NOT LISTED FOR SALE

1201 W Nolana Loop Pharr, TX 78577

Estimated Value: $687,029 - $703,000

1.68 Acres
$413,699 Price per Acre
73,181 Sq Ft Lot

Last Sold November 14, 2023

Current estimated payment $4,992/month

525 Days on Market

Highlights

  • 1.68 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of November 2023

LOCATION LOCATION LOCATION!!!!
This is the perfect spot for investors looking for plenty of room to grow. This 1.68 acre lot is situated on the corner of Johnson and Nolana near major intersections in Pharr and McAllen including expressway 281. Zoned commercial, this property is perfect for retail space, medical offices, pharmacies or restaurants!

Last Agent to Sell the Property

Myra Caridad García

The Agency Austin, Llc Listed on: 05/31/2022

The Agency Austin, Llc

Last Buyer's Agent

Juan Rodriguez

Encore Fine Properties

Encore Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,934

Lot Details

  • 1.68 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Property is zoned CO

Schools

  • Arnold Elementary School
  • Johnson Middle School
  • Psja North High School

Community Details

  • No Home Owners Association
  • Beamsley Subdivision

Listing and Financial Details

  • Assessor Parcel Number B203500000000800

Property Details

Property Type

Land

Est. Annual Taxes

$6,934

Lot Details

0

Listing Details

  • Directions: Go east on Nolana from Jackson. Lot is located on the SE Corner of Johnson and Nolana.
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 1.68
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Beamsley
  • GMAR_Escrow: 7350
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Curb & Gutters, Irregular Lot
  • Home Warranty: No

Utilities

  • Utilities: None
  • Electricity On Property: No
  • Water Source: Public, City
  • Water Comments: none

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Arnold
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Johnson

Lot Info

  • Zoning: CO
  • Current Use: Commercial, Improved
  • Lot Size Sq Ft: 73180.8
  • Parcel #: B203500000000800
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: NO

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Nov 14, 2023
Sold by
Ma Skaria Family Trust
Bought by
Jasso Express Rgv Llc
Seller's Agent
Myra Caridad García
The Agency Austin, Llc
Buyer's Agent
Juan Rodriguez
Encore Fine Properties
List Price
$735,000
Sold Price
$685,000
Premium/Discount to List
-$50,000
-6.8%
Total Days on Market
525
Views
55
Current Estimated Value
$695,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,015
Avg. Annual Appreciation
0.92%
Original Mortgage
$513,750
Outstanding Balance
$387,092
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$307,923

Purchase Details

Closed on
Sep 15, 2022
Sold by
Mani Skaria
Bought by
Ma Skaria Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jasso Express Rgv Llc -- Corporation Service
Ma Skaria Family Trust -- Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jasso Express Rgv Llc $513,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold -- -- --
10/31/2023 10/31/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $725,000 -0.7% --
03/28/2023 03/28/23 Price Changed $730,000 -0.7% --
10/01/2022 10/01/22 For Sale $735,000 0.0% --
08/25/2022 08/25/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $735,000 -- --
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 $13,311 $496,285 $496,285 --
2023 $13,301 $496,285 $496,285 $0
2022 $6,809 $242,748 $242,748 $0
2021 $6,934 $242,748 $242,748 $0
2020 $7,022 $242,748 $242,748 $0
2019 $7,114 $242,748 $242,748 $0
2018 $7,155 $242,748 $242,748 $0
2017 $7,216 $242,748 $242,748 $0
2016 $7,216 $242,748 $242,748 $0
2015 $7,183 $242,748 $242,748 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 381698

Greater McAllen Association of REALTORS®

APN: B2035-00-000-0008-00