$25,000
SOLD MAR 13, 2020
Last list price

7916 Vera Ln Mercedes, TX 78570

0.19 Acre
$132,066 Price per Acre
8,246 Sq Ft Lot

Recently Sold

112 Days on Market

About This Lot

As of March 2020

Build your dream home on this clean 8,248 SF vacant lot in the Southern Valley Estates Subdivision. County taxes with city water, sewer, and electric available. Flood Zone B. 760 SF, Brick, Stucco, or Hardy Plank construction on a concrete slab required.

Last Agent to Sell the Property

Adam Cantwell

Cantwell & Co. Real Estate Listed on: 11/15/2019

Last Buyer's Agent

Lillie Handy-Dominguez

Exp Realty Llc

Exp Realty Llc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $521

Lot Details

  • 8,246 Sq Ft Lot
  • Property is zoned RS

Schools

  • Hinojosa Elementary School
  • Mercedes Junior High
  • Mercedes High School

Community Details

  • No Home Owners Association
  • Southern Valley Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number S484500000004000

Property Details

Property Type

Land

Est. Annual Taxes

$521

Lot Details

0

Listing Details

  • Directions: From Expwy 83 or Old Hwy 83 go S on Mile 2 E (Kika de la Garza) to dead end, go L to 1st street on right – Vera Ln – Southern Valley Estates.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.1893
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Southern Valley Estates
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 500
  • GMAR_LicensedSupervisor: Douglas Cantwell
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: None
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Water Available, Sewer Available
  • Electricity On Property: Yes
  • Water Source: City
  • Water Comments: N/A

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Hinojosa
  • High School: Mercedes H.S.
  • Junior High Dist: Mercedes ISD
  • Middle Or Junior School: Mercedes Junior High

Lot Info

  • Zoning: RS
  • Current Use: Single Family
  • Lot Size Sq Ft: 8245.908
  • Parcel #: S484500000004000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 521
  • Agriculture Tax Value: 23507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Jun 6, 2018
Sold by
Frumes Gretchen
Bought by
Garza Daniel and Garza Lorena
List Price
$14,000
Current Estimated Value
$164,811

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 17, 2015
Sold by
Southern Fields Aloe Inc
Bought by
Frumes Gretchen
Seller's Agent
Lillie Handy-Dominguez
Exp Realty Llc
List Price
$14,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Capital Title
Warranty Deed -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold -- -- --
03/02/2020 03/02/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $25,000 +78.6% --
06/06/2018 06/06/18 Sold -- -- --
05/18/2018 05/18/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $14,000 0.0% --
06/17/2015 06/17/15 Sold -- -- --
06/07/2015 06/07/15 Pending -- -- --
03/25/2014 03/25/14 For Sale $14,000 -- --
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 -- $144,059 $70,929 $73,130
2024 -- $144,059 $70,929 $73,130
2023 $2,591 $128,140 $70,929 $57,211
2022 $819 $35,879 $35,879 $0
2021 $828 $35,879 $35,879 $0
2020 $795 $35,879 $35,879 $0
2019 $545 $23,507 $23,507 $0
2018 $326 $14,022 $14,022 $0
2017 $328 $14,022 $14,022 $0
2016 $328 $14,022 $14,022 $0
2015 $328 $14,022 $14,022 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 324760

Greater McAllen Association of REALTORS®

APN: S4845-00-000-0040-00