NOT LISTED FOR SALE

408 E Cedar Ave McAllen, TX 78501

0.64 Acre
-- Price per Acre
27,878 Sq Ft Lot

Last Sold December 21, 2017

251 Days on Market

Highlights

  • Gated Community
  • Cathey Middle School Rated A-
  • No HOA

About This Lot

As of December 2017

A paved lot in the heart of McAllen. The lot has an automatic gate and chain link fencing on three sides of the lot. The property would be a great opportunity for a business in need of a large storage yard for a fleet of vehicles or equipment storage, or the lot would be good site to build a warehouse or office building in a nice light industrial area of town. Sellers would potentially consider owner financing with 25% down at 7.5% interest. The property is also being offered for lease at $1,350/month, and a potential lease with an option to purchase may be considered for the right user. The owners may also consider a trade of this property for other land or income producing property.

Last Agent to Sell the Property

Blake Box

Aztec Realty & Investments, Llc Listed on: 03/15/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,362

Lot Details

  • 0.64 Acre Lot

Schools

  • Fields Elementary School
  • Travis Middle School
  • Memorial High School

Listing and Financial Details

  • Assessor Parcel Number I400000000000700

Community Details

Overview

  • No Home Owners Association
  • Industrial Distribution Center Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,362

Lot Details

0

Listing Details

  • Directions: In McAllen, approximately 3-4 blocks west of McColl Road on the south side of Cedar Avenue. Cedar Avenue is located two blocks north of the intersection of McColl Road and Business 83 in McAllen
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.64
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Industrial Distribution Center
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Blake J. Box
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Other
  • Lot Features: Other

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Water Available, Sewer Available
  • Electricity On Property: Yes
  • Water Source: City
  • Water Comments: City

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No

Schools

  • Elementary School: Fields
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Current Use: Commercial, Improved
  • Lot Size Sq Ft: 27878.4
  • Parcel #: I400000000000700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3362

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2020
Sold by
All Industrial Supply Llc
Bought by
Moxley Paul S and Moxley Paula B
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Moxley Paul S -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold -- -- --
11/21/2017 11/21/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $179,000 -- --
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 $9,280 $419,442 $106,400 $313,042
2024 $9,280 $395,700 $106,400 $289,300
2023 $8,916 $378,965 $106,400 $272,565
2022 $8,640 $348,387 $106,400 $241,987
2021 $4,075 $159,524 $106,400 $53,124
2020 $4,070 $159,524 $106,400 $53,124
2019 $4,164 $164,144 $106,400 $57,744
2018 $3,768 $148,324 $95,200 $53,124
2017 $3,362 $131,813 $95,200 $36,613
2016 $3,362 $131,813 $95,200 $36,613
2015 $3,076 $120,114 $95,200 $24,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 204917

Greater McAllen Association of REALTORS®

APN: I4000-00-000-0007-00