$2,200,000
SOLD MAY 8, 2025
Last list price

5121 W Business 83 Hwy McAllen, TX 78501

6.13 Acres
$358,715 Price per Acre
267,154 Sq Ft Lot

Recently Sold

787 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • No HOA
  • Romulo D. Martinez Elementary School Rated A-

About This Lot

As of May 2025

Over 6 acres on this large tract of land on the Southeast corner of Taylor Road and Business 83. Perfect for a commercial center with high visibility and traffic counts. Quick and easy access to expressway and great location to McAllen or Mission. Lots of options for growth and development. Prime area for expansion! Lots of trees with superb commercial frontage on Business 83 and Taylor Road. Near all commercial development just minutes away from Shary Road going West and Ware Road to the East. Excellent opportunity if you have been eyeing this historic corner. Many options in this area and it is demographically in an excellent location with plenty of rooftops and consistent growth. Currently 2 dwellings are located on the property and selling "as is". Take a look at the frontage along Business 83 and Taylor. Prime corner! Check out this opportunity today. The possibilities are endless for bringing business. Bring your ideas and creative endeavors to carve out a space here!

Last Agent to Sell the Property

Dendea Balli

Keller Williams Realty Rgv Listed on: 03/03/2023

Keller Williams Realty Rgv

Last Buyer's Agent

Cris Gonzalez

Keller Williams Realty RGV

Keller Williams Realty RGV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,308

Lot Details

  • 6.13 Acre Lot
  • Property fronts a highway
  • Corner Lot
  • Irregular Lot
  • Mature Trees
  • Property is zoned RS

Schools

  • Shary Elementary School
  • B.L. Gray Junior High
  • Sharyland High School

Utilities

  • 220 Volts
  • 110 Volts
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Manlorson's Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number M064000001000100

Property Details

Property Type

Land

Est. Annual Taxes

$23,308

Lot Details

0

Listing Details

  • Directions: Southeast corner of Taylor Road and Business 83
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 6.133
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Manlorson's Estates
  • GMAR_Escrow: 125000
  • Non-Allowables: No
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Residential

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Irregular Lot, Mature Trees
  • Home Warranty: No
  • Property Condition: House As Is

Utilities

  • Utilities: Cable Connected, City Garbage, Electricity Connected, Sewer Connected, Phone Connected
  • Electric: 110VAC, 220 Volts
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: N/A

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Shary
  • High School: Sharyland H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: B.L. Gray Junior High

Lot Info

  • Zoning: RS
  • Current Use: Commercial, Improved, Multi-Family, Single Family
  • Lot Size Sq Ft: 267153.0444
  • Parcel #: M064000001000100
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 23308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 7, 2025
Sold by
Michelena Rick and Michelena Ronaldo Marcelino
Bought by
Water-Lilly Heights Llc
Seller's Agent
Dendea Balli
Keller Williams Realty Rgv
Buyer's Agent
Cris Gonzalez
Keller Williams Realty RGV
List Price
$2,200,000
Views
410
Current Estimated Value
$762,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-93.62%
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
Warranty Deed -- True Title Partners
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold -- -- --
04/29/2025 04/29/25 Pending -- -- --
07/10/2023 07/10/23 For Sale $2,200,000 0.0% --
07/09/2023 07/09/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $2,200,000 -- --
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 $16,066 $696,723 $451,757 $244,966
2023 $20,577 $891,145 $451,757 $439,388
2022 $23,429 $934,569 $538,454 $396,115
2021 $22,342 $866,963 $538,454 $328,509
2020 $22,337 $828,232 $538,454 $303,095
2019 $20,821 $755,205 $538,454 $281,741
2018 $18,665 $676,000 $541,320 $273,247
2017 $17,242 $622,204 $541,320 $275,639
2016 $15,887 $573,299 $541,320 $278,033
2015 $14,701 $519,223 $311,018 $208,205
Source: Public Records

Agents Affiliated with this Home

  • Dendea Balli

    Seller's Agent in 2025

    Dendea Balli

    Keller Williams Realty Rgv

    (956) 342-3700

    333 Total Sales

    Dendea Balli
    Section Image

  • C

    Buyer's Agent in 2025

    Cris Gonzalez

    Keller Williams Realty RGV

    (956) 789-3261

    21 Total Sales

    Cris Gonzalez
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 399416

Greater McAllen Association of REALTORS®

APN: M0640-00-001-0001-00

Texas Hidalgo County McAllen 78501

5121 W Business 83 Hwy, McAllen, TX

This home is located at 5121 W Business 83 Hwy, McAllen, TX 78501 and is currently estimated at $2,200,000. 5121 W Business 83 Hwy is a home located in Hidalgo County with nearby schools including Romulo D. Martinez Elementary School, B.L. Gray Junior High School, and Sharyland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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