NOT LISTED FOR SALE

601 La Mancha Dr Unit 24 Edinburg, TX 78541

Estimated Value: $365,000 - $456,000

-- Bed
16 Baths
3,808 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 23, 2015

Current estimated payment $2,794/month

42 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Tile Flooring
  • No HOA
  • Home Security System
  • Central Heating and Cooling System

About This Home

As of March 2015

Sellers are getting ready to retire. Fully occupied four unit apartments. Close to the newly renamed University of Texas-RGV. Commercial establishments nearby on University Drive- restaurants, Starbucks, IHOP, Lowe's, and more. Please note: building sqft, lot size/dimension and 2014 base property taxes per HCAD.

Last Agent to Sell the Property

Erma Ramientos

Key Realty Listed on: 12/17/2014

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Corner Lot
  • Sprinkler System

Parking

  • 8 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Stove

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • De La Vina 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 L626901000002400

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Los Molinos Subdivision

Building Details

  • Gross Income $2,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,153

Year Built

Built in 2004

Lot Details

0

Parking

8

Listing Details

  • Directions: Between McColl and Jackson Road on Schunior. Going North on McColl, cross University Drive. Turn right on Schunior. Turn right onto Los Molinos Subdivision/La Mancha Drive. Slight right to Cervantes. Left on La Mancha Drive. Fourplex will be on right hand side.
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2957
  • Road Surface Type: Paved
  • Subdivision Name: Los Molinos
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Attic Fans
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: n/a
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3808

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Privacy
  • Lot Features: Corner Lot, Curb & Gutters, Sidewalks, Sprinkler System
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Security System, 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: None
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 12880.692
  • Parcel #: L626901000002400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5153

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Vallejo Manzur Jose F and Perkins Cobos Yolanda
Bought by
Macayas Group Llc
Current Estimated Value
$397,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$184,300
Interest Rate
2.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,700

Purchase Details

Listed on
Dec 17, 2014
Closed on
Mar 16, 2015
Sold by
Victoria Carlos Clarito and Victoria Carlos Maria
Bought by
Vallejo Manzur Jose F
Seller's Agent
Erma Ramientos
Key Realty
List Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$172,500
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2005
Sold by
Fabela Raul and Fabela Sandra
Bought by
Victoria Carlos Clarito and Victoria Carlos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macayas Group Llc -- Edwards Abstract And Ttl Co
Vallejo Manzur Jose F -- None Available
Victoria Carlos Clarito -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macayas Group Llc $236,000
Previous Owner Vallejo Manzur Jose F $172,500
Previous Owner Victoria Carlos Clarito $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2015 03/23/15 Sold -- -- --
01/28/2015 01/28/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $235,000 -- $62 / 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 $8,420 $373,331 $128,800 $244,531
2024 $8,420 $350,640 $81,144 $269,496
2023 $7,918 $330,000 $81,144 $248,856
2022 $8,479 $325,627 $81,144 $244,483
2021 $5,911 $218,313 $99,820 $118,493
2020 $5,761 $211,749 $99,820 $111,929
2019 $5,737 $206,584 $99,820 $106,764
2018 $6,279 $225,519 $99,820 $125,699
2017 $6,465 $231,369 $107,226 $124,143
2016 $5,359 $191,787 $71,484 $120,303
2015 $5,219 $192,476 $71,484 $120,992
2014 $5,219 $186,730 $64,400 $122,330
Source: Public Records

Agents Affiliated with this Home

  • Erma Ramientos

    Seller's Agent in 2015

    Erma Ramientos

    Key Realty

    (956) 605-1811

    6 in this area

    12 Total Sales

    Erma Ramientos
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 180809

Greater McAllen Association of REALTORS®

APN: L6269-01-000-0024-00

Texas Hidalgo County Edinburg 78541

601 La Mancha Dr Unit 24, Edinburg, TX

Not Listed for Sale

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