3502 S Urbahn Ave Laredo, TX 78046
Laredo AreaEstimated payment $19,340/month
Highlights
- Corner Lot
- Laundry closet
- Central Heating and Cooling System
- No HOA
- Tile Flooring
- Ceiling Fan
About This Home
22-Unit New Construction Multifamily Asset in Laredo, TX. Offered quietly to qualified investors, this contemporary apartment community is approximately two months from completion with May 2026 delivery. Spanning 19,826 SF, the asset features efficient 2 bed / 2 bath layouts designed for durability, low maintenance, and consistent rental demand. Priced at $3,300,000 with a projected 8.06% cap rate, this is a pre-stabilization acquisition positioned for value creation through lease-up and income growth. Laredo continues to expand beyond 260,000 residents and operates as the #1 inland port in the U.S., supporting strong employment and housing demand. Limited new supply and sustained economic momentum position this asset for appreciation and cap rate compression. Full OM and financials available upon request. Inquiries limited to serious, qualified investors only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,421
Year Built
- Built in 2026
Lot Details
- 33,371 Sq Ft Lot
- Privacy Fence
- Corner Lot
Parking
- 22 Carport Spaces
Home Design
- Slab Foundation
- Composition Shingle Roof
- Stucco
Interior Spaces
- 19,826 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Tile Flooring
- Laundry closet
Kitchen
- Stove
- Microwave
Schools
- Kawas Elementary School
- Cigarroa Middle School
- Cigarroa High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 263965
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Eastern Division Subdivision
Building Details
- Insurance Expense $14,657
- Maintenance Expense $8,960
- Gross Income $300,840
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,284 | $253,617 | $253,617 | |
| 2024 | $1,090 | $214,640 | ||
| 2023 | $4,290 | $178,867 | $178,867 | |
| 2022 | $4,120 | $156,508 | $156,508 | $0 |
| 2021 | $3,459 | $125,140 | $125,140 | $0 |
| 2020 | $3,468 | $125,140 | $125,140 | $0 |
| 2019 | $2,369 | $83,425 | $83,425 | $0 |
| 2018 | $3,453 | $125,140 | $125,140 | $0 |
| 2017 | $2,527 | $90,770 | $90,770 | $0 |
| 2016 | $2,527 | $90,770 | $90,770 | $0 |
| 2015 | $2,505 | $90,770 | $90,770 | $0 |
| 2014 | $2,505 | $90,770 | $90,770 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $3,300,000 | +2521.1% | $166 / Sq Ft | |
| 09/27/2019 09/27/19 | Sold | -- | -- | -- | View Prior Sale |
| 08/22/2019 08/22/19 | Off Market | -- | -- | -- | |
| 05/10/2019 05/10/19 | Price Changed | $125,900 | -28.0% | -- | |
| 02/06/2019 02/06/19 | For Sale | $174,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Championship Title | |
| Warranty Deed | -- | Championship Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,200,000 | New Conventional | |
| Closed | $2,200,000 | New Conventional |
Source: Greater McAllen Association of REALTORS®
MLS Number: 498365
APN: 263965
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.
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.
Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.
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