$474,500
$21K PRICE DROP

201 W Ocean Blvd Los Fresnos, TX 78566

Estimated payment $2,985/month

Total Views 15,376
-- Bed
-- Bath
4,311 Sq Ft
$110 Price per Sq Ft

Highlights

  • 1-Story Property
  • Garage
  • 4-minute walk to Los Fresnos City Park
  • Lopez-Riggins Elementary School Rated A-

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 While slightly outdated, the property's great location offers value-add potential for upgrades.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

Melissa J. Santos-Martinez

KELLER WILLIAMS LRGV Brokerage Phone: 9564238877 License #TREC # 0609807 Listed on: 10/29/2024

KELLER WILLIAMS LRGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,288

Year Built

  • Built in 1948

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

Additional Features

  • 9,375 Sq Ft Lot
  • Electric Water Heater

Community Details

  • 9 Units
  • Los Fresnos Original Townsite Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,288

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • Reso Fencing: Partial
  • ResoLotFeatures: None
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Co List Office Phone: 956-423-8877
  • MLS Status: Active
  • Subdivision Name: Los Fresnos Original Townsite
  • Carport Y N: No
  • Unit Levels: One
  • Efficiency: None
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater

Exterior Features

  • Exterior Features: None
  • Construction Type: Stucco
  • Foundation Details: Combination
  • Other Structures: None

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: 4 or More Car Garage, No Carport, No Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Los Fresnos
  • High School: Los Fresnos
  • Junior High Dist: Los Fresnos C.I.S.D.
  • Middle Or Junior School: Los Fresnos

Lot Info

  • Lot Size Sq Ft: 9375
  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 9

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $468,400 -1.3% $109 / Sq Ft
06/12/2025 06/12/25 For Sale $474,500 0.0% $110 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $474,500 0.0% $110 / Sq Ft
05/05/2025 05/05/25 Off Market -- -- --
01/13/2025 01/13/25 Price Changed $474,500 -4.1% $110 / Sq Ft
10/29/2024 10/29/24 For Sale $495,000 -- $115 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Stewart Title Company
Gift Deed -- None Available
Warranty Deed -- Southern Texas Title Co
Source: Public Records

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: Public Records

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29758648

Rio Grande Valley Multiple Listing Service

APN: 370000-0340-001000

Texas Cameron County Los Fresnos 78566

201 W Ocean Blvd, Los Fresnos, TX

This home is located at 201 W Ocean Blvd, Los Fresnos, TX 78566 and is currently priced at $474,500, approximately $110 per square foot. This property was built in 1948. 201 W Ocean Blvd is a home located in Cameron County with nearby schools including Lopez-Riggins Elementary School, Los Cuates Middle School, and Los Fresnos 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.

Rio Grande Valley Multiple Listing Service IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Melissa J. Santos-Martinez
Listing Agent
Melissa J. Santos-Martinez
Section Image
KELLER WILLIAMS LRGV
(956) 420-6014