NOT LISTED FOR SALE

518 Ebony Alamo, TX 78516

Estimated Value: $559,000 - $611,000

0.25 Acre
$2,316,832 Price per Acre
10,999 Sq Ft Lot

Last Sold October 25, 2022

Current estimated payment $4,000/month

13 Days on Market

About This Lot

As of October 2022

Location! Location! Location! Excellent location & great opportunity for commercial development in this high traffic area. This quarter acre lot is the ideal commercial site that is located off the expressway close to major intersectons and businesses. Property is ready for you to build that business you've been dreaming about.

Last Agent to Sell the Property

Priscilla Coronado

Re/Max Hacienda Listed on: 07/07/2022

Re/Max Hacienda

Last Buyer's Agent

Edgar Carranza

Kingsforth Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,047

Lot Details

  • 0.25 Acre Lot

Schools

  • Farias Elementary School
  • Alamo Middle School
  • Psja Memorial High School

Community Details

  • No Home Owners Association
  • T C Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number D780000008002000

Property Details

Property Type

Land

Est. Annual Taxes

$1,047

Lot Details

0

Listing Details

  • Directions: From Exp 83, exit on Tower Road and turn Right (South) on 6th street. Turn Left (East) on Ebony. Lot is on the Left side.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.2525
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: T C Downs
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected
  • Electricity On Property: Yes
  • Water Source: Public, City
  • Water Comments: none

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Farias
  • High School: PSJA Memorial H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Alamo

Lot Info

  • Zoning: C
  • Current Use: Commercial
  • Lot Size Sq Ft: 10998.9
  • Parcel #: D780000008002000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Genesis C Investments Llc
Bought by
Ortiz Eduardo
Current Estimated Value
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$594,376
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
-$9,376

Purchase Details

Listed on
Jul 7, 2022
Closed on
Oct 25, 2022
Sold by
Salinas Juan
Bought by
Genesis C Investments Llc
Seller's Agent
Priscilla Coronado
Re/Max Hacienda
Buyer's Agent
Edgar Carranza
Kingsforth Realty
List Price
$120,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.81%
Original Mortgage
$440,400
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 2008
Sold by
Castillo Francisco and Pharr San Juan Alamo Independe
Bought by
Salinas Juan
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 Buyer Sale Price Title Company
Ortiz Eduardo -- Corporation Service
Genesis C Investments Llc -- Corporation Service
Salinas Juan $22,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Eduardo $608,000
Previous Owner Genesis C Investments Llc $440,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold -- -- --
07/21/2022 07/21/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $120,000 -- --
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 $10,987 $870,041 -- --
2024 $10,987 $622,327 $70,400 $551,927
2023 $1,536 $61,600 $61,600 $0
2022 $1,028 $38,500 $38,500 $0
2021 $1,047 $38,500 $38,500 $0
2020 $910 $33,000 $33,000 $0
2019 $787 $27,500 $27,500 $0
2018 $785 $27,500 $27,500 $0
2017 $797 $27,500 $27,500 $0
2016 $638 $22,000 $22,000 $0
2015 $633 $22,000 $22,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Priscilla Coronado

    Seller's Agent in 2022

    Priscilla Coronado

    RE/MAX

    (956) 212-5324

    8 in this area

    74 Total Sales

    Priscilla Coronado
    Section Image
  • Edgar Carranza

    Buyer's Agent in 2022

    Edgar Carranza

    Kingsforth Realty

    (956) 800-3232

    2 in this area

    28 Total Sales

    Edgar Carranza
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 385260

Greater McAllen Association of REALTORS®

APN: D7800-00-008-0020-00

Texas Hidalgo County Alamo 78516

518 Ebony, Alamo, TX

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