318 E Bustamante St, Laredo, TX 78041 – Commercial Improved Land

CommercialYear Built 2002Total Assessed Value $119,661County Webb

Property Details

The Commercial property 318 E Bustamante St, Laredo, TX 78041 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $119,661.

The gross building area is 1,920 square feet and the land area is 12,853 square feet for this Commercial Improved Land built in 2002.

Legal description: Lots 8 & 9 Blk 470 Ed

$119,661

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 Area1,920

Land Size12,853

Land Value$119,661

Improved Value$0

Total Assessed Value$119,661

Year Built2002

County NameWebb

Account Number171293

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

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Mortgage History

3/15/2023

Arms length residential transactions purchase or resales$250,000

Borrower

Level Up Investing Llc

Lender

Falcon International Bank

Book Number

2023.1494189

Recording Date

3/15/2023

Transaction Details

Level Up Investing Llc borrowed the property from Falcon International Bank through a Arms length residential transactions purchase or resales transaction on 3/15/2023 for $250,000.

Property constructed in 2002

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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	$119,661	-	$119,661	$119,661	Leven Jesse	317 E Eistetter, Lar...	Lots 8 & 9 Blk 470 E...	CDQ2	S3330	12,853	1,920
2025	$54,000	-	$54,000	$54,000	Leven Jesse	317 E Eistetter, Lar...	Lot 8 Blk 470 Ed	Cdq2	S3330	6,429	1,920
2024	$54,000	-	$54,000	$54,000	Leven Jesse	317 E Eistetter, Lar...	Lot 8 Blk 470 Ed	Cdq2	S3330	6,429	1,920
2023	$52,541	-	$52,541	$52,541	Leven Jesse	317 E Eistetter, Lar...	Lot 8 Blk 470 Ed	CDQ2	S3330	6,429	1,920
2022	$45,917	-	$45,917	$45,917	Leven Jesse	317 E Eistetter, Lar...	Lot 8 Blk 470 Ed	CDQ2	S3330	6,429	1,920
2021	$36,721	-	$36,721	$36,721	Leven Jesse	317 E Eistetter, Lar...	Lot 8 Blk 470 Ed	CDQ2	S3330	6,429	1,920
2020	$36,720	$2,000	$38,720	$38,720	Leven Jesse	317 E Eistetter, Lar...	Lot 8 Blk 470 Ed	CDQ2	S3330	6,429	1,920
2019	$36,720	$2,150	$38,870	$38,870	Paredes Roberto & Gu...	808 Plymouth Ln, Lar...	Lot 8 Blk 470 Ed	CDQ2	S3330	6,429	1,920
2018	$35,240	$2,300	$37,540	$37,540	Paredes Roberto & Gu...	808 Plymouth Ln, Lar...	LOT 8 BLK 470 ED	CDQ2	S3330	6,429	1,920
2017	$31,320	$2,810	$34,130	$34,130	Paredes Roberto & Gu...	808 Plymouth Ln, Lar...	LOT 8 BLK 470 ED	2016	S3330	6,429	-

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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 ↕
—	318 E Bustamante St, Laredo, TX 78041	—	-	12,853	2002	1,920	$ 119,661	$ 119,661	-
Equity Prime Mortgage Llc	607 Eistetter St, Laredo, TX 78041	07/16/2025	$ 171,338	7,227	1968	1,243	$ 127,962	$ 72,756
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	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	13,983	0	-	$ 166,255	$ 166,255	2310 Saunders Llc
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
Standard Insurance Company	6410 Mcpherson Rd, Laredo, TX 78041	03/25/2025	$ 1,500,000	14,192	2006	-	$ 144,261	$ 143,000	Barcelona Investments Llc
Secretaryhousing & Urban Dev	306 E San Carlos St, Laredo, TX 78041	03/25/2025	$ 14,218	6,429	2004	994	$ 159,902	$ 65,146
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
Secretaryhousing & Urban Dev	318 E Taylor St, Laredo, TX 78041	02/10/2025	$ 15,558	4,286	2020	1,216	$ 174,738	$ 43,674

Mean$ 2,272,095

Median$ 613,759.0

Loan Amount Range$ 5,625 - $ 13,801,461

Showing 1 to 10 of 26 entries

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License Details

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