NOT LISTED FOR SALE

502 E Fannin St Elsa, TX 78516

Alamo Area

Estimated Value: $175,000

4.04 Acres
$43,306 Price per Acre
176,026 Sq Ft Lot

Sale Details

Date Sold: March 3, 2026

510 Days on Market

About This Lot

As of March 2026

Prime Development Opportunity Near Parks, Shopping, and Schools! Looking for the perfect location for your next project? This property offers an excellent opportunity to develop apartments or duplexes or commercial project in a highly sought-after area. Situated close to parks, shopping centers, and top-rated schools, it’s an ideal location for future residents or commercial spaces. The seller has already completed most of the necessary groundwork, including project elevations, surveys, and preliminary construction sketches. This development is ready to move forward! Contact your agent today for the full construction package and take the next step towards making this development a reality.

Last Agent to Sell the Property

Vicki Lynn Chrysler

Select Properties Listed on: 09/04/2024

Last Buyer's Agent

Victoria Ortega-Mata

Santa Esperanza Realty

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,238

Lot Details

  • 4.04 Acre Lot
  • Property is zoned RS

Schools

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

Community Details

  • No Home Owners Association
  • A.C. Carlson's Subdivision

Listing and Financial Details

  • Assessor Parcel Number C180000036000600, E540000039001300,C10000

Property Details

Property Type

Land

Est. Annual Taxes

$15,238

Lot Details

4.04 Acres

Listing Details

  • Directions: 107 to Fannin st. property is on the corner of Fannin St and 4th street. property does continue around on Carlson Street.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 4.041
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: A.C. Carlson's
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Residential, Subdevelopment

Exterior Features

  • Fencing: None
  • Home Warranty: No

Utilities

  • Utilities: None, Water Available
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City
  • Water Comments: City of Elsa

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

  • Zoning: RS
  • Current Use: Commercial, Multi-Family, Single Family, Unimproved
  • Lot Size Sq Ft: 176025.0888
  • Parcel #: C180000036000600, E540000039001300,C10000

Rental Info

  • Leased Rent Share: 00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15238

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 Sold -- -- --
01/28/2026 01/28/26 Pending -- -- --
10/28/2025 10/28/25 Price Changed $175,000 -22.2% --
08/28/2025 08/28/25 Price Changed $225,000 -22.1% --
07/27/2025 07/27/25 Price Changed $289,000 -3.3% --
05/22/2025 05/22/25 Price Changed $299,000 -14.3% --
02/04/2025 02/04/25 Price Changed $349,000 -11.9% --
09/21/2024 09/21/24 Price Changed $396,000 -1.0% --
09/04/2024 09/04/24 For Sale $400,000 -- --
Source: Greater McAllen Association of REALTORS®

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 448644

Greater McAllen Association of REALTORS®
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