NOT LISTED FOR SALE

1507 N Sugar Rd Pharr, TX 78577

Estimated Value: $218,000

1.52 Acres
$143,421 Price per Acre
66,211 Sq Ft Lot

Last Sold July 27, 2021

Current estimated payment $1,553/month

91 Days on Market

About This Lot

As of July 2021

LOCATION, LOCATION, LOCATION! Commercial, Unimproved 1.50 +/- Acre lot (Lot Dimensions:100x660) has great potential for development in the rapidly growing City of Pharr. Located in close proximity to Expressway 83 & FM495 off of Sugar Rd. Motivated Seller! Bring Offers!

Last Listed By

Kathleen Mena

Key Realty Listed on: 03/12/2021

Key Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,160

Lot Details

  • 1.52 Acre Lot

Schools

  • Ramirez Elementary School
  • Liberty Middle School
  • Psja North High School

Community Details

  • No Home Owners Association
  • Kelly Pharr Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number K240000000016801

Property Details

Property Type

Land

Est. Annual Taxes

$4,160

Lot Details

0

Listing Details

  • Directions: FROM EXP 83 EXIT SUGAR ROAD. GO NORTH AND PROPERTY IS ON THE WEST SIDE BEFORE FM495/PECAN.
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 1.52
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Kelly Pharr Tract
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Home Warranty: No

Utilities

  • Utilities: None
  • Electricity On Property: No
  • Sewer: City Sewer, Other
  • Water Source: Public, City
  • Water Comments: N/A

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Liberty

Lot Info

  • Zoning: C
  • Current Use: Commercial, Unimproved
  • Lot Size Sq Ft: 66211.2
  • Parcel #: K240000000016801
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: N/A

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2025
Sold by
Brownstone Consultants Llc
Bought by
Dac Development Llc
Total Days on Market
91
Current Estimated Value
$218,000

Purchase Details

Listed on
Jun 2, 2014
Closed on
Feb 16, 2015
Sold by
Tdl Properties Llc
Bought by
Car Mel Truck Brokerage Inc
Seller's Agent
William Restrepo
Rio Plex Realty
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$120,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2014
Sold by
M R S J Investments Llc
Bought by
T D L Properties Llc

Purchase Details

Closed on
Aug 20, 2012
Sold by
T D L Properties Llc
Bought by
M R S J Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2012
Sold by
Treyson Development Inc
Bought by
T D L Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 5, 2011
Sold by
Albrad Ltd
Bought by
Treyson Development Inc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dac Development Llc -- None Listed On Document
Car Mel Truck Brokerage Inc -- San Jacinto Title Svcs Mcall
T D L Properties Llc $110,000 None Available
M R S J Investments Llc -- Valley Land Title Co
T D L Properties Llc -- San Jacinto Title
Treyson Development Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Car Mel Truck Brokerage Inc $120,000
Previous Owner M R S J Investments Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold -- -- --
06/10/2021 06/10/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $189,000 +5.1% --
02/16/2015 02/16/15 Sold -- -- --
06/02/2014 06/02/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $179,900 -- --
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,038 $150,542 $150,542 --
2023 $4,035 $150,542 $150,542 $0
2022 $4,047 $144,270 $144,270 $0
2021 $4,121 $144,270 $144,270 $0
2020 $4,173 $144,270 $144,270 $0
2019 $4,228 $144,270 $144,270 $0
2018 $4,252 $144,270 $144,270 $0
2017 $4,288 $144,270 $144,270 $0
2016 $4,288 $144,270 $144,270 $0
2015 $4,269 $144,270 $144,270 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Greater McAllen Association of REALTORS®

MLS Number: 353197

Greater McAllen Association of REALTORS®

APN: K2400-00-000-0168-01