2206 Kimberly Lane

Edinburg, TX 78541

$375,000
Price
Beds
3,640 Sq. Ft.
$103 / Sq. Ft.
3,640
Sq. Ft.
$103
per Sq. Ft.

Description

Welcome to your exciting new investment opportunity in Edinburg, Texas! This property is an exceptional choice for those looking to enter the rental market with an income-producing asset. It’s a well-maintained 4-plex, already fully leased and ready to generate rental income from day one. The multi-unit complex spans a substantial 3,640 square feet of living space, offering ample room and comfort for its tenants, which enhances its attractiveness. The property has been thoughtfully upgraded, featuring...Welcome to your exciting new investment opportunity in Edinburg, Texas! This property is an exceptional choice for those looking to enter the rental market with an income-producing asset. It’s a well-maintained 4-plex, already fully leased and ready to generate rental income from day one. The multi-unit complex spans a substantial 3,640 square feet of living space, offering ample room and comfort for its tenants, which enhances its attractiveness. The property has been thoughtfully upgraded, featuring a newly remodeled roof that ensures durability and helps protect your investment from potential weather-related issues. Both the interior and exterior have been freshly painted, giving the building a refreshed and appealing look that will undoubtedly catch the eye of potential renters. Situated near the University of Texas Rio Grande Valley (UTRGV). This strategic positioning not only increases the potential for high occupancy rates but also enhances the long-term value of the property.
  1. Listed by Sameer Suresh • TREC #801070447 • Imperio Real Estate Llc

Property Details for 2206 Kimberly Lane

Community Features
Sidewalks, Street Lights
Subdivision Name
Balcones Trail
LISTING UPDATED: 09/10/2024 05:26 PM

Property Details for 2206 Kimberly Lane

StatusActive
MLS #448827
Days on Market99
Taxes$7,578 / year
HOA Fees-
Condo/Co-op Fees$2,000 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1999
Lot Size0.24 AC / 10,579 SF
CountyHidalgo County

Building Information for 2206 Kimberly Lane

Stories-Residences4Year Built1999Building Size-Lot Size0.24 AC / 10,579 SF

Property Information for 2206 Kimberly Lane

Summary
Location and General Information
  • Directions: Driving east on TX-107 E/W State Hwy 107, Turn left onto N Jackson Rd and continue for 0.2 mi, Turn left onto Kimberly Ln, the destination will be on the left in 0.1 mi
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Detached
  • Parking Total: 8.0
School Information
  • Elementary School: De La Vina
  • Elementary School District: Edinburg ISD
  • High School: Vela H.S.
  • High School District: Edinburg ISD
  • Middle Or Junior School: South Middle School
  • Middle Or Junior School District: Edinburg ISD
Taxes and HOA
  • Association: No
  • Parcel Number: B031001000001400
  • Tax Annual Amount: $7,578
  • Tax Legal Description: BALCONES TRAIL PH 1 LOT 14
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 3640.0
  • Building Area Units: Square Feet
  • Living Area: 3640.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees, Sidewalks
  • Lot Size Acres: 0.2429
  • Lot Size Area: 10579.8528
  • Lot Size Square Feet: 10579.8528
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1999
  • Year Built Source: HCAD
  • Escrow: $3,700.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 4
  • Sewer: City Sewer
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Stucco
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
  • Window Features: Energy Feature (Storm Windows)
Interior Features
  • Appliances: Electric Water Heater, Electric Cooktop, Dryer, Refrigerator, Washer
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $3,210.00
  • Insurance Expense: $3,173.00
  • Maintenance Expense: $2,000.00
Multi-Family Information
  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 2206 Kimberly Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2206 Kimberly Lane

Taxable ValueLand$63,321Additions$195,677Total$258,998
Tax Record2022$6,744 ($562 / month)
Home Facts
Total Finished SqFt3,640 SqFtAbove Grade Finished SqFt3,640 SqFtStories1Lot Size10,581 SqFtStyleQuadraplexYear Built1999Year Renovated2000ZoningRMCountyHIDALGOAPNB0310-01-000-0014-00

Schools near 2206 Kimberly Lane

This home is within Edinburg Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
De La Vina Elementary School
PublicPK to 5

B L Garza Middle School
Public6 to 8

Edinburg North High School
Public9 to 12

Vision Academy Of Excellence
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2206 Kimberly Lane is a multi-family home for sale in Edinburg, TX 78541. This property was listed for sale on September 10, 2024 by Imperio Real Estate Llc, it's currently listed at $375,000. This listing's school district is Edinburg Consolidated Independent School District. Nearby schools include De La Vina Elementary School, B L Garza Middle School and Edinburg North High School. 2206 Kimberly Lane is a 0-bed, 0-bath, 3,640 sqft multi-family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Imperio Real Estate Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.