NOT LISTED FOR SALE

510 S Nebraska Ave Weslaco, TX 78596

Estimated Value: $179,000

0.16 Acre
$1,113,877 Price per Acre
7,000 Sq Ft Lot

Last Sold September 29, 2022

Current estimated payment $1,028/month

14 Days on Market

About This Lot

As of September 2022

Located in the heart of Weslaco, Walking distance to shopping, schools and restaurants. Zoned for Business. Probably best use for a duplex. Check with City Planning for any restrictions.

Last Agent to Sell the Property

Jose Garcia

Medina Real Estate - Weslaco Listed on: 09/08/2022

Last Buyer's Agent

Stanley Tran

Medina Real Estate - Weslaco

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $646

Lot Details

  • 7,000 Sq Ft Lot

Schools

  • Memorial Elementary School
  • Central Middle School
  • Weslaco East High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Weslaco Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number W230000039000500

Property Details

Property Type

Land

Est. Annual Taxes

$646

Lot Details

0

Listing Details

  • Directions: Exit Texas Blvd. and go south , pass business 83, right on 5th., left on Nebraska. Lot directly across from Compass Bank.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.1607
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Weslaco Original Townsite
  • Non-Allowables: No
  • Special Features: RealEstateOwned

Interior Features

  • Possible Use: Commercial, Residential

Exterior Features

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

Utilities

  • Utilities: Cable Connected, City Garbage, Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected, Phone Connected
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: Public

Condo/Co-op/Association

  • Community Features: Curbs, Other
  • Association: No

Schools

  • Elementary School: Memorial
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Central

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 7000.092
  • Parcel #: W230000039000500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Tran Stanley
Bought by
Tran Phuc Viet
Current Estimated Value
$179,000

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 28, 2022
Sold by
Garcia Jose Luis and Garcia Nora C
Bought by
Tran Phuc and Tran Stanley
Seller's Agent
Jose Garcia
Medina Real Estate - Weslaco
Buyer's Agent
Stanley Tran
Medina Real Estate - Weslaco
List Price
$45,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.48%

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 6, 2022
Sold by
Riplow Laura Z
Bought by
Garza Ovidio and Villafranca Nelly Argentina
Seller's Agent
Jose Garcia
Medina Real Estate - Weslaco
Buyer's Agent
Stanley Tran
Medina Real Estate - Weslaco
List Price
$45,000
Views
1

Purchase Details

Listed on
Jun 13, 2017
Closed on
Apr 1, 2018
Sold by
Garmed Investments
Bought by
Garza Ovidio and Villafranca Velly Argentina
Seller's Agent
Jose Garcia
Medina Real Estate - Weslaco
List Price
$38,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$37,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 19, 2015
Closed on
Dec 23, 2015
Sold by
Bach William Richard and Estate Of Royce Bach
Bought by
Garmed Investments
Seller's Agent
Flo Lasater
Davis Real Estate Rgv, Llc
List Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.12%
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tran Phuc Viet -- Title Services Corporation
Tran Phuc -- Valley Land Title
Garza Ovidio $37,000 --
Garza Ovidio -- None Available
Garmed Investments -- Edwards Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garza Ovidio $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold -- -- --
09/23/2022 09/23/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $45,000 +16.9% --
04/02/2018 04/02/18 Sold -- -- -- View Prior Sale
03/03/2018 03/03/18 Pending -- -- --
06/13/2017 06/13/17 For Sale $38,500 +30.5% --
03/07/2016 03/07/16 Sold -- -- -- View Prior Sale
02/15/2016 02/15/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $29,500 +47.5% --
12/23/2015 12/23/15 Sold -- -- -- View Prior Sale
11/23/2015 11/23/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $20,000 -- --
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 $1,064 $338,657 $54,250 $284,407
2024 $1,064 $42,000 $42,000 --
2023 $1,062 $42,000 $42,000 $0
2022 $636 $24,850 $24,850 $0
2021 $646 $24,850 $24,850 $0
2020 $663 $24,850 $24,850 $0
2019 $640 $23,450 $23,450 $0
2018 $642 $23,450 $23,450 $0
2017 $639 $23,450 $23,450 $0
2016 $639 $23,450 $23,450 $0
2015 $642 $23,450 $23,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 389478

Greater McAllen Association of REALTORS®

APN: W2300-00-039-0005-00