NOT LISTED FOR SALE

521 W Marjory Ave Harlingen, TX 78550

Estimated Value: $93,000 - $187,000

0.16 Acre
$981,238 Price per Acre
7,000 Sq Ft Lot

Last Sold February 13, 2024

Current estimated payment $960/month

100 Days on Market

About This Lot

As of February 2024

Great Investment Opportunity to build multi-family dwellings. 4 lots located in a prime location off of N. 77 Sunshine Strip and within minutes from Texas State Technical College, Valley International Airport, Harlingen School Of Health Professions, Grocery Stores, Libraries, Parks. Property is near other apartment complexes that have been developed in the neighboring area. The opportunities are endless, you can grow your rental portfolio with this great piece of Texas or build a custom home for personal use!

Last Agent to Sell the Property

Alejandro Nivon

Tnt Real Estate Listed on: 10/19/2023

Last Buyer's Agent

Non-Participating Agent

Non-Participant

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,040

Lot Details

  • 7,000 Sq Ft Lot
  • Corner Lot

Schools

  • Long Elementary School
  • Memorial Middle School
  • Harlingen High School

Community Details

  • No Home Owners Association
  • Harlingen Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1836800050007000

Property Details

Property Type

Land

Est. Annual Taxes

$1,040

Lot Details

0

Listing Details

  • Directions: From Highway 77, turn right onto Wilson Rd. then right onto N. Commerce St. left onto Markowsky Ave. left on N. 77 Sunshine Strip. Right on Mcfetridge. Right on W. Davis St. Left on Kelly St. Right on Marjory Ave. Lots will be on right hand side.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.1607
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Harlingen Heights
  • GMAR_Escrow: 800
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: City
  • Water Comments: other

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Long Elem
  • High School: Harlingen H.S.
  • Junior High Dist: Harlingen ISD
  • Middle Or Junior School: Memorial

Lot Info

  • Current Use: Multi-Family, Single Family, Unimproved
  • Lot Size Sq Ft: 7000.092
  • Parcel #: 1836800050007000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Zarate Home Designs Llc
Bought by
Perales Stacey
Current Estimated Value
$157,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,737
Outstanding Balance
$2,738
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$154,681
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
Perales Stacey -- True Title Lower Valley
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Perales Stacey $6,737
Open Perales Stacey $189,012
Previous Owner Zarate Home Designs Llc $472,073
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold -- -- --
01/27/2024 01/27/24 Pending -- -- --
11/08/2023 11/08/23 Price Changed $42,000 -12.5% --
10/19/2023 10/19/23 For Sale $48,000 -- --
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 $1,236 $163,455 $45,150 $118,305
2024 $1,236 $59,581 $48,300 $11,281
2023 $913 $43,131 $31,850 $11,281
2022 $525 $21,781 $10,500 $11,281
2021 $532 $21,781 $10,500 $11,281
2020 $544 $21,781 $10,500 $11,281
2019 $547 $21,781 $10,500 $11,281
2018 $540 $21,781 $10,500 $11,281
2017 $485 $21,781 $10,500 $11,281
2016 $387 $15,460 $10,500 $4,960
2015 $77 $15,460 $10,500 $4,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 415780

Greater McAllen Association of REALTORS®

APN: 183680-0050-007000