NOT LISTED FOR SALE

624 W Santa Rosa Ave Edcouch, TX 78538

Estimated Value: $616,000

-- Bed
2 Baths
12,600 Sq Ft
$49/Sq Ft Est. Value

Last Sold May 01, 2024

Current estimated payment $3,947/month

55 Days on Market

Highlights

  • 0.86 Acre Lot
  • Corner Lot
  • Tile Flooring
  • Mature Trees
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2024

Prominently situated parallel to the growing highway 107 with 355' of frontage, this approximately 12,600 SF, 18-unit apartment community is available for purchase. There are ten 3/1s, five 2/1s, and three 1/1s. 9 AC units were replaced in the last three years and more than half of the units have been updated with new fixtures, appliances, and paint. As of 1/22/24 the complex is 78% occupied. All units are individually metered for water and electricity, leaving the owner's monthly expenses to a minimum. RR and PL available upon request.

Last Agent to Sell the Property

Zach Sunderland

Golden Key Real Estate & Investments, Llc Listed on: 01/23/2024

Last Buyer's Agent

Non-Participating Agent

Non-Participant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,000

Year Built

  • Built in 1985

Lot Details

  • 0.86 Acre Lot
  • Corner Lot
  • Mature Trees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 12,600 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Adame Elementary School
  • Adams Middle School
  • Agua Dulce High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 163706

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Edcouch Original Townsite Subdivision

Building Details

  • Insurance Expense $5,500
  • Maintenance Expense $1
  • Gross Income $100,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,000

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: From 281 - Exit East on University/107, complex is on right hand side in Edcouch From 83 - Exit North on Intl Blvd in Weslaco, take a left on 107 in Edcouch, complex is on left hand side
  • Year Built: 1985
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.86
  • Road Surface Type: Paved
  • Subdivision Name: Edcouch Original Townsite
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Furnished: Unfurnished
  • Appliances: Water Heater (In Attic), Refrigerator, Stove/Range-Electric Smooth
  • Flooring: Tile
  • Living Area: 12600

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: None
  • Lot Features: Corner Lot, Mature Trees
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • 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: None
  • Association: No

Schools

  • Elementary School: Adame
  • High School: Agua Dulce H.S.
  • Junior High Dist: Edcouch-Elsa ISD
  • Middle Or Junior School: Adams

Lot Info

  • Lot Size Sq Ft: 37462.0356
  • Parcel #: 163706
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 23000

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 18
  • Annual Gross Income: 100000
  • Insurance Expense: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 29, 2024
Sold by
624 Fl Llc
Bought by
Robraq Llc
Seller's Agent
Zach Sunderland
Golden Key Real Estate & Investments, Llc
Buyer's Agent
Non-Participating Agent
Non-Participant
List Price
$700,000
Views
19
Current Estimated Value
$616,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$461,250
Outstanding Balance
$456,859
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$159,141

Purchase Details

Closed on
Feb 25, 1997
Sold by
Calcote Byron L
Bought by
Texas State Bank
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
Robraq Llc -- Valley Land Title
Texas State Bank $30,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robraq Llc $461,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold -- -- --
03/19/2024 03/19/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $700,000 -- $56 / 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
2024 $22,362 $769,465 $120,475 $648,990
2023 $21,910 $754,377 $120,475 $633,902
2022 $14,601 $486,486 $120,475 $366,011
2021 $16,555 $548,189 $120,475 $427,714
2020 $17,339 $548,346 $120,475 $427,871
2019 $17,521 $553,582 $120,475 $433,107
2018 $16,947 $543,056 $120,475 $422,581
2017 $16,037 $510,096 $120,475 $389,621
2016 $17,088 $543,540 $120,475 $423,065
2015 $17,291 $545,123 $120,475 $424,648
Source: Public Records

Agents Affiliated with this Home

  • Zach Sunderland

    Seller's Agent in 2024

    Zach Sunderland

    Golden Key Real Estate & Investments, Llc

    (956) 975-7481

    1 in this area

    11 Total Sales

    Zach Sunderland
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Participating Agent

    Non-Participant

See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 425819

Greater McAllen Association of REALTORS®

APN: E3100-00-044-0001-00

Texas Hidalgo County Edcouch 78538

624 W Santa Rosa Ave, Edcouch, TX

This home is located at 624 W Santa Rosa Ave, Edcouch, TX 78538 since 23 January 2024 and is currently estimated at $616,000, approximately $48 per square foot. This property was built in 1985. 624 W Santa Rosa Ave is a home located in Hidalgo County with nearby schools including Edcouch-Elsa High School and IDEA Elsa Academy.

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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