118 Camino Nuevo Rd, Laredo, TX 78043 – Commercial Improved Land

CommercialYear Built N/ATotal Assessed Value $141,922County Webb

Property Details

The Commercial property 118 Camino Nuevo Rd, Laredo, TX 78043 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $141,922.

The gross building area is 0 square feet and the land area is 136,465 square feet for this Commercial Improved Land built in N/A.

Legal description: Las Blancas, Block 2, Lot 1A, Unit 2 (Replat)

$141,922

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 Area0

Land Size136,465

Land Value$141,922

Improved Value$0

Total Assessed Value$141,922

Year BuiltN/A

County NameWebb

Account Number320878

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

6/3/2016

Arms-length$687,500

Buyer

Mercado De Las Blancas Llc

Seller

Homemart Inc

Book Number

1267058

Recording Date

6/3/2016

Transaction Details

Mercado De Las Blancas Llc acquired the property from Homemart Inc through a Arms-length transaction on 6/3/2016 for $687,500.

2/11/2016

Arms-lengthNot Disclosed

Buyer

Mercado De Las Blancas Llc

Seller

Joyce Lands Inc

Book Number

1257129

Recording Date

2/11/2016

Transaction Details

Mercado De Las Blancas Llc acquired the property from Joyce Lands Inc through a Arms-length transaction on 2/11/2016 for .

2/11/2016

Arms-length$937,500

Buyer

Mercado De Las Blancas Llc

Seller

Joyce Lands Inc

Book Number

1258274

Recording Date

2/11/2016

Transaction Details

Mercado De Las Blancas Llc acquired the property from Joyce Lands Inc through a Arms-length transaction on 2/11/2016 for $937,500.

11/18/2014

Arms-length$937,500

Buyer

Joyce Lands Inc

Seller

Home Mart Inc

Book Number

1218242

Recording Date

11/18/2014

Transaction Details

Joyce Lands Inc acquired the property from Home Mart Inc through a Arms-length transaction on 11/18/2014 for $937,500.

Property constructed in 0

YSale Price (USD) byXSales Year

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Mortgage History

6/3/2016

Helocs both purchase money and non purchase money helocs$550,000

Borrower

Mercado De Las Blancas Llc

Lender

Commerce Bank

Book Number

1267059

Recording Date

6/3/2016

Transaction Details

Mercado De Las Blancas Llc borrowed the property from Commerce Bank through a Helocs both purchase money and non purchase money helocs transaction on 6/3/2016 for $550,000.

2/11/2016

Helocs both purchase money and non purchase money helocs$750,000

Borrower

Mercado De Las Blancas Llc

Lender

Commerce Bank

Book Number

Recording Date

2/11/2016

Transaction Details

Mercado De Las Blancas Llc borrowed the property from Commerce Bank through a Helocs both purchase money and non purchase money helocs transaction on 2/11/2016 for $750,000.

11/18/2014

Helocs both purchase money and non purchase money helocs$750,000

Borrower

Joyce Lands Inc

Lender

Commerce Bank

Book Number

Recording Date

11/18/2014

Transaction Details

Joyce Lands Inc borrowed the property from Commerce Bank through a Helocs both purchase money and non purchase money helocs transaction on 11/18/2014 for $750,000.

Property constructed in 0

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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	$141,922	-	$141,922	$141,922	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	CD 359JZ	S9433	136,465	-
2025	$141,922	-	$141,922	$141,922	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	Cd 359Jz	S9433	136,465	-
2024	$141,922	-	$141,922	$141,922	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	Cd 359Jz	S9433	136,465	-
2023	$127,859	-	$127,859	$127,859	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	CD 359JZ	S9433	136,465	-
2022	$70,638	-	$70,638	$70,638	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	CD36	S9433	136,465	-
2021	$70,638	-	$70,638	$70,638	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	CD36	S9433	136,465	-
2020	$71,910	-	$71,910	$71,910	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	CD36	S9433	136,465	-
2019	$71,910	-	$71,910	$71,910	Mercado De Las Blanc...	5200 Santa Maria Ave...	Las Blancas, Block 2...	CD36	S9433	136,465	-
2018	$11,370	-	$11,370	$11,370	Mercado De Las Blanc...	5200 Santa Maria Ave...	LAS BLANCAS, BLOCK 2...	CD36	S9433	136,465	-
2017	$11,370	-	$11,370	$11,370	Mercado De Las Blanc...	5200 Santa Maria Ave...	LAS BLANCAS, BLOCK 2...	H35909	S9433	136,465	-

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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 ↕
—	118 Camino Nuevo Rd, Laredo, TX 78043	—	-	136,465	N/A	-	$ 141,922	$ 141,922	-
Eg Ranch Holdings Llc	5308 E Martin Luther King Junior, Laredo, TX 78721	09/05/2025	$ 330,000	15,735,440	0	-	$ 20,590	$ 722,472	Border City Holdings Inc
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
Texana Bank Na	528 France Ct, Laredo, TX 78043	05/27/2025	$ 148,461	5,471	2012	1,064	$ 111,644	$ 28,236
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
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
Guaranteed Rate Inc	517 France Ct, Laredo, TX 78043	02/26/2025	$ 127,645	4,600	2008	963	$ 98,741	$ 24,288
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
Falcon International Bank	3502 Urbahn Ave, Laredo, TX 78046	12/23/2024	$ 2,200,000	33,371	0	-	$ 253,617	$ 253,617	Urbahn Holdings Llc

Mean$ 2,691,321

Median$ 1,250,000.0

Loan Amount Range$ 95,000 - $ 13,801,461

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