Excellent investment opportunity! Income-producing 5-unit multifamily property situated on a corner lot in central Laredo. Fully leased with month-to-month tenants generating strong rental income. Ideal for investors seeking immediate cash flow and value-add potential. Cash or owner financing available.
For sale
$185,000
1701 Lincoln St, Laredo, TX 78040
--beds
5baths
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 74 days |
- 68 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Almaida Garcia 956-693-7014,
MG Texas Real Estate
Source: LAR,MLS#: 20262697
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Window Unit
Cooling
- Window Unit(s)
Appliances
- Included: Efficiency (Refrigerator), Efficiency (Range), One Bedroom (Refrigerator), One Bedroom (Range), Two Bedroom (Refrigerator), Two Bedroom (Range), Electric Water Heater, Gas Water Heater
- Laundry: 1 Bedroom (W/D Hookup), 2 Bedrooms (W/D Hookup)
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 2,614
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Fencing: Partial,Chain Link,Wood,Wrought Iron
Lot
- Size: 3,541 Square Feet
Details
- Parcel number: 160891
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Stucco, Hardiplank Siding
- Roof: Metal,Shingle-Composition
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available, Underground Utilities, Sewer Connected
Community & HOA
Community
- Security: Burglar Bars
- Subdivision: Western Division
Location
- Region: Laredo
Financial & listing details
- Tax assessed value: $193,059
- Annual tax amount: $4,246
- Date on market: 6/8/2026
- Listing terms: Cash,Owner Will Carry
- Lease term: Month To Month
- Total actual rent: 1608
Estimated market value
Not available
Estimated sales range
Not available
$1,477/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $185,000-2.6% |
Source:  LAR #20262697 Report a problem | ||
| 6/2/2026 | Listing removed | $190,000 |
Source: LAR #20254178 Report a problem | ||
| 11/5/2025 | Price change | $190,000-9.5% |
Source: LAR #20254178 Report a problem | ||
| 9/23/2025 | Listed for sale | $210,000+13.6% |
Source: LAR #20254178 Report a problem | ||
| 10/12/2023 | Sold | -- |
Source: LAR #20232333 Report a problem | ||
| 9/20/2023 | Pending sale | $184,900 |
Source: LAR #20232333 Report a problem | ||
| 7/1/2023 | Listed for sale | $184,900 |
Source: LAR #20232333 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,246 +335% | $186,647 +20% |
| 2024 | $976 | $155,539 +67.6% |
| 2023 | -- | $92,818 +16.7% |
| 2022 | -- | $79,542 +5.6% |
| 2021 | $195 | $75,335 +0.9% |
| 2020 | -- | $74,690 -3.4% |
| 2019 | $20,159 | $77,340 +3.7% |
| 2018 | -- | $74,550 +9.6% |
| 2017 | $675 +19.2% | $68,040 +12.7% |
| 2016 | $567 -2.4% | $60,360 -1.6% |
| 2015 | $580 | $61,320 -1.4% |
| 2014 | $580 | $62,210 |
| 2013 | -- | $62,210 -5.9% |
| 2012 | -- | $66,130 -2.2% |
| 2011 | -- | $67,600 |
| 2010 | -- | $67,600 |
| 2009 | -- | $67,600 +0% |
| 2008 | -- | $67,580 +6.5% |
| 2007 | -- | $63,450 +3.6% |
| 2006 | -- | $61,261 +11% |
| 2005 | -- | $55,210 +7.8% |
| 2004 | -- | $51,210 +3.7% |
| 2003 | -- | $49,390 +2.4% |
| 2002 | -- | $48,220 +3.6% |
| 2001 | -- | $46,560 |
| 2000 | -- | $46,560 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Western Division
Getting around
82 / 100
Very WalkableNearby schools
GreatSchools rating
- 5/10Dovalina Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Christen Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Martin High SchoolGrades: 9-12Distance: 1.1 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.
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