NOT LISTED FOR SALE

509 Carlisle Ave Edinburg, TX 78539

Estimated Value: $430,000 - $505,000

-- Bed
4 Baths
3,960 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 26, 2022

Current estimated payment $3,507/month

50 Days on Market

Highlights

  • Laundry closet
  • Tile Flooring
  • Privacy Fence
  • Trevino Elementary School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2022

Great investment opportunity! FULLY LEASED 4-plex in Edinburg in a gated subdivision. This property sits in the very popular subdivision, Monmack Landing. It has one 1bed/1bath unit, two 2bed/2bath units, and one 3bed/2bath unit. Each tenant pays their utilities leaving minimum operating cost. Call today for more info.

Last Agent to Sell the Property

Daniel Leal

Re/Max Elite Listed on: 07/21/2022

Re/Max Elite

Last Buyer's Agent

Ricardo Castro

Fox Real Estate Pros

Fox Real Estate Pros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,323

Year Built

  • Built in 2019

Lot Details

  • 10,080 Sq Ft Lot
  • Privacy Fence

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

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

Interior Spaces

  • 3,960 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Stove
  • Laundry closet

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M566501000003300

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Home Key Property Management Association
  • Monmack Landing Subdivision

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $1,440
  • Gross Income $42,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,323

Year Built

Built in 2019

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: From HWY 107 and Mon Mack Rd, head south. Turn right on Garfield Ave into Mon Mack Landing. Turn Right on Carlisle Ave.
  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2314
  • Road Surface Type: Paved
  • Subdivision Name: Monmack Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 4500
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 3960

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Other
  • Fencing: Privacy
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Home Key Property Management
  • Association: Yes

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
  • Parcel #: M566501000003300
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9323

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 42660
  • Insurance Expense: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 14, 2022
Sold by
Armenta Manuel
Bought by
Omnidomus Corp
Seller's Agent
Daniel Leal
Re/Max Elite
Buyer's Agent
Ricardo Castro
Fox Real Estate Pros
List Price
$475,000
Views
38
Current Estimated Value
$467,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jan 15, 2020
Sold by
Juma Construction Llc
Bought by
Armenta Manuel
Seller's Agent
Juan De La Garza
De La Garza Realty Group, Llc
Buyer's Agent
Juan De La Garza
De La Garza Realty Group, Llc
List Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$319,881
Interest Rate
3.6%
Mortgage Type
VA
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
Omnidomus Corp -- Corporation Service
Armenta Manuel -- Valley Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armenta Manuel $320,610
Previous Owner Armenta Manuel $319,881
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold -- -- --
09/10/2022 09/10/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $475,000 +30.1% $120 / Sq Ft
01/15/2020 01/15/20 Sold -- -- --
11/18/2019 11/18/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $365,000 -- $92 / Sq Ft
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 $11,684 $546,697 $100,800 $445,897
2024 $11,684 $486,570 $75,600 $410,970
2023 $11,536 $480,813 $69,552 $411,261
2022 $9,257 $355,500 $69,552 $285,948
2021 $9,324 $344,323 $69,552 $274,771
2020 $9,447 $347,232 $69,552 $277,680
2019 $8,582 $309,010 $77,112 $231,898
2018 $1,810 $65,016 $65,016 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Leal

    Seller's Agent in 2022

    Daniel Leal

    RE/MAX

    (956) 240-3789

    77 Total Sales

    Daniel Leal
    Section Image

  • R

    Buyer's Agent in 2022

    Ricardo Castro

    Fox Real Estate Pros

    (956) 432-5449

    21 Total Sales

    Ricardo Castro
    Section Image
  • Juan De La Garza

    Seller's Agent in 2020

    Juan De La Garza

    De La Garza Realty Group, Llc

    (956) 537-4755

    63 Total Sales

    Juan De La Garza
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 385968

Greater McAllen Association of REALTORS®

APN: M5665-01-000-0033-00

Texas Hidalgo County Edinburg 78539

509 Carlisle Ave, Edinburg, TX

This home is located at 509 Carlisle Ave, Edinburg, TX 78539 since 21 July 2022 and is currently estimated at $467,500, approximately $118 per square foot. This property was built in 2019. 509 Carlisle Ave is a home located in Hidalgo County with nearby schools including Trevino Elementary School, Elias Longoria Senior Middle School, and Robert Vela High School.

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