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$389,999

1711 Tampa St, EDINBURG, TX, 78541

On MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths4,234 Sq Ft
Multi FamilyMulti Family
price_per_sqft$92.11 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 8Bathrooms Full 8
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Microwave, Washer, Electric Water Heater, Electric Cooktop, Refrigerator
FlooringTile

Exterior

Lot Size11,587 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces5

Land Information

APNS6862-01-000-0030-00
Lot Number30
SubdivisionSummer Winds L.T.C. Ph 1 - Seb
Land UseResidential
Legal DescriptionSUMMER WINDS L.T.C. PH 1 LOT 30
Census Tract024004
Assessed Land Value$115,880
Assessed Improvement Value$254,644
Assessment Year2025

About this property

Fully leased four-plex in the desirable city of Edinburg, located in the sought-after Summer Winds community. This property has a strong rental history and is primed for new ownership. Each unit features 2 bedrooms and 2 bathrooms, offering over 1,000 square feet of comfortable living space. Two of the units have been recently remodeled, though photos will be uploaded later. With a roof that's only five years old, there is potential to increase rental rates to align with current market values. The property is currently managed by PMI Property Management, ensuring seamless operations for the new owners. There is a community pool available. The price monthly is $45, or $155 for the season.

Investor Tools

$145,076Estimated Mortgage Balance
$252,859Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month

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Sublime Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,728
$370,524
2025
$115,880
$254,644
$370,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,728
$370,524

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brian A Humphreys Jr
Commercial
$150,000
No
First
Jul 9, 2024
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,076
$277,924
65%
37%
$900/mo

City: EDINBURG

1711 Tampa St | Property Details | No Agent List