NOT LISTED FOR SALE

1450 E Zaragosa Dr Pharr, TX 78577

Las Milpas Neighborhood

Estimated Value: $816,120

3.34 Acres
$244,347 Price per Acre
145,490 Sq Ft Lot

Last Sold June 03, 2024

Current estimated payment $5,682/month

133 Days on Market

Highlights

  • 3.34 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of June 2024

Offering 3.34 acres of prime commercial/industrial land for sale in Monarch Business Park, Pharr, TX. This versatile property is perfect for developing either dry or cold storage warehouses or pursuing a build-to-rent/Hedge Funds strategy. Strategically located near the Pharr-Reynosa border crossing, this plot is ready for construction. Zoned as commercial-light industrial, this sought-after corner acreage in Monarch Business Park presents a unique investment opportunity. Don't miss out – act promptly and contact us for more details.

Last Agent to Sell the Property

Juan Elizondo

Re/Max Elite Listed on: 01/21/2024

Re/Max Elite

Last Buyer's Agent

Juan Elizondo

Re/Max Elite Listed on: 01/21/2024

Re/Max Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,854

Lot Details

  • 3.34 Acre Lot
  • Corner Lot

Schools

  • Valley View Elementary School
  • Valley View Junior High
  • Valley View High School

Community Details

  • No Home Owners Association
  • Monarch Business Park Ph 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number M567901000000200

Property Details

Property Type

Land

Est. Annual Taxes

$8,854

Lot Details

0

Listing Details

  • Directions: On Military Hwy going to Pharr TX, left on Veterans Blvd, Property is on the Corner lot on Veterans and Zaragosa Dr, Next to Warehouse. For Sale Sign on Property.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 3.34
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Monarch Business Park Ph 1
  • GMAR_Escrow: 8000
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Other
  • Lot Features: Other, Corner Lot
  • Home Warranty: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, Street Lights
  • Association: No

Schools

  • Elementary School: Valley View
  • High School: Valley View H.S.
  • Junior High Dist: Valley View ISD
  • Middle Or Junior School: Valley View Junior High

Lot Info

  • Current Use: Commercial, Unimproved
  • Lot Size Sq Ft: 145489.9644
  • Parcel #: M567901000000200
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Dec 21, 2023
Sold by
Am Fresh Produce Llc
Bought by
Pena Jorge Luis and Ponce Adriana Pena
Seller's Agent
Iris Sosa-Heredia
Momentum Realty
Buyer's Agent
Juan Elizondo
Re/Max Elite
List Price
$840,000
Views
11
Current Estimated Value
$816,120

Purchase Details

Closed on
Nov 8, 2017
Sold by
Inantel Texas Lp
Bought by
Am Fresh Produce Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Pena Jorge Luis -- Sierra Title
Am Fresh Produce Llc -- Valley Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Am Fresh Produce Llc $100,000
Previous Owner Am Fresh Produce Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold -- -- --
01/21/2024 01/21/24 For Sale $840,000 0.0% --
12/21/2023 12/21/23 Sold -- -- --
12/16/2023 12/16/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $840,000 -- --
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 $15,222 $531,779 $531,779 --
2023 $8,765 $305,955 $305,955 $0
2022 $8,730 $305,955 $305,955 $0
2021 $6,373 $218,540 $218,540 $0
2020 $6,374 $218,540 $218,540 $0
2019 $6,603 $218,540 $218,540 $0
2018 $6,618 $218,540 $218,540 $0
2017 $3,841 $125,372 $125,372 $0
2016 $3,841 $125,372 $125,372 $0
Source: Public Records

Agents Affiliated with this Home

  • Juan Elizondo

    Seller's Agent in 2024

    Juan Elizondo

    RE/MAX

    (956) 522-1481

    2 in this area

    39 Total Sales

    Juan Elizondo
    Section Image
  • Iris Sosa-Heredia

    Seller's Agent in 2023

    Iris Sosa-Heredia

    Momentum Realty

    (956) 222-8349

    3 in this area

    110 Total Sales

    Iris Sosa-Heredia
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 425688

Greater McAllen Association of REALTORS®

APN: M5679-01-000-0002-00

Texas Hidalgo County Pharr 78577 Las Milpas

1450 E Zaragosa Dr, Pharr, TX

This home is located at 1450 E Zaragosa Dr, Pharr, TX 78577 since 21 January 2024 and is currently priced at $816,120. 1450 E Zaragosa Dr is a home located in Hidalgo County with nearby schools including Hidalgo Early College High School, IDEA Academy - Pharr, and IDEA College Prep - Pharr.

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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