Locust Malinche, Laredo, TX 78043 – School

Institutional & Special Purpose BuildingsYear Built 2014Total Assessed Value $84,994,115County Webb

Property Details

The Institutional & Special Purpose Buildings property Locust Malinche, Laredo, TX 78043 is located in Webb County. The specific property type is School. The total assessed value of this property is $84,994,115.

The gross building area is 497,464 square feet and the land area is 77,162 square feet for this School built in 2014.

Legal description: All Blk 1131 Ed (Nixon High School)

$84,994,115

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Property Image of Locust Malinche, Laredo, TX 78043, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeSchool

Building Area497,464

Land Size77,162

Land Value$584,888

Improved Value$84,409,227

Total Assessed Value$84,994,115

Year Built2014

County NameWebb

Account Number175699

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories2

Sales History

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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) ↕
2024	$584,888	$84,409,227	$84,994,115	$84,994,115	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	497,464
2023	$413,588	$85,030,706	$85,444,294	$85,444,294	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	497,464
2022	$361,890	$67,144,716	$67,506,606	$67,506,606	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	497,464
2021	$289,358	$49,698,452	$49,987,810	$49,987,810	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	462,472
2020	$289,360	$47,742,890	$48,032,250	$48,032,250	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	462,472
2019	$289,360	$47,743,030	$48,032,390	$48,032,390	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	462,472
2018	$289,360	$46,371,190	$46,660,550	$46,660,550	Laredo Independent S...	1702 Houston St	ALL BLK 1131 ED (NIX...	EX_S	S4460	77,162	462,472
2017	$273,150	$45,711,140	$45,984,290	$45,984,290	Laredo Independent S...	1702 Houston St	ALL BLK 1131 ED (NIX...	EX_S	S4460	77,162	462,472
2016	$273,150	$3,836,120	$4,109,270	$4,109,270	Laredo Independent S...	1702 Houston St	All Blk 1131 Ed (Nix...	EX_S	S4460	77,162	62,700
2015	$273,150	$3,625,210	$3,898,360	$3,898,360	Laredo Independent S...	1702 Houston St	ALL BLK 1131 ED (NIX...	EX_S	S4460	77,162	62,700

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Comparables

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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 ↕
—	Locust Malinche, Laredo, TX 78043	—	-	77,162	2014	497,464	$ 84,994,115	$ 584,888	-
Farmers Bank & Trust	Springfield Ave, Laredo, TX 78045	09/26/2025	$ 11,293,771	278,479	2021	29,869	$ 8,762,733	$ 2,227,833	-
Cap Certified Dev Corporation	9531 S Eldridge Pky, Houston, TX 77083	09/09/2025	$ 3,373,000	181,122	2023	28,924	$ 6,008,684	$ 1,453,079	Van Siblings Llc
Falcon International Bank	1515 Pappas St, Laredo, TX 78041	09/05/2025	$ 1,500,000	165,876	2005	66,567	$ 20,791,196	$ 568,956	Gateway Community Health Cente
First Bank	21940 Old Weiderstein Rd, Schertz, TX 78154	08/18/2025	$ 4,830,600	129,765	2022	17,829	$ 4,776,313	$ 1,173,718	Schertz Montessori Llc
Central National Bank	7635 Prarieview Rd, Temple, TX 76502	07/08/2025	$ 547,000	56,584	2022	13,814	$ 1,394,105	$ 245,583	Lowry School 2 Llc
Dial Fund Of The Catholic Dioc	6608 W Adams Ave, Temple, TX 76502	06/30/2025	$ 995,756	1,348,051	2010	35,175	$ 6,410,581	$ 3,720,622	-
Texas Methodist Foundation	12630 Windfern Rd, Houston, TX 77064	06/23/2025	$ 2,000,000	1,714,726	0	0	-	-	Cyhope Inc
Frost Bank	2413 Harvey Mitchell Pky S, Bryan, TX 77845	06/20/2025	$ 1,600,000	65,384	2021	7,667	$ 2,221,376	$ 575,442	Bcs Swim School Llc
Texas First Bank	4590 Wilmington Ave, Houston, TX 77051	06/13/2025	$ 4,623,000	1,946,130	2007	67,830	-	-	Provision Inc
First United Bank & Trust Co	611 W Ashby Pl, San Antonio, TX 78212	06/09/2025	$ 1,873,695	34,391	1910	8,530	$ 1,686,000	$ 736,610	Alvaradoortiz Anthony

Mean$ 19,696,160

Median$ 1,550,000.0

Loan Amount Range$ 58,900 - $ 450,000,000

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