511 S Creek Dr, Laredo, TX 78043 – Commercial Improved Land

CommercialYear Built 1999Total Assessed Value $569,218County Webb

Property Details

The Commercial property 511 S Creek Dr, Laredo, TX 78043 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $569,218.

The gross building area is 5,880 square feet and the land area is 62,415 square feet for this Commercial Improved Land built in 1999.

Legal description: Ramirez Business Park Subd I Blk 1 Lot 2-B

$737,393

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 Area5,880

Land Size62,415

Land Value$734,625

Improved Value$2,768

Total Assessed Value$569,218

Year Built1999

County NameWebb

Account Number320438

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

12/28/2017

Arms-length$418,800

Buyer

Del Rey Enterprises

Seller

Salinas Zapata Properties Ltd

Book Number

2018.1317024

Recording Date

12/28/2017

Transaction Details

Del Rey Enterprises acquired the property from Salinas Zapata Properties Ltd through a Arms-length transaction on 12/28/2017 for $418,800.

Property constructed in 1999

YSale Price (USD) byXSales Year

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Mortgage History

12/28/2017

Helocs both purchase money and non purchase money helocs$335,000

Borrower

Del Rey Enterprises

Lender

Sage Capital Bank Na

Book Number

1317025

Recording Date

12/28/2017

Transaction Details

Del Rey Enterprises borrowed the property from Sage Capital Bank Na through a Helocs both purchase money and non purchase money helocs transaction on 12/28/2017 for $335,000.

Property constructed in 1999

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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	$734,625	$2,768	$569,218	$737,393	Del Rey Enterprises ...	1202 Hallmark Dr St...	Ramirez Business Par...	CD 359JZ	S9302	62,415	5,880
2025	$734,625	$2,838	$474,348	$737,463	Del Rey Enterprises ...	1202 Hallmark Dr Ste...	Ramirez Business Par...	Cd 359Jz	S9302	62,417	5,880
2024	$734,625	$2,907	$395,290	$737,532	Del Rey Enterprises ...	1202 Hallmark Dr Ste...	Ramirez Business Par...	Cd 359Jz	S9302	62,413	5,880
2023	$326,431	$2,977	$329,408	$329,408	Del Rey Enterprises ...	1202 Hallmark Dr St...	Ramirez Business Par...	CD 359JZ	S9302	62,413	5,880
2022	$326,431	$2,800	$329,231	$329,231	Del Rey Enterprises ...	1202 Hallmark Dr, St...	Ramirez Business Par...	CD98	S9302	62,413	5,880
2021	$326,431	$2,291	$328,722	$328,722	Del Rey Enterprises ...	1202 Hallmark Dr, St...	Ramirez Business Par...	CD98	S9302	33,763	5,880
2020	$326,430	$237,870	$564,300	$564,300	Del Rey Enterprises ...	1202 Hallmark Dr, St...	Ramirez Business Par...	CD98	S9302	62,413	5,880
2019	$326,430	$237,970	$564,400	$564,400	Del Rey Enterprises ...	1202 Hallmark Dr, St...	Ramirez Business Par...	CD98	S9302	62,413	5,880
2018	$240,910	$134,280	$375,190	$375,190	Del Rey Enterprises ...	1202 Hallmark Dr, St...	RAMIREZ BUSINESS PAR...	CD98	S9302	62,413	7,556
2017	$240,910	$134,280	$375,190	$375,190	Salinas-zapata Prope...	5904 West Dr, Ste 12...	RAMIREZ BUSINESS PAR...	CD98	S9302	62,413	5,880

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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 ↕
—	511 S Creek Dr, Laredo, TX 78043	—	-	62,415	1999	5,880	$ 569,218	$ 734,625	-
Falcon International Bank	3515 Jaime Zapata Memorial Hwy, Laredo, TX 78043	08/28/2025	$ 1,173,750	24,084	1995	1,804	$ 527,376	$ 331,155	786 Izza Properties Llc
Tamir Enterprises Ltd	3519 Jaime Zapata Memorial Hwy, Laredo, TX 78046	07/24/2025	$ 5,000,000	43,965	1996	3,040	$ 1,074,459	$ 594,407	Pd Real Estate Ii Llc
Texas Community Bank	2310 E Saunders St, Laredo, TX 78041	06/27/2025	$ 13,801,461	13,983	0	-	$ 166,255	$ 166,255	2310 Saunders Llc
Texas Community Bank	2310 E Saunders St, Laredo, TX 78041	06/27/2025	$ 13,801,461	213,444	0	-	$ 1,987,164	$ 1,987,164	2310 Saunders Llc
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
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
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
Vantage Bank Texas	402 Boomtown Rd, Laredo, TX 78043	01/31/2025	$ 450,000	174,240	1975	13,296	$ 1,140,000	$ 1,007,107	Azar Services Llc
Vantage Bank Texas	402 Boomtown Rd, Laredo, TX 78043	01/31/2025	$ 450,000	0	1975	13,296	$ 335,000	-

Mean$ 2,838,828

Median$ 1,261,875.0

Loan Amount Range$ 150,000 - $ 13,801,461

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