$3,500,000
$300K PRICE DROP

3517 Us Highway Business 83 McAllen, TX 78501

Estimated payment $21,053/month

Total Views 12,415
5.16 Acres
$678,295 Price per Acre
224,770 Sq Ft Lot

About This Lot

Prime Commercial Land For Sale. Amazing opportunity to own a commercial tract of land located near the expressway in McAllen, TX! Location Highlights: Minutes from McAllen International Airport - Close to major shopping centers - Easy access to the expressway and Surrounded by thriving businesses and development opportunities.
Perfect for investors or developers looking to maximize potential in a high-traffic area. Give us a call for more information!

Listing Agent

Maggie Harris

Keller Williams Realty RGV Listed on: 09/10/2024

Keller Williams Realty RGV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,796

Lot Details

  • 5.16 Acre Lot
  • Property fronts a highway
  • Irregular Lot
  • Property is zoned CO

Schools

  • Zavala Elementary School
  • Brown Middle School
  • Rowe High School

Community Details

  • No Home Owners Association
  • King's Highway Subdivision

Listing and Financial Details

  • Assessor Parcel Number K720000000000602

Property Details

Property Type

Land

Est. Annual Taxes

$23,796

Lot Details

0

Listing Details

  • Directions: From Expressway 83 go north on Ware Rd. Property is located south of Stripes/Sunoco at south east corner of Ware Rd and US Business 83.
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 5.16
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: King's Highway
  • GMAR_Escrow: 30000
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Subdevelopment

Exterior Features

  • Fencing: None
  • Lot Features: Irregular Lot
  • Home Warranty: No

Utilities

  • Utilities: Other, Sewer Available
  • Electricity On Property: No
  • Water Source: Public, City
  • Water Comments: N/A

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Zavala
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Brown

Lot Info

  • Zoning: CO
  • Current Use: Commercial, Unimproved
  • Lot Size Sq Ft: 224770.0356
  • Parcel #: K720000000000602
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 23796

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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 $19,168 $1,011,463 $1,011,463 --
2023 $23,797 $1,011,463 $1,011,463 $0
2022 $25,083 $1,011,463 $1,011,463 $0
2021 $56 $1,569,270 $1,569,270 $0
2020 $53 $1,569,270 $1,569,270 $0
2019 $56 $1,331,702 $1,331,702 $0
2018 $55 $1,333,880 $1,333,880 $0
2017 $56 $1,569,270 $1,569,270 $0
2016 $63 $1,333,880 $1,333,880 $0
2015 $84 $1,333,880 $1,333,880 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Price Changed $3,500,000 +40.0% --
09/27/2024 09/27/24 Price Changed $2,500,000 -34.2% --
09/10/2024 09/10/24 For Sale $3,800,000 -- --
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Edwards Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $2,250,000 Seller Take Back
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 449038

Greater McAllen Association of REALTORS®

APN: K7200-00-000-0006-02