1401 Iturbide St, Laredo, TX 78040 – Commercial Improved Land

CommercialYear Built 2006Total Assessed Value $87,178County Webb

Property Details

The Commercial property 1401 Iturbide St, Laredo, TX 78040 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $87,178.

The gross building area is 2,443 square feet and the land area is 6,173 square feet for this Commercial Improved Land built in 2006.

Legal description: Lot 1 Blk 5 Wd

$87,178

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area2,443

Land Size6,173

Land Value$77,163

Improved Value$10,015

Total Assessed Value$87,178

Year Built2006

County NameWebb

Account Number159660

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space17

HeatingNone

Type ConstructionOther

Garage TypeParking lot

Sales History

3/31/2010

Arms-length$250,000

Buyer

Sharma Ravi

Seller

Salinas Raul A

Book Number

1065782

Recording Date

3/31/2010

Transaction Details

Sharma Ravi acquired the property from Salinas Raul A through a Arms-length transaction on 3/31/2010 for $250,000.

9/2/2004

OtherNot Disclosed

Buyer

Jegar Properties Ltd

Seller

Sanchez Gloria B

Book Number

Recording Date

9/2/2004

Transaction Details

Jegar Properties Ltd acquired the property from Sanchez Gloria B through a Other transaction on 9/2/2004 for .

Property constructed in 2006

YSale Price (USD) byXSales Year

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Mortgage History

3/19/2010

New construction residential transactions$185,000

Borrower

Sharma Ravi

Lender

Compass Bank

Book Number

1065783

Recording Date

3/19/2010

Transaction Details

Sharma Ravi borrowed the property from Compass Bank through a New construction residential transactions transaction on 3/19/2010 for $185,000.

Property constructed in 2006

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$77,163	$10,015	$87,178	$87,178	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	CD DOWNTOW	S1010	6,173	2,443
2025	$77,163	$6,837	$84,000	$84,000	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	Cd Downtow	S1010	6,172	2,443
2024	$77,163	$6,837	$84,000	$84,000	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	Cd Downtow	S1010	6,172	2,443
2023	$77,163	$7,837	$85,000	$85,000	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	CD DOWNTOW	S1010	6,172	2,443
2022	$77,163	$8,597	$85,760	$85,760	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	CBD2	S1010	6,172	2,443
2021	$77,163	$8,597	$85,760	$85,760	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	CBD2	S1010	6,172	-
2020	$92,600	$11,090	$103,690	$103,690	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	CBD2	S1010	6,172	-
2019	$92,600	$11,090	$103,690	$103,690	Sharma Ravi	1216 Lyles Loop, Lar...	Lot 1 Blk 5 Wd	CBD2	S1010	6,172	-
2018	$92,600	$12,520	$105,120	$105,120	Sharma Ravi	1216 Lyles Loop, Lar...	LOT 1 BLK 5 WD	CBD2	S1010	6,172	-
2017	$92,600	$7,940	$100,540	$100,540	Sharma Ravi	1216 Lyles Loop, Lar...	LOT 1 BLK 5 WD	CBD2	S1010	6,172	-

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1401 Iturbide St, Laredo, TX 78040	—	-	6,173	2006	2,443	$ 87,178	$ 77,163	-
Texas Community Bank	2310 E Saunders St, Laredo, TX 78041	06/27/2025	$ 13,801,461	404,198	0	-	$ 2,829,372	$ 2,829,372	2310 Saunders Llc
Secretaryhousing & Urban Dev	1706 Fresnillo Dr, Laredo, TX 78046	05/30/2025	$ 24,720	4,948	2023	2,061	$ 313,471	$ 48,797
Texas Partners Bank	1301 Zaragoza St, Laredo, TX 78040	05/22/2025	$ 304,000	12,345	1971	10,444	$ 501,340	$ 231,488	1419 Farragut Llc
Commerce Bank	2001 Vicente St, Laredo, TX 78046	04/16/2025	$ 150,000	4,822	2015	1,600	$ 49,019	$ 44,416	Alc Construction Co Inc
Simmons Bank	4301 San Bernardo Ave, Laredo, TX 78041	04/07/2025	$ 55,000	21,976	0	-	$ 554,505	$ 554,505	Daeiou Inc
Falcon International Bank	1113 San Bernardo Ave, Laredo, TX 78040	03/26/2025	$ 220,000	9,165	2013	-	$ 134,321	$ 125,991	Home Cabinets Inc
Vantage Bank Texas	1018 Meadow Ave, Laredo, TX 78040	02/20/2025	$ 1,000,000	4,121	0	-	$ 32,168	$ 37,960	Nitu Properties Llc
Simmons Bank	4301 San Bernardo Ave, Laredo, TX 78041	02/04/2025	$ 850,000	21,976	0	-	$ 554,505	$ 554,505	Daeiou Inc
Texas Community Bank	2702 Vidaurri, Laredo, TX 78040	01/22/2025	$ 420,000	83,335	0	-	$ 358,471	$ 207,504	Wayles Corporate Inc
Texas Community Bank	2320 Guadalupe St, Laredo, TX 78043	12/20/2024	$ 1,350,000	15,416	0	-	$ 156,139	$ 146,914

Mean$ 14,810,996

Median$ 613,759.0

Loan Amount Range$ 24,720 - $ 195,525,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32040973797

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

7/28/2010

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	VINWIN INTERNATIONAL LLC
	Address Line	1215 zaragoza st
	City / State / Zip	laredo TX 78040
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48479
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78040
Registration Details	SOS Code

License Timeline

License Issued

7/28/2010

Currently Active

Status: -

Renewal Required

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