$120,000

500 E Vfw Ave Elsa, TX 78543

Estimated payment $942/month

3 Beds
1 Bath
1,181 Sq Ft
$102 Price per Sq Ft

Highlights

  • Mature Trees
  • No HOA
  • Laundry Room
  • Corner Lot
  • Patio
  • Ceiling Fan

About This Home

Unlock the potential of this rare investment opportunity in Elsa, TX! Sitting on two spacious city lots, this property offers endless possibilities. Fix it up to make it your personal home, renovate and flip for profit, or check with the City of Elsa about the possibility of dividing the lots for added value. With plenty of room to dream, build, and create, this is your chance to shape the future of a great piece of property in a growing community. Home is being sold as-is so bring your vision and make it happen!

Listing Agent

Eric Jimenez

Eric Real Estate Group, Llc Listed on: 11/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,718

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Mature Trees

Parking

  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Elsa Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number E540000061000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,718

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From 88 going north, turn east onto VFW Avenue in Elsa and continue straight until you reach 500 E VFW Avenue.
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3214
  • Road Surface Type: Paved
  • Subdivision Name: Elsa Original Townsite
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Gas Water Heater, Water Heater (Laundry Room), No Conveying Appliances
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Living Area: 1181
  • Window Features: No Window Coverings
  • Master Bedroom Features: None

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Countertops (Laminate), Ceiling Fan(s)
  • Fencing: Chain Link
  • Lot Features: Alley, Corner Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Attached

Utilities

  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Cooling: No HVAC
  • Cooling Y N: No
  • Heating: No HVAC
  • Heating Yn: No
  • Sewer: City Sewer
  • Water Source: Public

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: 14000.184
  • Parcel #: E540000061000100

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3718

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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List 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
2025 $3,110 $131,633 $62,300 $69,333
2024 $3,110 $109,053 $56,000 $53,053
2023 $3,106 $109,053 $56,000 $53,053
2022 $2,235 $75,702 $36,400 $39,302
2021 $1,958 $65,296 $35,000 $32,087
2020 $1,828 $59,360 $31,500 $29,200
2019 $1,661 $53,964 $31,500 $22,464
2018 $1,737 $55,890 $31,500 $24,390
2017 $1,860 $59,367 $35,700 $23,667
2016 $1,827 $58,305 $35,700 $22,605
2015 $1,372 $58,305 $35,700 $22,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $120,000 -- $102 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 487784

Greater McAllen Association of REALTORS®

APN: E5400-00-061-0001-00