 3 bedroom / 2 bath. Open concept with great living room space, ample kitchen with gorgeous quartz countertops, ceramic tile floors and modern fixtures. Spacious bedrooms excellent to fit any size furniture. Property features carport spaces, privately fenced and nice landscaping. This property is excellent for an investor and priced to sell. Look at those lease amounts !! Desirable location, near UTRGV, shopping, restaurants, and hospital. Schedule a showing today.

Last Agent to Sell the Property

Nash Buxani

Winners Circle Listed on: 03/02/2024

Winners Circle

Last Buyer's Agent

Nash Buxani

Winners Circle Listed on: 03/02/2024

Winners Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,537

Year Built

  • Built in 2022

Lot Details

  • 10,378 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • Split Bedroom Floorplan
  • 4,320 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Outdoor Features

  • Slab Porch or Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number N115000000001500

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • New Castle HOA
  • New Castle Subdivision

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $35
  • Gross Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,537

Year Built

Built in 2022

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Directions: From Trenton and McColl go North on McColl then East on Wisconsin, and turn left on Colt street property will be on your left side.
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2382
  • Road Surface Type: Paved
  • Subdivision Name: New Castle
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4320
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Dryer, Other, Split Bedrooms, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front, Detached

Utilities

  • Laundry Features: Laundry Room
  • 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, Sidewalks, Street Lights
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: New Castle HOA
  • 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: 10378.17
  • Parcel #: N115000000001500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9537

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 63600
  • Insurance Expense: 2000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold -- -- --
04/06/2024 04/06/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $569,000 +6.4% $132 / Sq Ft
05/10/2023 05/10/23 Sold -- -- -- View Prior Sale
04/07/2023 04/07/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $535,000 -- $124 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nash Buxani

    Seller's Agent in 2024

    Nash Buxani

    Winners Circle

    (956) 949-9337

    49 in this area

    181 Total Sales

    Nash Buxani
    Section Image
  • Mario Baez

    Seller's Agent in 2023

    Mario Baez

    Exp Realty Llc

    (956) 827-0170

    43 in this area

    273 Total Sales

    Mario Baez
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 429637

Greater McAllen Association of REALTORS®
Texas Hidalgo County Edinburg 78539

3409 S Colt Ln, Edinburg, TX

Not Listed for Sale

MultiFamily

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