602 E Ash St Laredo, TX 78040
Las Cruces NeighborhoodEstimated payment $5,042/month
Highlights
- Brick Veneer
- Central Heating and Cooling System
- 4-minute walk to Dr. Martha E. Villarreal (Ochoa Sanchez) Park
- Tile Flooring
- Partially Fenced Property
About This Home
7.5% CAP RATE MULTIFAMILY POWERHOUSE! Maximize your portfolio at 602 Ash. This fully leased, turnkey 8-unit asset delivers immediate cash flow from day one. Strategically situated just blocks from Hwy 35, its prime location ensures high tenant demand, effortless commuting, and low vacancy. Perfect for investors seeking reliable passive income and long-term equity growth with optimized expenses. Multi-family gems with this blend of location and yield rarely last. Secure it today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 6,426 Sq Ft Lot
- Partially Fenced Property
- Chain Link Fence
Home Design
- Brick Veneer
- Wood Frame Construction
Flooring
- Tile Flooring
Parking
- On-Street Parking
- Parking Lot
Utilities
- Central Heating and Cooling System
- Underground Utilities
Community Details
- 8,520 Sq Ft Building
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,227 | $531,760 | $65,095 | $466,665 |
| 2024 | $2,227 | $438,665 | $65,095 | $373,570 |
| 2023 | $9,099 | $379,378 | $52,500 | $326,878 |
| 2022 | $6,844 | $260,000 | $45,882 | $214,118 |
| 2021 | $6,082 | $220,000 | $36,692 | $183,308 |
| 2020 | $5,600 | $202,070 | $36,690 | $165,380 |
| 2019 | $5,738 | $202,070 | $36,690 | $165,380 |
| 2018 | $5,576 | $202,070 | $36,690 | $165,380 |
| 2017 | $4,871 | $174,950 | $31,300 | $143,650 |
| 2016 | $5,569 | $200,000 | $31,300 | $168,700 |
| 2015 | $5,315 | $198,250 | $31,300 | $166,950 |
| 2014 | $5,315 | $192,580 | $31,300 | $161,280 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $899,000 | -- | $106 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Laredo Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $249,000 | New Conventional |
Source: Laredo Association of REALTORS®
MLS Number: 20263264
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.
© 2026 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. 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.
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