NOT LISTED FOR SALE

3705 Joby St Unit D Edinburg, TX 78541

Estimated Value: $319,000 - $456,000

2 Beds
2 Baths
993 Sq Ft
$372/Sq Ft Est. Value

Highlights

  • Mature Trees
  • High Ceiling
  • No HOA
  • Cavazos Elementary School Rated A-
  • Furnished
  • Built-In Features

About This Home

As of May 2024

Exceptional investment opportunity in Edinburg! Welcome to this maintained fourplex, each unit boasting 2 beds, 2 baths, and a new AC system for optimal comfort. Ideal for savvy investors seeking rental income. The property showcases a perfect blend of spacious and timeless design. This is your chance to secure a lucrative asset in a prime location. Act fast to capitalize on this rare gem – a testament to strategic investment. Call us today for an easy showing or more information.

Last Agent to Rent the Property

Maria Guerra

Element Realty, Llc Listed on: 11/12/2023

Last Renter's Agent

Maria Guerra

Element Realty, Llc Listed on: 11/12/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Mature Trees

Home Design

  • Apartment

Interior Spaces

  • 993 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Carport Spaces
  • Rear-Facing Garage

Schools

  • De La Garza Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $850
  • Property Available on 11/12/23
  • Tenant pays for cable TV, electricity, trash collection, yard maintenance
  • 12 Month Lease Term
  • $45 Application Fee
  • Assessor Parcel Number M572000000000500

Community Details

Overview

  • No Home Owners Association
  • Mon Mack Estates Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $400

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Yard Maintenance
  • Available Date: 2023-11-12
  • Security Deposit: 850
  • GMAR_RentSpreeYN: No
  • Pet Deposit: 400

Listing Details

  • Directions: ROM CHAPIN NORTH ON MONMACK. WEST ON JOBY.
  • Year Built: 2004
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2571
  • Subdivision Name: Mon Mack Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Availability: Immediate
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 993
  • Master Bedroom Features: Tub/Shower Combo, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Split Bedrooms, Walk-In Closet(s), Washer
  • Home Warranty: No
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Faces Rear
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Application Fee: 45

Schools

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

Lot Info

  • Lot Size Sq Ft: 11198.8404
  • Parcel #: M572000000000500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Chavez Karl
Bought by
Malakar Sudip
Current Estimated Value
$369,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$310,235
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$58,898

Purchase Details

Closed on
Feb 9, 2021
Sold by
Dm International Llc
Bought by
Chavez Karl

Purchase Details

Closed on
Aug 31, 2017
Sold by
Curtis Gary
Bought by
Joby Monmack Llc

Purchase Details

Closed on
Apr 3, 2017
Sold by
Pdp Mile 4 Ltd
Bought by
Galaviz Melinda Selenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,750
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2014
Sold by
Curtis Gary
Bought by
Joby Monmac Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Malakar Sudip -- Edwards Abstract
Chavez Karl -- Edwards Abstract
Joby Monmack Llc -- None Available
Galaviz Melinda Selenia -- None Available
Joby Monmac Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malakar Sudip $313,500
Previous Owner Galaviz Melinda Selenia $23,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Rented $800 0.0% --
01/22/2024 01/22/24 Price Changed $800 -5.9% $1 / Sq Ft
11/12/2023 11/12/23 For Rent $850 -- --
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 $8,645 $360,046 $66,640 $293,406
2023 $8,496 $354,113 $66,640 $287,473
2022 $7,552 $290,000 $66,640 $223,360
2021 $7,128 $263,256 $66,640 $196,616
2020 $6,402 $235,310 $53,200 $182,110
2019 $6,375 $229,571 $53,200 $176,371
2018 $6,788 $243,800 $53,200 $190,600
2017 $7,258 $259,777 $39,200 $220,577
2016 $4,989 $178,565 $39,200 $139,365
2015 $4,766 $169,205 $39,200 $130,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 418550

Greater McAllen Association of REALTORS®

APN: M5720-00-000-0005-00