$388,000
SOLD MAY 9, 2025
Last list price

400 Grayson Ave McAllen, TX 78504

0.49 Acre
$787,657 Price per Acre
21,458 Sq Ft Lot

Recently Sold

951 Days on Market

About This Lot

As of May 2025

Reduced Price. A corner estate-sized half-acre lot in a gated subdivision surrounded by numerous oak trees is now available in the coveted Orangewood North development, located off of N 2nd St and Frontera Rd. Prime location with proximity to various shopping options & restaurants.

Last Agent to Sell the Property

Laura Liza Paz, SIOR

Nai Stx Listed on: 09/27/2022

Nai Stx

Last Buyer's Agent

Ana Gabriela Villarreal Bustamante

Pinnacle Realty Advisors

Pinnacle Realty Advisors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,961

Lot Details

  • 0.49 Acre Lot

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Gonzalez Elementary School
  • Cathey Middle School
  • Memorial High School

Listing and Financial Details

  • Assessor Parcel Number O662000000003400

Community Details

Overview

  • Orangewood North Homeowners Association
  • Orangewood North Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,961

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Directions: From Trenton Road, head North on 10th St., then turn right (east) on Frontera Road., then turn right on 4th St., and then another right turn onto Grayson Avenue.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.4926
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Orangewood North
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

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

Utilities

  • Utilities: Water Connected
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City
  • Water Comments: NA

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: Orangewood North Homeowners Association
  • Association: Yes

Schools

  • Elementary School: Gonzalez
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Zoning: R
  • Current Use: Single Family, Unimproved
  • Lot Size Sq Ft: 21455.9136
  • Parcel #: O662000000003400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
May 8, 2025
Sold by
Jan and Mireva
Bought by
Merchan Juan Diego Palaci and Jerves Elisa Carolina Vel
Seller's Agent
Laura Liza Paz, SIOR
Nai Stx
Buyer's Agent
Ana Gabriela Villarreal Bustamante
Pinnacle Realty Advisors
List Price
$425,000
Views
391
Current Estimated Value
$412,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
May 31, 2018
Sold by
Orangewood Ventures Llc
Bought by
Jan Asif
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Valley Land Title
Special Warranty Deed -- Edwards Abstract And Title C
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold -- -- --
05/06/2025 05/06/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $388,000 -2.8% --
10/03/2024 10/03/24 Price Changed $399,000 -6.1% --
03/08/2024 03/08/24 Price Changed $425,000 +11.9% --
07/25/2023 07/25/23 Price Changed $379,900 -4.7% --
12/12/2022 12/12/22 Price Changed $398,500 -6.2% --
09/27/2022 09/27/22 For Sale $425,000 -- --
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
2025 $3,112 $132,280 $132,280 --
2024 $3,112 $132,280 $132,280 --
2023 $3,007 $127,806 $127,806 $0
2022 $3,058 $123,322 $123,322 $0
2021 $3,124 $122,303 $122,303 $0
2020 $5,200 $203,838 $203,838 $0
2019 $5,170 $203,838 $203,838 $0
2018 $3,271 $128,740 $128,740 $0
2017 $2,463 $96,555 $96,555 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 390109

Greater McAllen Association of REALTORS®

APN: O6620-00-000-0034-00