$320,000
SOLD OCT 28, 2022
Last list price

7106 Venus Dr Edinburg, TX 78542

-- Bed
-- Bath
3,350 Sq Ft
0.5 Acres

Recently Sold

$96 Per Sq Ft

22 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of October 2022

Investors are welcome! Perfect investment opportunity located in Edinburg. This very well-maintained 4 plex is ideal for adding to your portfolio and easy to rent. This property features 4 units each with 2 bedrooms and 1 bath. All units have a refrigerator, stove, washer, and dryer that will convey. Perfect for an FHA investor. Live in one and rent the other three! Please provide proof of funds or a conventional financing approval letter with your offer.

Last Agent to Sell the Property

Rebeca Bermudez

Tnt Real Estate Listed on: 08/17/2022

Last Buyer's Agent

Rebeca Bermudez

Tnt Real Estate Listed on: 08/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,167

Year Built

  • Built in 2004

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Singleterry Elementary School
  • Sauceda Middle School
  • Donna North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • 0.5 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number S254200000001100

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sevilla Subdivision

Building Details

  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,167

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: Travel East on Canton Road, left on Tower Road, and an immediate right on Venus Drive. It is the second from the last property on the south side of the street.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Subdivision Name: Sevilla
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 3350

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Dryer, Washer
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Singleterry
  • High School: Donna North H.S.
  • Junior High Dist: Donna ISD
  • Middle Or Junior School: Sauceda

Lot Info

  • Lot Size Sq Ft: 21780.8712
  • Parcel #: S254200000001100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4167

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 38400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 24, 2022
Sold by
Bahena Rodolfo Palacios and Palacios Yuliana
Bought by
Olivares Esteban Ginez and Delol Ana De
Seller's Agent
Rebeca Bermudez
Tnt Real Estate
Buyer's Agent
Rebeca Bermudez
Tnt Real Estate
List Price
$320,000
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%
Original Mortgage
$231,000
Outstanding Balance
$222,531
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$86,749

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 30, 2021
Sold by
Lemaitre Roberts Ingrid S
Bought by
Rahena Rodolfo Palacios
Seller's Agent
Flo Prater
Rio Valley Realty
Buyer's Agent
Rebeca Bermudez
Tnt Real Estate
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
35.06%
Original Mortgage
$176,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Mason Carlos
Bought by
Lemaitre-Roberts Ingrid S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
5.61%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed -- Simplifile
Vendors Lien -- Capital Title
Vendors Lien -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,000 New Conventional
Previous Owner $176,250 New Conventional
Previous Owner $14,000 Commercial
Previous Owner $35,000 Commercial
Previous Owner $140,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $395,000 +23.4% $118 / Sq Ft
10/28/2022 10/28/22 Sold -- -- --
09/09/2022 09/09/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $320,000 +36.2% $96 / Sq Ft
12/02/2021 12/02/21 Sold -- -- --
10/24/2021 10/24/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $235,000 0.0% $70 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $235,000 0.0% $70 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $235,000 0.0% $70 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $235,000 -- $70 / 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 $6,472 $433,661 $187,318 $246,343
2024 $6,472 $322,203 $58,809 $263,394
2023 $6,264 $316,264 $50,097 $266,167
2022 $4,624 $226,529 $34,850 $191,679
2021 $4,167 $202,094 $34,850 $167,244
2020 $4,353 $202,094 $34,850 $167,244
2019 $4,410 $201,736 $32,672 $169,064
2018 $4,262 $194,090 $32,672 $161,418
2017 $4,145 $187,782 $32,672 $155,110
2016 $3,293 $149,179 $32,672 $116,507
2015 $3,216 $144,446 $32,672 $111,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 387279

Greater McAllen Association of REALTORS®

APN: S2542-00-000-0011-00