820 Farragut St, Laredo, TX 78040 – Commercial Improved Land

CommercialYear Built 1983Total Assessed Value $262,284County Webb

Property Details

The Commercial property 820 Farragut 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 $262,284.

The gross building area is 2,157 square feet and the land area is 12,346 square feet for this Commercial Improved Land built in 1983.

Legal description: Lots 1-2 Blk 72 Wd

$262,284

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area2,157

Land Size12,346

Land Value$246,920

Improved Value$15,364

Total Assessed Value$262,284

Year Built1983

County NameWebb

Account Number160113

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

7/15/2016

Arms-lengthNot Disclosed

Buyer

Falcon International Bank

Seller

Gateway Community Health Center Inc

Book Number

1270311

Recording Date

7/15/2016

Transaction Details

Falcon International Bank acquired the property from Gateway Community Health Center Inc through a Arms-length transaction on 7/15/2016 for .

7/13/2016

Arms-lengthNot Disclosed

Buyer

Fernando A Salilnas Trust

Seller

Fernando A Salinas Llc

Book Number

1270309

Recording Date

7/13/2016

Transaction Details

Fernando A Salilnas Trust acquired the property from Fernando A Salinas Llc through a Arms-length transaction on 7/13/2016 for .

7/13/2016

Arms-lengthNot Disclosed

Buyer

Gateway Community Health Center Inc

Seller

Santos Javir B

Book Number

1270310

Recording Date

7/13/2016

Transaction Details

Gateway Community Health Center Inc acquired the property from Santos Javir B through a Arms-length transaction on 7/13/2016 for .

Property constructed in 1983

YSale Price (USD) byXSales Year

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Mortgage History

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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	$246,920	$15,364	$262,284	$262,284	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	CD DOWNTOW	S1020	12,346	2,157
2025	$246,920	$15,630	$262,550	$262,550	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	Cd Downtow	S1020	12,345	2,157
2024	$246,920	$18,955	$265,875	$265,875	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	Cd Downtow	S1020	12,345	2,157
2023	$246,920	$19,470	$266,390	$266,390	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	CD DOWNTOW	S1020	12,345	2,157
2022	$246,920	$19,470	$266,390	$266,390	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	CBD2	S1020	12,345	-
2021	$222,230	-	$222,230	$222,230	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	CBD2	S1020	6,172	-
2020	$222,230	-	$222,230	$222,230	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	CBD2	S1020	12,345	-
2019	$222,230	-	$222,230	$222,230	Falcon International...	7718 Mcpherson Rd, L...	Lots 1-2 Blk 72 Wd	CBD2	S1020	12,345	-
2018	$240,750	$59,470	$300,220	$300,220	Falcon International...	7718 Mcpherson Rd, L...	LOTS 1-2 BLK 72 WD	CBD2	S1020	12,345	2,157
2017	$222,208	$85,700	$307,908	$307,908	Falcon International...	7718 Mcpherson Rd, L...	LOTS 1-2 BLK 72 WD	CBD2	S1020	12,345	2,625

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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 ↕
—	820 Farragut St, Laredo, TX 78040	—	-	12,346	1983	2,157	$ 262,284	$ 246,920	-
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
Texas Community Bank	819 Iturbide St, Laredo, TX 78040	06/17/2025	$ 316,000	7,501	1985	7,102	$ 335,925	$ 150,000
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
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$ 1,211,793

Median$ 348,000.0

Loan Amount Range$ 55,000 - $ 13,801,461

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