NOT LISTED FOR SALE

3711 Joby St Edinburg, TX 78541

Estimated Value: $371,000 - $460,000

4 Beds
8 Baths
4,032 Sq Ft
$103/Sq Ft Est. Value

Last Sold February 25, 2021

Current estimated payment $2,826/month

48 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry closet
  • Cavazos Elementary School Rated A-
  • Built-In Features
  • Tile Flooring

About This Home

As of February 2021

The downturn that has taken a grip of our economy will only lead one way. It is now an INVESTOR'S market. There is no better time to take advantage of it than right now or these next coming weeks. Enter Joby street, a fourplex in fabulous condition, about a 6-minute drive away from the UNIVERSITY and fully leased for years. Brick, solid roof and reliable tenants. All the makings that conceive a GREAT investment !! Do your research on this property (HCAD), this is a STEAL. The numbers make for an even better CAP rate. request more information and schedule your tour TODAY!!

Last Agent to Sell the Property

Nash Buxani

Winners Circle Listed on: 11/04/2020

Winners Circle

Last Buyer's Agent

Robert Kirby

Keller Williams Realty RGV

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,397

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Wood Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • 4,032 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Zavala 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 M572000000000600

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Mon Mack Terrace #2 Subdivision

Building Details

  • Insurance Expense $2,200
  • Maintenance Expense $2,100
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,397

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Going towards UTRGV on university road, right next to Monmack Landing.
  • Year Built: 2003
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2571
  • Road Surface Type: Paved
  • Subdivision Name: Mon Mack Terrace #2
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 2500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Other
  • Appliances: Electric Water Heater, Dishwasher, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4032
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Built-in Features, Dryer, Other, Split Bedrooms, Washer
  • Fencing: Privacy, Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: Other Garage or Carport

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • 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, Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 11198.8404
  • Parcel #: M572000000000600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7397

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 36000
  • Insurance Expense: 2200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Rosas Julian
Bought by
3711 Joby Street Revocable Trust and Rosas
Current Estimated Value
$414,333

Purchase Details

Listed on
Nov 4, 2020
Closed on
Feb 19, 2021
Sold by
Nihalani Nitesh
Bought by
Rosas Julian
Seller's Agent
Nash Buxani
Winners Circle
Buyer's Agent
Robert Kirby
Keller Williams Realty RGV
List Price
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$206,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2020
Closed on
Feb 3, 2021
Sold by
Nihalani Narendra
Bought by
Nihalani Nitesh
Seller's Agent
Nash Buxani
Winners Circle
Buyer's Agent
Robert Kirby
Keller Williams Realty RGV
List Price
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2016
Sold by
Dorado Magdaleno and Dorado Armida
Bought by
Nihalani Nitesh and Nihalani Narendra

Purchase Details

Closed on
Jan 31, 2005
Sold by
Barrera Guerrero Adbento and Barrera Guerrero Linda
Bought by
Dorado Magdaleno and Dorado Armida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,875
Interest Rate
7.4%
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
3711 Joby Street Revocable Trust -- None Listed On Document
3711 Joby Street Revocable Trust -- None Listed On Document
Rosas Julian -- Capital Title
Nihalani Nitesh -- Capital Title
Nihalani Nitesh -- Sierra Title
Dorado Magdaleno -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosas Julian $206,250
Previous Owner Dorado Magdaleno $167,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold -- -- --
12/21/2020 12/21/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $282,000 0.0% $70 / Sq Ft
10/09/2020 10/09/20 Rented $700 0.0% --
09/21/2020 09/21/20 For Rent $700 -- --
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 $7,034 $292,950 $66,640 $226,310
2023 $6,694 $279,000 $66,640 $212,360
2022 $7,161 $275,000 $66,640 $208,360
2021 $7,431 $274,433 $66,640 $207,793
2020 $7,397 $271,877 $53,200 $218,677
2019 $7,332 $264,034 $53,200 $210,834
2018 $7,095 $254,844 $53,200 $201,644
2017 $6,119 $219,000 $39,200 $179,800
2016 $4,817 $172,398 $39,200 $133,198
2015 $4,716 $167,452 $39,200 $128,252
Source: Public Records

Agents Affiliated with this Home

  • Nash Buxani

    Seller's Agent in 2021

    Nash Buxani

    Winners Circle

    (956) 949-9337

    188 Total Sales

    Nash Buxani
    Section Image
  • Robert Kirby

    Buyer's Agent in 2021

    Robert Kirby

    Keller Williams Realty RGV

    (956) 279-8829

    259 Total Sales

    Robert Kirby
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 345851

Greater McAllen Association of REALTORS®

APN: M5720-00-000-0006-00

Texas Hidalgo County Edinburg 78541

3711 Joby St, Edinburg, TX

This home is located at 3711 Joby St, Edinburg, TX 78541 since 04 November 2020 and is currently estimated at $414,333, approximately $102 per square foot. This property was built in 2003. 3711 Joby St is a home located in Hidalgo County with nearby schools including Cavazos Elementary School, B L Garza Middle School, and Edinburg North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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