$299,000
SOLD JUL 3, 2025
Last list price

1201 E Jasmine Ave McAllen, TX 78501

0.64 Acre
$466,750 Price per Acre
27,905 Sq Ft Lot

Recently Sold

102 Days on Market

Highlights

  • Corner Lot
  • Cathey Middle School Rated A-
  • No HOA

About This Lot

As of July 2025

Location, Location, Location. Over half an acre commercial corner lot near Jackson Rd and Hackberry in McAllen. Just a few minutes from the expressway, or north McAllen, or 281. This lot is centrally located in the heart of McAllen. Perfect for office spaces, a warehouse, or both!

Last Agent to Sell the Property

Damian Benavides

The Firm Real Estate Co. Llc Listed on: 11/24/2024

Last Buyer's Agent

Laura Liza Paz, SIOR

Nai Rio Grande Valley

Nai Rio Grande Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,844

Lot Details

  • 0.64 Acre Lot
  • Corner Lot
  • Property is zoned CO

Schools

  • Jackson Elementary School
  • Travis Middle School
  • Mcallen High School

Community Details

  • No Home Owners Association
  • Market Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number M11200004A001A00

Property Details

Property Type

Land

Est. Annual Taxes

$2,844

Lot Details

0

Listing Details

  • Directions: Head North on Jackson Rd from Hackberry. Turn Left on E Jasmine Ave. Lot will be on the next corner on the North side.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.6406
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Market Center
  • GMAR_Escrow: 1000
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Lot Features: Alley, Corner Lot
  • Home Warranty: No

Utilities

  • Utilities: None, Sewer Available
  • Electricity On Property: No
  • Water Source: City
  • Water Comments: McAllen

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Jackson
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Zoning: CO
  • Current Use: Commercial
  • Lot Size Sq Ft: 27904.9716
  • Parcel #: M11200004A001A00

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2024
Closed on
Jun 26, 2025
Sold by
American Postal Workers Union Mcallen Lo
Bought by
Conceptual Investments Llc
Seller's Agent
Damian Benavides
The Firm Real Estate Co. Llc
Buyer's Agent
Laura Liza Paz, SIOR
Nai Rio Grande Valley
List Price
$299,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.63%
Original Mortgage
$185,250
Outstanding Balance
$185,094
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$112,906

Purchase Details

Closed on
Aug 13, 1997
Sold by
Valmor Service Corp
Bought by
American Postal Workers Union Mcallen Lo
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 -- None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold -- -- --
03/07/2025 03/07/25 Pending -- -- --
11/24/2024 11/24/24 For Sale $299,000 -- --
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 $2,837 $119,996 $119,996 --
2023 $2,844 $119,996 $119,996 $0
2022 $3,081 $119,996 $119,996 $0
2021 $3,161 $119,996 $119,996 $0
2020 $3,205 $119,996 $119,996 $0
2019 $2,542 $92,090 $92,090 $0
2018 $2,555 $92,090 $92,090 $0
2017 $2,574 $92,090 $92,090 $0
2016 $2,574 $92,090 $92,090 $0
2015 $2,537 $92,090 $92,090 $0
Source: Public Records

Agents Affiliated with this Home

  • Damian Benavides

    Seller's Agent in 2025

    Damian Benavides

    The Firm Real Estate Co. Llc

    (956) 739-1059

    4 Total Sales

    Damian Benavides
    Section Image
  • Laura Liza Paz, SIOR

    Buyer's Agent in 2025

    Laura Liza Paz, SIOR

    Nai Rio Grande Valley

    (956) 731-4422

    150 Total Sales

    Laura Liza Paz, SIOR
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 455511

Greater McAllen Association of REALTORS®

APN: M1120-00-04A-001A-00

Texas Hidalgo County McAllen 78501

1201 E Jasmine Ave, McAllen, TX

This home is located at 1201 E Jasmine Ave, McAllen, TX 78501 and is currently estimated at $299,000. 1201 E Jasmine Ave is a home located in Hidalgo County with nearby schools including Jackson Elementary School, Cathey Middle School, and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Information deemed reliable but not guaranteed.

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