2603 Cortez St, Laredo, TX 78043 – Commercial Improved Land

CommercialYear Built 1980Total Assessed Value $54,604County Webb

Property Details

The Commercial property 2603 Cortez St, Laredo, TX 78043 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $54,604.

The gross building area is 540 square feet and the land area is 6,385 square feet for this Commercial Improved Land built in 1980.

Legal description: Lot 2 Blk 1563 Ed

$54,604

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 Area540

Land Size6,385

Land Value$53,570

Improved Value$1,034

Total Assessed Value$54,604

Year Built1980

County NameWebb

Account Number178583

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

6/22/2017

Arms-lengthNot Disclosed

Buyer

Trevino Richard

Seller

Trevino Alfredo Rene

Book Number

1303955

Recording Date

6/22/2017

Transaction Details

Trevino Richard acquired the property from Trevino Alfredo Rene through a Arms-length transaction on 6/22/2017 for .

5/18/2017

Arms-lengthNot Disclosed

Buyer

Trevino Richard

Seller

Trevino Edward

Book Number

1303956

Recording Date

5/18/2017

Transaction Details

Trevino Richard acquired the property from Trevino Edward through a Arms-length transaction on 5/18/2017 for .

Property constructed in 1980

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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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	$53,570	$1,034	$54,604	$54,604	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	CDQ3	S5550	6,385	540
2025	$53,570	$1,109	$54,679	$54,679	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	Cdq3	S5550	6,386	540
2024	$53,570	$1,184	$54,754	$54,754	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	Cdq3	S5550	6,386	540
2023	$51,016	$1,410	$52,426	$52,426	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	CDQ3	S5550	6,386	540
2022	$44,631	$1,504	$46,135	$46,135	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	CDQ3	S5550	6,386	540
2021	$35,692	$1,258	$36,950	$36,950	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	CDQ3	S5550	6,386	540
2020	$35,690	$1,310	$37,000	$37,000	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	CDQ3	S5550	6,386	540
2019	$35,690	$1,350	$37,040	$37,040	Trevino Richard	1408 Cortez St, Lare...	Lot 2 Blk 1563 Ed	CDQ3	S5550	6,386	540
2018	$35,690	$1,750	$37,440	$37,440	Trevino Richard	1408 Cortez St, Lare...	LOT 2 BLK 1563 ED	3089	S5550	6,386	-
2017	$28,540	$1,690	$30,230	$30,230	Trevino Jose Alberto...	8664 Don Andres Ct, ...	LOT 2 BLK 1563 ED	3089	S5550	6,386	-

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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 ↕
—	2603 Cortez St, Laredo, TX 78043	—	-	6,385	1980	540	$ 54,604	$ 53,570	-
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
Habitathumanitylaredo Inc	518 N Texas, Laredo, TX 78043	03/04/2025	$ 33,000	6,386	2018	1,050	$ 127,405	$ 53,570
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
Prime Lending Llc	2603 Guatemozin St, Laredo, TX 78043	12/26/2024	$ 156,200	6,386	1952	2,733	$ 148,137	$ 53,570
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
Texas Community Bank	2320 Guadalupe St, Laredo, TX 78043	12/20/2024	$ 1,350,000	15,416	0	-	$ 156,139	$ 146,914

Mean$ 2,517,143

Median$ 903,759.0

Loan Amount Range$ 33,000 - $ 13,801,461

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Tenant Details

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License Details

License Number

32042435159

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/5/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	VICTOR MANUEL IBARRA-VERZOZA
	Address Line	4612 white sands dr
	City / State / Zip	laredo TX 78046
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48479
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78046
Registration Details	SOS Code

License Timeline

License Issued

10/5/2023

Currently Active

Status: -

Renewal Required

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