$525,000
PENDING $25K PRICE DROP

703 W Ferguson Ave Pharr, TX 78577

Estimated payment $3,953/month

Total Views 4,578
2.17 Acres
$241,935 Price per Acre
94,525 Sq Ft Lot

About This Lot

Great opportunity! Once used as a restaurant, this lot has a great potential commercial income producing property.

Listing Agent

Norma Hinojosa

Re/Max Elite Listed on: 09/11/2022

Re/Max Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,719

Lot Details

  • 2.17 Acre Lot
  • Barbed Wire

Schools

  • Ramirez Elementary School
  • Liberty Middle School
  • Psja North High School

Community Details

  • No Home Owners Association
  • Kelly Pharr Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number K240000000015403

Property Details

Property Type

Land

Est. Annual Taxes

$14,719

Lot Details

0

Listing Details

  • Directions: From Sugar Rd, East on Ferguson Ave (Fm 495)
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 2.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Kelly Pharr Tract
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Barbed Wire
  • Home Warranty: No

Utilities

  • Utilities: Other, Water Connected
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City
  • Water Comments: PUBLIC WATER

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Liberty

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 94525.2
  • Parcel #: K240000000015403
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14719

Map

Range of Values:

--
Value Increase
--
Percent Increase
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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

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 $9,387 $662,674 $661,675 $999
2024 $9,387 $350,000 $349,473 $527
2023 $17,734 $661,675 $661,675 $0
2022 $14,132 $503,818 $503,818 $0
2021 $22,140 $775,105 $775,105 $0
2020 $14,765 $510,435 $510,435 $0
2019 $10,172 $347,095 $347,095 $0
2018 $10,231 $347,095 $347,095 $0
2017 $10,317 $347,095 $347,095 $0
2016 $10,317 $347,095 $347,095 $0
2015 $10,271 $347,095 $347,095 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2023 10/01/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $525,000 -4.5% --
09/11/2022 09/11/22 For Sale $550,000 -- --
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Valley Land Title
Vendors Lien -- Sierra Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- Edwards Abstract And Title C
Interfamily Deed Transfer -- Edwards Abstract And Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,000 Seller Take Back
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 389629

Greater McAllen Association of REALTORS®

APN: K2400-00-000-0154-03