**Great Investment Opportunity: 11-Unit Apartment Complex with Storefront** - **Property Details:** - **Total Units**: 11 - **Commercial Space**: Small storefront included - **Basement**: Yes - **Occupancy Rate**: 100% - **Location**: Ideally situated in a thriving neighborhood ensuring consistent rental income and foot traffic for the storefront.
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Price Unknown
402 E Lane St, Laredo, TX 78040
--beds
3baths
1,792sqft
Apartment
Built in ----
-- sqft lot
$389,600 Zestimate®
$--/sqft
$1,788 Estimated rent
Home value
$389,600
$370,000 - $409,000
$1,788/mo
Zestimate® history
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List your homeWhat's special
Small storefront
Zillow last checked:
Listing updated:
Listed by:
Alexandra Herrera 956-251-3063,
Texas Elite Realty Group
Bought with:
Charles Dalrymple
Texas Elite Realty Group
Source: LAR,MLS#: 20251779
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Central Electric, Space Heater
Cooling
- Central Electric, Window Unit(s)
Appliances
- Included: Efficiency (Refrigerator), Efficiency (Range), One Bedroom (Refrigerator), One Bedroom (Range), Two Bedroom (Refrigerator), Two Bedroom (Range), Two Bedroom (Washer/Dryer), Electric Water Heater
- Laundry: 1 Bedroom (W/D Hookup), 2 Bedrooms (W/D Hookup)
Features
- Flooring: Hardwood, Tile, Vinyl
Interior area
- Total structure area: 9,558
- Total interior livable area: 1,792 sqft
Property
Parking
- Parking features: Parking Lot, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Efficiency (Balcony/Patio), One Bedroom (Porch)
- Fencing: Partial,Chain Link
Lot
- Size: 0.35 Acres
Details
- Parcel number: 169422
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick and Block, Vinyl Siding
- Roof: Shingle-Composition
Utilities & green energy
- Water: Public
- Utilities for property: Underground Utilities, Sewer Connected
Community & HOA
Community
- Security: Burglar Bars
- Subdivision: Eastern Division
Location
- Region: Laredo
Financial & listing details
- Tax assessed value: $72,077
- Annual tax amount: $3,702
- Date on market: 4/29/2025
- Listing terms: Cash,Conventional
- Lease term: Month To Month
- Total actual rent: 700
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | -- |
Source:  LAR #20251779 Report a problem | ||
| 10/1/2025 | Pending sale | $400,000$223/sqft |
Source: LAR #20251779 Report a problem | ||
| 7/31/2025 | Price change | $400,000+135.3%$223/sqft |
Source: LAR #20251779 Report a problem | ||
| 7/5/2025 | Price change | $170,000-62.2%$95/sqft |
Source: LAR #20252899 Report a problem | ||
| 6/23/2025 | Price change | $450,000-6.4%$251/sqft |
Source: LAR #20251779 Report a problem | ||
| 6/10/2025 | Price change | $480,900-3.8%$268/sqft |
Source: LAR #20251779 Report a problem | ||
| 5/26/2025 | Price change | $499,900-3.9%$279/sqft |
Source: LAR #20251779 Report a problem | ||
| 5/15/2025 | Price change | $520,000-1%$290/sqft |
Source: LAR #20251779 Report a problem | ||
| 4/29/2025 | Listed for sale | $525,000$293/sqft |
Source: LAR #20251779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,702 +708.1% | $25,068 -72.6% |
| 2024 | $458 -79% | $91,547 -72.6% |
| 2023 | $2,182 +13.1% | $334,349 +17.5% |
| 2022 | $1,930 +12.2% | $284,664 +20.7% |
| 2021 | $1,720 +9.1% | $235,821 +10.3% |
| 2020 | $1,576 -99% | $213,710 -0.4% |
| 2019 | $158,994 | $214,670 +3.7% |
| 2018 | -- | $207,010 +12.6% |
| 2017 | $5,075 +9.8% | $183,920 +10.8% |
| 2016 | $4,622 +4.8% | $165,990 +3.8% |
| 2015 | $4,408 | $159,960 +0.1% |
| 2014 | $4,408 | $159,740 +12.5% |
| 2013 | -- | $142,030 |
| 2012 | -- | $142,030 -0.4% |
| 2011 | -- | $142,570 -0.1% |
| 2009 | -- | $142,660 0% |
| 2008 | -- | $142,670 +3.5% |
| 2007 | -- | $137,810 +11.7% |
| 2006 | -- | $123,330 +6.8% |
| 2004 | -- | $115,490 +2.6% |
| 2003 | -- | $112,550 +3.3% |
| 2002 | -- | $109,000 -1.6% |
| 2001 | -- | $110,760 |
| 2000 | -- | $110,760 |
Find assessor info on the county website
Neighborhood: Eastern Division
Nearby homes
- $132,900-- bd-- ba760 sqft410 E Lane St, Laredo, TX 78040Off Market
- $7,660-- bd-- ba644 sqft1917 Springfield Ave, Laredo, TX 78040Off Market
- $77,633-- bd-- ba-- sqft1917 Springfield Ave, Laredo, TX 78040Off Market
- $82,900-- bd-- ba644 sqft1917 Springfield Ave, Laredo, TX 78040Off Market
- $22,664-- bd-- ba516 sqft404 E Lane St, Laredo, TX 78040Off Market
- $152,500-- bd-- ba2.2k sqft412 E Lane St, Laredo, TX 78040Off Market
- $71,265-- bd-- ba-- sqft415 E Fremont St, Laredo, TX 78040Off Market
- $240,900-- bd-- ba2.1k sqft415 E Fremont St, Laredo, TX 78040Off Market
Nearby schools
GreatSchools rating
- 9/10J C Martin Jr Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10Nixon High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Laredo
Source: LAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Webb County
- Laredo
- 78040
- Eastern Division
- 402 E Lane St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Laredo Topics
