$100,000
SOLD APR 15, 2025
Last list price

318 E 3rd St Elsa, TX 78543

3 Beds
3 Baths
4,634 Sq Ft
0.45 Acres

Recently Sold

$22 Per Sq Ft

20 Days on Market

Highlights

  • 0.45 Acre Lot
  • Concrete Flooring
  • 1-Story Property
  • No HOA
  • No Heating
  • 4-minute walk to Veterans Memorial Park

About This Home

As of April 2025

This abandoned church property, situated just minutes from downtown Elsa, Texas, offers a unique investment opportunity. Located near major retailers like HEB and Walmart, this property benefits from a prime location and high visibility.

Imagine the possibilities! This expansive site, spanning three spacious lots, provides ample room for development.

Ideal for adaptive reuse, this property is perfect for three of four residential units, commercial spaces, or community facilities. Benefit from the property's prime location and potential for appreciation.

While the property requires repairs, its potential for transformation is immense.=Schedule a viewing and explore the possibilities of this exciting venture.

Last Agent to Sell the Property

Leopoldo Vazquez

Tnt Real Estate Listed on: 08/30/2024

Last Buyer's Agent

Alejandra Flores

Tnt Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,882

Year Built

  • Built in 2008

Lot Details

  • 0.45 Acre Lot

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,634 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Lbj Elementary School
  • Ybarra Middle School
  • Edcouch-Elsa High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Elsa Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number E540000065000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,882

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: From HW 107 and Broadway go East on 107 then go North on Fanning St. Property sits on the corner of E 3rd st and N Fanning St.
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4477
  • Road Surface Type: Paved
  • Subdivision Name: Elsa Original Townsite
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 1000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle, Flat
  • Appliances: Water Heater (None), Other
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Concrete
  • Living Area: 4634
  • Window Features: No Window Coverings
  • Master Bedroom Features: None

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Countertops (Other), None
  • Fencing: None
  • Home Warranty: No
  • Construction Type: None
  • Foundation Details: Pillar/Post/Pier, Slab
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • Cooling: No HVAC
  • Cooling Y N: No
  • Heating: No HVAC
  • Heating Yn: No
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: LBJ
  • High School: Edcouch-Elsa H.S.
  • Junior High Dist: Edcouch-Elsa ISD
  • Middle Or Junior School: Ybarra

Lot Info

  • Lot Size Sq Ft: 19501.812
  • Parcel #: E540000065000700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Apr 8, 2025
Sold by
Ministerio Dios Es Amor Inc
Bought by
New Life Ministries Elsa Tx Inc
Seller's Agent
Leopoldo Vazquez
Tnt Real Estate
Buyer's Agent
Alejandra Flores
Tnt Real Estate
List Price
$100,000
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$34,377
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 2010
Sold by
Mission Presbytery Church
Bought by
Ministerio Dios Es Amor Inc
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 -- Sierra Title
Warranty Deed -- Vltc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold -- -- --
09/20/2024 09/20/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $100,000 -- $22 / Sq Ft
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 $5,887 $206,477 $89,700 $116,777
2023 $5,882 $206,477 $89,700 $116,777
2022 $5,519 $186,977 $70,200 $116,777
2021 $5,138 $171,377 $54,600 $116,777
2020 $5,548 $180,152 $63,375 $116,777
2019 $5,546 $180,152 $63,375 $116,777
2018 $5,597 $180,152 $63,375 $116,777
2017 $4,217 $134,600 $54,600 $80,000
2016 $4,217 $134,600 $54,600 $80,000
2015 -- $134,600 $54,600 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 448366

Greater McAllen Association of REALTORS®

APN: E5400-00-065-0007-00