$1,500,000
SOLD FEB 25, 2025
Last list price

5000 N Cage Blvd Pharr, TX 78577

3.47 Acres
$432,277 Price per Acre
151,153 Sq Ft Lot

Recently Sold

366 Days on Market

About This Lot

As of February 2025

Perfect location of Commercial/Industrial Lot with frontage to expressway 281! 3.47 Acres close to new development area. Outstanding Commercial Property on the East Side of IH 69-Hwy 281 at the Owassa Road Exit. Easy Off and Easy On to the Highway. Located Just South of the New Bert Ogden Arena and the Shops at Trenton Road and 281. This Location is Within Minutes of the Doctor's Hospital at Renaissance Campus. This Property is Zoned Limited Industrial District (LI) with Potential for All Commercial or Other Businesses Approved by the City of Pharr. Retail, Hotel, Restaurant, and Many Others. Take Advantage of This Outstanding Opportunity to Develop a Business in the Path of the Community's Growth.

Last Agent to Sell the Property

Mona Kim

Tnt Real Estate Listed on: 08/31/2023

Last Buyer's Agent

Rick Flores

South Texas Commercial Real Estate

South Texas Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,447

Lot Details

  • 3.47 Acre Lot
  • Property fronts a highway
  • Irregular Lot

Schools

  • Long Elementary School
  • Lbj Middle School
  • Psja North High School

Community Details

  • No Home Owners Association
  • Kelly Pharr Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number K240000000009316

Property Details

Property Type

Land

Est. Annual Taxes

$22,447

Lot Details

0

Listing Details

  • Directions: From Nolana and Hwy 281, North on Frontage Rd., Property on East side South of Minnesota Rd.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 3.47
  • Road Frontage Type: Other, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Kelly Pharr Tract
  • GMAR_Escrow: 10000
  • Non-Allowables: No
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Other

Exterior Features

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

Utilities

  • Utilities: Water Connected
  • Electricity On Property: No
  • Water Source: Public, City
  • Water Comments: City

Condo/Co-op/Association

  • Community Features: None, Other
  • Association: No

Schools

  • Elementary School: Long Elem
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Current Use: Commercial, Improved
  • Lot Size Sq Ft: 151153.2
  • Parcel #: K240000000009316
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: no

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 22447
  • Agriculture Tax Value: 22447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Feb 25, 2025
Sold by
Edison International Consultants Llc
Bought by
Blue Beacon Inc
Seller's Agent
Mona Kim
Tnt Real Estate
Buyer's Agent
Rick Flores
South Texas Commercial Real Estate
List Price
$1,500,000
Views
31
Current Estimated Value
$629,041

Purchase Details

Closed on
Jun 8, 2018
Sold by
Antequera Partners Lp
Bought by
Edison International Consultants Llc

Purchase Details

Closed on
Sep 18, 2007
Sold by
The Alvaro Restrepo & Ana C Posada Diaz
Bought by
Antequera Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 1996
Sold by
Abbott Bonnie
Bought by
Abbott Jerry
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Security 1St Title Llc
Warranty Deed -- None Available
Vendors Lien -- Southern Star Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold -- -- --
09/01/2024 09/01/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $1,500,000 0.0% --
06/25/2024 06/25/24 For Sale $1,500,000 +20.0% --
12/26/2023 12/26/23 Off Market -- -- --
08/31/2023 08/31/23 For Sale $1,250,000 -- --
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
2024 $22,297 $831,343 $831,343 --
2023 $22,282 $831,343 $831,343 $0
2022 $21,834 $778,439 $778,439 $0
2021 $22,235 $778,439 $778,439 $0
2020 $29,981 $1,036,423 $1,036,423 $0
2019 $30,372 $1,036,423 $1,036,423 $0
2018 $30,549 $1,036,423 $1,036,423 $0
2017 $26,919 $905,612 $905,612 $0
2016 $14,357 $482,993 $482,993 $0
2015 $15,483 $482,993 $482,993 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 413023

Greater McAllen Association of REALTORS®

APN: K2400-00-000-0093-16