NOT LISTED FOR SALE

5607 Laguna Cir S Unit 4 South Padre Island, TX 78597

Estimated Value: $1,529,000 - $1,798,000

0.2 Acre
$8,164,207 Price per Acre
8,820 Sq Ft Lot

Last Sold August 10, 2017

Current estimated payment $10,572/month

879 Days on Market

Highlights

  • Waterfront
  • No HOA
  • 5-minute walk to Turtle Park

About This Lot

As of August 2017

Lowest priced Bayfront lot on the Island in the exclusive Fiesta Isles Subdivision. With 60' of Bay frontage this is the perfect place to build. Want to build a townhome? Seller may participate in the construction! Build one side for the buyer and one side for the seller!

Last Agent to Sell the Property

Troy Giles

Troy Giles Realty & Management Listed on: 02/01/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,918

Lot Details

  • 8,820 Sq Ft Lot
  • Waterfront

Schools

  • Port Isabel Elementary School
  • Port Isabel Junior High
  • Port Isabel High School

Community Details

  • No Home Owners Association
  • Fiesta Isles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6716001820004000

Property Details

Property Type

Land

Est. Annual Taxes

$9,918

Lot Details

0

Listing Details

  • Directions: Head North on Padre Blvd, once you have reached Morningside Street turn Left. At the end of Morningside you will reach Laguna Circle North. Lot in on the Left.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Road Frontage Type: On Waterfront
  • Lot Size Acres: 0.2025
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Fiesta Isles
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Giles
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Connected, Phone Connected
  • Electricity On Property: Yes
  • Sewer: Other
  • Water Source: Other
  • Water Comments: LM Water District

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Port Isabel
  • High School: Port Isabel H.S.
  • Junior High Dist: Port Isabel ISD
  • Middle Or Junior School: Port Isabel Junior High

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 8820
  • Parcel #: 6716001820004000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Mcnair Custom Homes Lp
Bought by
Mcnair John M and Mcnair Debora A
Current Estimated Value
$1,653,252

Purchase Details

Listed on
Feb 1, 2015
Closed on
Aug 9, 2017
Sold by
Munoz Edward H and Munoz Elizabeth S
Bought by
Mcnair Custom Homes Lp
Seller's Agent
Troy Giles
Troy Giles Realty & Management
List Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Munoz Elizabeth S
Bought by
Munoz Edward H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 2008
Sold by
Espinosa Santiago
Bought by
Martinez Orencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 2005
Sold by
The Wall Investment Co Ltd
Bought by
Munoz Edward H and Munoz Elizabeth S
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
Mcnair John M -- Ort
Mcnair Custom Homes Lp -- None Available
Munoz Edward H -- None Available
Martinez Orencio -- None Available
Munoz Edward H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Orencio $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold -- -- --
06/29/2017 06/29/17 Pending -- -- --
02/01/2015 02/01/15 For Sale $650,000 -- --
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 $22,607 $1,390,000 $543,868 $846,132
2024 $22,607 $1,384,576 $543,868 $840,708
2023 $23,737 $1,384,576 $543,868 $840,708
2022 $21,892 $1,155,310 $543,868 $611,442
2021 $22,168 $1,102,253 $490,811 $611,442
2020 $20,070 $991,159 $484,411 $506,748
2019 $10,003 $484,411 $484,411 $0
2018 $9,996 $484,411 $484,411 $0
2017 $9,918 $484,411 $484,411 $0
2016 $9,918 $484,411 $484,411 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 201766

Greater McAllen Association of REALTORS®

APN: 671600-1820-004000