**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.
Sold on 10/31/25
Price Unknown
402 E Lane St, Laredo, TX 78040
--beds
3baths
1,792sqft
Apartment
Built in ----
-- sqft lot
$389,600 Zestimate®
$--/sqft
$1,973 Estimated rent
Home value
$389,600
$370,000 - $409,000
$1,973/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 02, 2025 at 10:56am
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 & neighborhood
Security
- Security features: Burglar Bars
Location
- Region: Laredo
- Subdivision: Eastern Division
HOA & financial
Other financial information
- Total actual rent: 700
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | -- |
Source:  LAR #20251779 | ||
| 10/1/2025 | Pending sale | $400,000$223/sqft |
Source: LAR #20251779 | ||
| 7/31/2025 | Price change | $400,000+135.3%$223/sqft |
Source: LAR #20251779 | ||
| 7/5/2025 | Price change | $170,000-62.2%$95/sqft |
Source: LAR #20252899 | ||
| 6/23/2025 | Price change | $450,000-6.4%$251/sqft |
Source: LAR #20251779 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $25,068 -72.6% |
| 2024 | $458 -79% | $91,547 -72.6% |
| 2023 | $2,182 +13.1% | $334,349 +17.5% |
Find assessor info on the county website
Neighborhood: Eastern Division
Nearby schools
GreatSchools rating
- 10/10J 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.