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1303 Philadelphia St, Laredo, TX, 78041

--beds
2baths
554sqft
$1,050,000
$1,895price/sqft
$6,686/moest. monthly cost
$267,440/yrincome needed

About This Home

Multi-Unit (12 Unit Apartments). Each unit has it own independent electrical meter. The whole complex has 1 water meter. Corner lot has potential to grow. Out of the 17,352 sqft lot, only 6,652 sqft has been used for building. There is still 10,700 sqft of untapped land to build 12 more apartments and/or added ROI value. Property has been fully remodeled.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

7/10
5/10
Christen Middle SchoolGrades 6-81.1 mi
3/10
Martin High SchoolGrades 8-121.1 mi

Construction

Materials

  • Roof: Shingle-Composition
  • Construction materials: Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: 1 Bedroom (W/D Hookup)

Bedrooms & Bathrooms

  • Bathrooms: 2

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central Electric,No Efficiency Units
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 14,855
  • Total interior livable area: 554 sqft

Property

Accessibility

  • Accessibility features: Handicapped Access

Details

  • Parcel number: 166480

Features

  • Fencing: Partial,Chain Link

Lot

  • Lot size: 0.39 Acres

Parking

  • Parking features: Parking Lot,On Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$731$8,772
Property Taxes $408$4,896
Electricity $238$2,859
Total$6,686$80,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$229,234/yr
40% on housing$200,580/yr
45% on housing$178,293/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.8%
3.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,895This listing

vs Other Active Listings

Avg $/sqft

ZIP 78041$156
Webb County$126

vs Homes Sold Last Month

Median $/sqft

ZIP 78041$172
Webb County$153

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-18Price change$1,050,000
2026-01-16Listed for sale$1,100,000
2025-09-26Listing removed$1,100,000
2025-09-04Listed for sale$1,100,000
2025-08-01Listing removed$1,100,000
2025-05-31Price change$1,100,000
2025-03-06Price change$1,250,000
2025-02-06Listed for sale$1,575,000
2024-02-25Listing removed--
2024-02-25Listed for sale$2,500,000
2023-10-10Sold--
2023-10-07Listed for sale$580,000
2023-01-19Listing removed--
2022-10-13Listed for sale$599,000
2022-09-27Listing removed--
2022-09-14Listed for sale$599,000
2022-07-24Listing removed--
2022-06-30Listed for sale$599,000

For Sale by Agent

AgentMario Zaragoza
BrokerageExclusive Broker & Realty, LLC

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