NOT LISTED FOR SALE

3611 Paola St Edinburg, TX 78541

Estimated Value: $451,333

-- Bed
-- Bath
3,192 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 18, 2022

Current estimated payment $2,915/month

3 Days on Market

Highlights

  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Privacy Fence

About This Home

As of April 2022

Excellent investment opportunity! Fully rented fourplex just built in 2018. Fantastic location, close to UTRGV in a hot new fourplex subdivision with construction still ongoing. These fully rented units all have quartz countertops, tile floors, indoor laundry area, lots of backyard space, great location close to university, city center, restaurants, shopping, city hall, and new courthouse. All units are in fantastic condition. Perfect for anyone looking for an investment property.

Last Agent to Sell the Property

Maggie Harris

Keller Williams Realty RGV Listed on: 03/07/2022

Keller Williams Realty RGV

Last Buyer's Agent

Karen Williams

Re/Max Platinum

Re/Max Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,136

Year Built

  • Built in 2018

Lot Details

  • 9,439 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,192 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry closet

Kitchen

  • Electric Range
  • Microwave

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Cavazos Elementary School
  • B.L. Garza Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M571501000004500

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Monmack HOA
  • Monmack Place Ph I Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Gross Income $39,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,136

Year Built

Built in 2018

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Directions: Head west on W University Dr toward N Mccoll Rd. Turn right onto Mon Mack Rd. Turn left onto Paola St. Monmack place PH 1 Lot 45.
  • Year Built: 2018
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2167
  • Road Surface Type: Paved
  • Subdivision Name: Monmack Place Ph I
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
  • Flooring: Tile
  • Living Area: 3192

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: Privacy, Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Utilities: Water Available
  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association Name: MonMack HOA
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9439.0164
  • Parcel #: M571501000004500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6136

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 39360
  • Insurance Expense: 1500

Range of Values:

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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 Change Sq Ft Price
04/18/2022 04/18/22 Sold -- -- --
03/10/2022 03/10/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $470,000 +43.7% $147 / Sq Ft
04/21/2020 04/21/20 Sold -- -- --
04/07/2020 04/07/20 Pending -- -- --
08/20/2019 08/20/19 For Sale $327,000 -- $102 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maggie Harris

    Seller's Agent in 2022

    Maggie Harris

    Keller Williams Realty RGV

    (956) 994-9393

    477 Total Sales

    Maggie Harris
    Section Image
  • Karen Williams

    Buyer's Agent in 2022

    Karen Williams

    RE/MAX

    (956) 688-5600

    93 Total Sales

    Karen Williams
    Section Image

  • N

    Seller's Agent in 2020

    Norma Quintanilla

    Ereal Estate Depot, Llc

    (956) 289-3365

    3 Total Sales

    Norma Quintanilla
    Section Image
  • David Pena

    Buyer's Agent in 2020

    David Pena

    Keller Williams Realty Rgv

    (956) 309-6986

    30 Total Sales

    David Pena
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 377574

Greater McAllen Association of REALTORS®
Texas Hidalgo County Edinburg 78541

3611 Paola St, Edinburg, TX

This home is located at 3611 Paola St, Edinburg, TX 78541 since 07 March 2022 and is currently priced at $451,333, approximately $141 per square foot. This property was built in 2018. 3611 Paola St is a home located in Hidalgo County with nearby schools including R C Flores-Mark A Zapata Elementary School, B L Garza Middle School, and Edinburg North High School.

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