201 W Ocean Blvd Los Fresnos, TX 78566
Estimated payment $2,904/month
Highlights
- 1-Story Property
- Garage
- 4-minute walk to Los Fresnos City Park
- Lopez-Riggins Elementary School Rated A-
- Partially Fenced Property
About This Home
Great Investment Opportunity! 9 Units total plus 2 potential workshops offers strong cash flow opportunities. Located in Los Fresnos are, all units are tenant occupied ensuring immediate income.Each unit is unique in square footage, bedrooms, and bathrooms, providing flexibility for various tenant needs. While slightly outdated, the property's great location offers value-add potential for upgrades. An ideal opportunity for investors looking expand their portfolio in a stable rental market. Seller financing is also available.
Listing Agent
KELLER WILLIAMS LRGV Brokerage Phone: 9564238877 License #TREC # 0609807 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,288
Year Built
- Built in 1948
Lot Details
- 9,375 Sq Ft Lot
- Partially Fenced Property
Home Design
- Combination Foundation
- Stucco
Interior Spaces
- 4,311 Sq Ft Home
- 1-Story Property
Parking
- Garage
- No Garage
Schools
- Los Fresnos Elementary And Middle School
- Los Fresnos High School
Utilities
- Electric Water Heater
Community Details
- 9 Units
- Los Fresnos Original Townsite Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,288 | $194,094 | $46,875 | $147,219 |
| 2024 | $4,288 | $194,094 | $46,875 | $147,219 |
| 2023 | $3,971 | $177,194 | $46,875 | $130,319 |
| 2022 | $4,192 | $166,930 | $37,500 | $129,430 |
| 2021 | $2,638 | $101,161 | $37,500 | $63,661 |
| 2020 | $2,651 | $101,161 | $37,500 | $63,661 |
| 2019 | $2,633 | $101,161 | $37,500 | $63,661 |
| 2018 | $2,625 | $101,161 | $37,500 | $63,661 |
| 2017 | $2,142 | $82,804 | $37,500 | $45,304 |
| 2016 | $2,142 | $82,804 | $37,500 | $45,304 |
| 2015 | $2,144 | $82,804 | $37,500 | $45,304 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Off Market | -- | -- | -- |
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $468,400 | -- | $109 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Stewart Title Company | |
| Gift Deed | -- | None Available | |
| Warranty Deed | -- | Southern Texas Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | New Conventional | |
| Closed | $160,000 | Commercial | |
| Previous Owner | $70,000 | Purchase Money Mortgage |
Source: Rio Grande Valley Multiple Listing Service
MLS Number: 29766701
APN: 370000-0340-001000
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