Why Live in CBD
CBD, or the central business district, in Laredo, Texas, is a bustling neighborhood primarily composed of businesses and corner stores, with few residential homes interspersed. The area is a hub for the trade industry, with significant import and export activities, and is located just west of the Juarez-Lincoln International Bridge to Mexico. Traffic is minimal, and the neighborhood houses several city government buildings, including Laredo City Hall and the Webb County Sheriff’s Office. The San Agustín Catholic Cathedral, established in 1872, stands as the second tallest building in Laredo. The Outlet Shoppes at Laredo, located in the southern part of the neighborhood, features over 50 stores and various dining options, including Titos Burgers and Snacks. Local businesses and restaurants, such as ALA Burger and El Meson De San Agustín, add to the vibrant atmosphere. The El Centro de Laredo Farmers Market, held monthly at The Outlet Shoppes, showcases local vendors within 200 miles of Laredo. The El Metro Transit headquarters, with 21 buses, provides convenient transportation throughout the city. Interstate 35 borders the neighborhood to the east, facilitating travel across the country. Parks like San Agustín Plaza and Jarvis Plaza offer shaded walking paths and memorials, while the John Peter and Consuelo Montalvo Los Tres Laredos Park provides picnic areas along the Rio Grande. The Laredo Center for the Arts and several museums on Zaragoza Street contribute to the cultural attractions. Homes in CBD are primarily Spanish-style, single-story buildings, with most constructed in the 1950s. The neighborhood's commercial nature means nights and weekends can be busy and noisy.
Frequently Asked Questions
Is CBD a good place to live?
CBD is a good place to live. CBD is considered fairly walkable and bikeable. CBD has 2 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 57. The average household income is $9,500 which is below the national average. College graduates make up 2.5% of residents. A majority of residents in CBD are renters, with 95.5% of residents renting and 4.5% of residents owning their home. A
local real estate agent serving CBD can help you decide if this neighborhood is the right one for you. Learn more on our
CBD neighborhood guide.
How much do you need to make to afford a house in CBD?
The median home price in CBD is $264,990. If you put a 20% down payment of $53,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in CBD. The average household income in CBD is $10K.
What are the best public schools in CBD?
The best public schools that serve CBD are:
What are the best private schools in CBD?
The best private schools that serve CBD are:
What are the most popular zip codes in CBD, Laredo, TX?
What are the most popular neighborhoods near CBD, Laredo, TX?
Home Trends in CBD, TX
Median Single Family Sale Price
$264,990
Average Price Per Sq Ft
$165
Number of Homes for Sale
5
Last 12 months Home Sales
0
Median List Price
$264,990