NOT LISTED FOR SALE

507 Newport Ave Unit 3 Edinburg, TX 78539

Estimated Value: $503,000 - $523,000

3 Beds
2 Baths
1,056 Sq Ft
$486/Sq Ft Est. Value

Highlights

  • Gated Community
  • No HOA
  • Laundry closet
  • Trevino Elementary School Rated A-
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of October 2019

This is the last unit available in this recently constructed 4plex. This unit features porcelain tile floors, granite counters, and stainless steel appliances. It's located just north of University Dr and Monmack in a gated subdivision. Call today to schedule an appointment.

Last Agent to Rent the Property

Alan Marquez

Encore Fine Properties Listed on: 08/29/2019

Encore Fine Properties

Last Renter's Agent

Alan Marquez

Encore Fine Properties Listed on: 08/29/2019

Encore Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,869

Year Built

  • Built in 2017

Lot Details

  • 10,080

Home Design

  • Apartment

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Garage
  • 2 Carport Spaces
  • Rear-Facing Garage

Schools

  • Trevino Elementary School
  • South Middle School
  • Vela High School

Additional Features

  • 10,080 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $450
  • Property Available on 8/29/19
  • Tenant pays for cable TV, electricity, trash collection, water
  • 12 Month Lease Term
  • $30 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Monmack Landing Subdivision

Pet Policy

  • No Pets Allowed
  • Pet Deposit $250

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,869

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Lease Term: > 12 months
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water
  • Available Date: 2019-08-29
  • Security Deposit: 450
  • Pet Deposit: 250

Listing Details

  • Directions: Drive North on McColl Rd. Pass Freddy Gonzalez, turn left on Sprague and right on Monmack, drive North, subdivision on the left hand side.
  • Year Built: 2017
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2314
  • Subdivision Name: Monmack Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Diana V Bakalem
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1056
  • Master Bedroom Features: None

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Walk-In Closet(s)
  • Home Warranty: No
  • Pool YN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Application Fee: 30

Schools

  • Elementary School: Trevino
  • High School: Vela H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: South Middle School

Lot Info

  • Lot Size Sq Ft: 10079.784
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Asiatic Holdings Llc
Bought by
Escovilla Jude and Escovilla Yvette
Current Estimated Value
$513,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,081
Outstanding Balance
$284,898
Interest Rate
2.2%
Mortgage Type
FHA
Estimated Equity
$228,102

Purchase Details

Closed on
Aug 16, 2019
Sold by
Razk Trading Llc
Bought by
Asiatic Holdings 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
Escovilla Jude -- Capital Title
Asiatic Holdings Llc -- Edwards Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escovilla Jude $375,081
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Rented $900 0.0% --
09/17/2019 09/17/19 Under Contract -- -- --
08/29/2019 08/29/19 For Rent $900 -- --
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
2025 $11,869 $570,423 $100,800 $469,623
2024 $11,869 $494,287 $75,600 $418,687
2023 $11,824 $492,792 $69,552 $423,240
2022 $10,219 $392,430 $69,552 $322,878
2021 $9,531 $351,974 $69,552 $282,422
2020 $9,584 $352,240 $69,552 $282,688
2019 $9,831 $354,013 $77,112 $276,901
2018 $5,435 $195,208 $65,016 $130,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 320632

Greater McAllen Association of REALTORS®

APN: M5665-01-000-0014-00