NOT LISTED FOR SALE

3608 Paola St Edinburg, TX 78541

Estimated Value: $462,000 - $469,000

0.24 Acre
$1,902,619 Price per Acre
10,646 Sq Ft Lot

Last Sold August 16, 2019

Current estimated payment $3,009/month

1 Day on Market

About This Lot

As of August 2019

Brand new four-plex subdivision, build your own apartment complex. Within 10 minutes driving distance from the subdivision, there is a population of 64,000 which is growing 2% every year.Almost half of the total number of residence's doors are rentals with a large demand for apartments in the areaasthisisoneofthefastestgrowinglocationsinSouthTexas.Onlyafewlotsleft.Pleaserequest the full offering report.Gran demanda de apartamentos, construye los tuyos, ultimos terrenos para four plex disponibles

Last Agent to Sell the Property

Cesar Cepeda

Four Stones Realty Listed on: 07/14/2019

Last Buyer's Agent

Cesar Cepeda

Four Stones Realty Listed on: 07/14/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,636

Lot Details

  • 10,646 Sq Ft Lot
  • Property is zoned R2

HOA Fees

  • $10 Monthly HOA Fees

Schools

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

Utilities

  • 220 Volts
  • 110 Volts

Community Details

  • Monmack HOA
  • Monmack Place Ph I Subdivision

Listing and Financial Details

  • Assessor Parcel Number M571501000005000

Property Details

Property Type

Land

Est. Annual Taxes

$1,636

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Directions: From University Dr, go North on Monmack Rd, continue North of Chapin and South of Russell, subdivision is located at the WEST of the street
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.2444
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Monmack Place Ph I
  • GMAR_GeocodeConfidence: High
  • GMAR_Escrow: 1000
  • GMAR_LicensedSupervisor: Bob Jacobs
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: None
  • Lot Features: Curb & Gutters
  • Home Warranty: No

Utilities

  • Utilities: City Garbage, Electricity Connected, Water Connected, Sewer Connected, Water Available
  • Electric: 110VAC, 220 Volts
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: City
  • Water Comments: n/a

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association Name: MonMack HOA
  • Association: Yes

Schools

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

Lot Info

  • Zoning: R2
  • Current Use: Multi-Family
  • Lot Size Sq Ft: 10646.064
  • Parcel #: M571501000005000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Lac Enterprises Llc
Bought by
Marina Real Estate Llc
Current Estimated Value
$465,000

Purchase Details

Closed on
Nov 9, 2020
Sold by
Blue 414 Investments Llc
Bought by
Lac Enterprises Llc
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
Marina Real Estate Llc -- Encore Title
Lac Enterprises Llc -- Landtitle Texas Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold -- -- --
07/02/2019 07/02/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $56,000 -- --
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 $5,634 $485,728 $85,156 $400,572
2023 $4,711 $263,966 $60,674 $203,292
2022 $4,549 $229,536 $60,674 $168,862
2021 $1,242 $60,674 $60,674 $0
2020 $1,253 $60,674 $60,674 $0
2019 $1,315 $60,674 $60,674 $0
2018 $1,043 $47,900 $47,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 318618

Greater McAllen Association of REALTORS®

APN: M5715-01-000-0049-00