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Off market
  • $85,960

    19014 Fm 507, Rio Hondo, TX 78550

    2beds
    0baths
    1Acres
    VacantLand
    Built in 1954
    1 Acres Lot
    $-- Zestimate®
    $83/sqft
    $885 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $885/mo

    Zestimate® history
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    $497/mo

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    What's special

    One (1) acre corner lot located @ FM 507 North and Gutierrez Rd. The property is outside Harlingen City limits, but within its extra territorial jurisdiction ( ETJ ). City water is provided by East Rio Hondo Water Supply Corp. There is Power/Electric on the property. Trash pickup privided by Republic Waste Services of Harlingen, Texas. A septic tank is lacking, but some credit allowed for the cost of installation of a septic tank, for which a permit must first be obtained from the Cameron County Environmental Department. The location for placement of the tank (I.e., near FM 507, near Gutierrez Rd, in the back of the property away from traffic on FM 507, etc) will be left up to the buyer for his or her use and enjoyment of the property. The existing wooden home on the property has a good roof and the studs appear to be in fairly good condition, allowing the new owner to either repair the house for him/herself, sell or gift the structure to an individual in return for removal off the land. The Arroyo Colorado public boat ramp is nearby, as well as the Rio Hondo bridge. If allowed by Cameron County ordinance, the acre may be subdivided into half acre lots, allowing the new owner to have a commercial corner lot facing busy FM 507 and Gutierrez Rd, while using the rear half acre for a residential space- with entry from either Gutierrez road or FM 507. The property qualifies for special 3rd party financing is your credit score is at least 640. If score is below 640, there are additional options with private leanders besides traditional banks. The US Dollar has lost 98% of its value since 1913-the year of creation of the Federal Reserve Bank which creates the bank notes (us dollar) we all use today to transact commerce. Therefore, the buyer will repay the loan over 30 years with money/bank notes that diminish in value over time (repayment made with inflated dollars). Sale price at this time for quick sale: $69,950 US Dollars . Email: 19014FM507@gmail.com

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,032 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 9190502170040300

    Community & neighborhood

    Location
    • Region: Rio Hondo

    Price history

    DateEventPrice
    3/15/2023Listing removed--
    Source: RGVMLS #29734984
    12/22/2022Listed for sale$69,500$67/sqft
    Source: RGVMLS #29734984
    12/5/2022Listing removed--
    Source: RGVMLS #29734984
    8/2/2022Listed for sale$69,500$67/sqft
    Source: RGVMLS #29734984
    1/24/2021Listing removed--
    Source: Owner

    Public tax history

    YearProperty taxesTax assessment
    2025$1,060 +19.4%$55,886 +20%
    2024$888 +20.2%$46,572 +20%
    2023$738 +73.7%$38,810 +92.6%

    Find assessor info on the county website

    Neighborhood: 78550

    Nearby schools

    GreatSchools rating