NOT LISTED FOR SALE

816 E Nolana Ave Pharr, TX 78577

Estimated Value: $744,000

1.78 Acres
$418,283 Price per Acre
77,480 Sq Ft Lot

Last Sold August 19, 2024

Current estimated payment $4,580/month

657 Days on Market

About This Lot

As of August 2024

A 1.77-acre commercial-business vacant lot located in a highly trafficked area just blocks east of the I-69C (US 281) adjacent to Nolana Business Plaza. The lot has +/-260 feet of frontage on Nolana with all utilities on site or nearby. Has NAWSC water line in front and sewage line runs on Raiders Avenue to the west. Nolana Loop is a main traffic artery between the West McAllen and the Pharr-San Juan areas. Future highway development is planned to run Nolana Loop to FM 88 in Weslaco, as per City of Pharr Information. Zoning is commercial/business with a lot of potential for commercial development, i.e. restaurant , general bus. stores, retail, etc.. Property has easy access to I-69C (US 281) north to the Houston/San Antonio/Corpus Christi areas; South to Mexico and west to McAllen/Laredo areas via I-2 (Exp. 83) and also east to Brownsville/South Padre Island/Mexico via I-2 (Exp. 83).

Last Agent to Sell the Property

Roy Rivera

Plaza Realty Listed on: 09/12/2022

Last Buyer's Agent

Roy Rivera

Plaza Realty Listed on: 09/12/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,521

Lot Details

  • 1.78 Acre Lot

Schools

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

Community Details

  • No Home Owners Association
  • Nolana Commercial Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number N254500000000100

Property Details

Property Type

Land

Est. Annual Taxes

$8,521

Lot Details

1.78 Acres

Listing Details

  • Directions: Exit Nolana Loop ramp on I-69C (US 281) in Pharr and drive to intersection light. Turn east and drive 0.5 miles and look for real estate sign on south side of Nolana and Raiders Avenue.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 1.7787
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Nolana Commercial Place
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Lot Features: Curb & Gutters
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Phone Connected, Sewer Available
  • Electricity On Property: Yes
  • Water Source: Public, North Alamo WSC
  • Water Comments: NAWSC

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights
  • Association: No

Schools

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

Lot Info

  • Zoning: C
  • Current Use: Commercial
  • Lot Size Sq Ft: 77480.172
  • Parcel #: N254500000000100
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8521
  • Agriculture Tax Value: 298306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Aug 14, 2024
Sold by
Belgar Investments Llc
Bought by
Orduno Eduardo and Orduno Yudit
Seller's Agent
Roy Rivera
Plaza Realty
Buyer's Agent
Roy Rivera
Plaza Realty
List Price
$850,000
Views
56
Current Estimated Value
$744,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.55%

Purchase Details

Closed on
Feb 21, 2017
Sold by
Garcia Belia
Bought by
Belgar Investments Llc

Purchase Details

Closed on
May 6, 2009
Sold by
Robosca Enterprises Lp
Bought by
Garcia Belia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage
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
Orduno Eduardo -- Edwards Abstract
Belgar Investments Llc -- None Available
Garcia Belia -- Vltc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Belia $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold -- -- --
07/01/2024 07/01/24 Pending -- -- --
04/28/2023 04/28/23 Price Changed $775,000 -8.8% --
09/12/2022 09/12/22 For Sale $850,000 -- --
Source: Greater McAllen Association of REALTORS®

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 $8,001 $774,820 $774,820 --
2024 $8,001 $298,306 $298,306 --
2023 $7,995 $298,306 $298,306 $0
2022 $8,367 $298,306 $298,306 $0
2021 $8,521 $298,306 $298,306 $0
2020 $8,629 $298,306 $298,306 $0
2019 $8,742 $298,306 $298,306 $0
2018 $8,793 $298,306 $298,306 $0
2017 $8,867 $298,306 $298,306 $0
2016 $8,982 $302,180 $302,180 $0
2015 $8,942 $302,180 $302,180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 389623

Greater McAllen Association of REALTORS®

APN: N2545-00-000-0001-00

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