NOT LISTED FOR SALE

701 E 16th St Weslaco, TX 78596

Estimated Value: $194,000

1 Acre
$194,000 Price per Acre
43,560 Sq Ft Lot

Last Sold October 01, 2020

Current estimated payment $1,216/month

93 Days on Market

About This Lot

As of October 2020

1 Acre Commercial Multi-Family Vacant Lot For Sell with Owner Financing Available! Suitable for 4-Plex, Duplex Apartments or possible for small mobile home park. Mature trees, location near other Multi-Family Properties, South of Weslaco!

Last Agent to Sell the Property

Ramiro Vela

Ramiro Vela - Office Listed on: 05/09/2020

Last Buyer's Agent

Ramiro Vela

Ramiro Vela - Office Listed on: 05/09/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,001

Lot Details

  • 1 Acre Lot
  • Property is zoned R2

Schools

  • Margo Elementary School
  • Cuellar Middle School
  • Weslaco East High School

Community Details

  • No Home Owners Association
  • West Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number W380000686000040

Property Details

Property Type

Land

Est. Annual Taxes

$2,001

Lot Details

0

Listing Details

  • Directions: From Expressway, Exit Texas Blvd Proceed East to Bridge Avenue, Then Right onto Bridge, Go South to 16th Street. Turn right, property will be to your right.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 1
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: West Tract
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Johnny Juan Cisneros
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Residential

Exterior Features

  • Fencing: None
  • Home Warranty: No

Utilities

  • Utilities: None
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: City Water

Condo/Co-op/Association

  • Community Features: Curbs, None, Street Lights
  • Association: No

Schools

  • Elementary School: Margo
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Cuellar

Lot Info

  • Zoning: R2
  • Current Use: Commercial, Multi-Family, Unimproved
  • Lot Size Sq Ft: 43560
  • Parcel #: W380000686000040
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 1997
Sold by
Gonzales Aaron and Gonzalez Aaron
Bought by
Salinas Roberto and Tri Star Construction
Current Estimated Value
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$6,210
Interest Rate
7.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Salinas Roberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Roberto $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold -- -- --
08/10/2020 08/10/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $99,900 +33.2% --
06/14/2019 06/14/19 Sold -- -- -- View Prior Sale
05/27/2019 05/27/19 Pending -- -- --
08/21/2018 08/21/18 For Sale $75,000 -- --
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
2021 $1,961 $75,000 $75,000 $0
2020 $1,961 $75,000 $75,000 $0
2019 $2,001 $75,000 $75,000 $0
2018 $2,047 $75,000 $75,000 $0
2017 $2,979 $108,900 $108,900 $0
2016 $2,968 $108,900 $108,900 $0
2015 $2,980 $108,900 $108,900 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ramiro Vela

    Ramiro Vela - Office

    (956) 373-5835

    2 Total Sales

    Ramiro Vela
    Section Image

  • T

    Seller's Agent in 2019

    Tommy Longoria

    A+ Vision Realty, Llc

    (956) 533-0727

    2 Total Sales

    Tommy Longoria
    Section Image
  • Johnny Cisneros

    Buyer's Agent in 2019

    Johnny Cisneros

    Cadence Commercial Real Estate

    (956) 688-5646

    1 in this area

    10 Total Sales

    Johnny Cisneros
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 333411

Greater McAllen Association of REALTORS®

APN: W3800-00-686-0000-40

Texas Hidalgo County Weslaco 78596

701 E 16th St, Weslaco, TX

Not Listed for Sale

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