For sale

Price cut: $25K (9/4)

$220,000

5203 Frijolillo Dr, Laredo, TX 78046

0beds

2,280sqft

$1,688/mo

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Single Family Residence

Built in 2022

4,500 Square Feet Lot

$219,700 Zestimate^®

$96/sqft

$-- HOA

What's special

**Turnkey event venue business opportunity!** This formal event venue is an exceptional investment with income potential. Ready for operations with existing bookings and endless possibilities. **Buyer and buyer’s agent to verify zoning, permitted uses, and regulations. Property is currently zoned residential and is being used as an event venue.**

43 days
102
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 2
1/2 bathrooms: 2

Kitchen

Features: None

Heating

Central Electric

Cooling

Central Electric

Appliances

Included: Refrigerator, Electric Water Heater

Features

Newly Decorated
Flooring: Tile
Attic: None
Has fireplace: No

Interior area

Total structure area: 2,280
Total interior livable area: 2,280 sqft

Property

Parking

Parking features: No Garage, Concrete, No Carport
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Front
Fencing: Fenced,Masonry

Lot

Size: 4,500 Square Feet
Topography: Level

Details

Parcel number: 559668

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Slab
Roof: Composition Shingle,1-5 Years

Condition

Year built: 2022

Utilities & green energy

Water: Public
Utilities for property: Underground Utilities, Sewer Connected

Community & HOA

Community

Security: Closed Circuit Camera(s)
Subdivision: Eleden

HOA

Has HOA: No

Location

Region: Laredo

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $251,395
Annual tax amount: $4,624
Date on market: 7/23/2026
Listing terms: Cash,Owner Will Carry
Ownership: Investor

Estimated market value

$219,700

$209,000 - $231,000

$1,948/mo

Price history

Date	Event	Price
9/4/2026	Price change	$220,000-10.2%$96/sqft
Source: LAR #20263476 Report a problem
8/6/2026	Price change	$245,000-9.3%$107/sqft
Source: LAR #20263476 Report a problem
7/23/2026	Listed for sale	$270,000$118/sqft
Source: LAR #20263476 Report a problem
9/16/2019	Sold	--
Source: Public Record Report a problem
12/7/2016	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,624 +176%	$251,395 -5.9%
2024	$1,675 +279.2%	$267,016 +294.5%
2023	$442 +81.5%	$67,689 +88.5%
2022	$243 +50%	$35,910 +61.4%
2021	$162 -1%	$22,248 +0.1%
2020	$164 -99%	$22,230
2019	$16,465	$22,230 -0.6%
2018	--	$22,370
2017	$311	$22,370