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1603 Centeno Ln, Laredo, TX, 78046

--beds
1baths
825sqft
$425,000
$515price/sqft
$3,210/moest. monthly cost
$128,400/yrincome needed

About This Home

Unit Configuration: (6) Units – 2 Bed / 1 Bath each (825 sq ft per unit) - Main Area: 4,950 sq ft (rentable space) - Gross Building Area: 9,022 sq ft (total building footprint) - Current Rent Range: 730/month - 100% Occupancy with established tenants -$400 security deposits per unit. Recent Capital Improvements: - Full cinderblock construction - new roof installed in 2023 - Exterior painted in 2023 - All unit interiors painted within the last 12 months - new water heater.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
4/10

Construction

Materials

  • Roof: Shingle-Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Two Bedroom (Refrigerator),Electric Water Heater
  • Laundry features: 2 Bedrooms (W/D Hookup)

Bedrooms & Bathrooms

  • Bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

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

Interior Area

  • Total structure area: 4,950
  • Total interior livable area: 825 sqft

Property

Features

  • Fencing: Partial,Chain Link

Lot

  • Lot size: 9,022 sqft

Parking

  • Parking features: Parking Lot

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 WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave

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 $2,149$25,788
Home Insurance *$264$3,168
Property Taxes $559$6,708
Electricity $238$2,859
Total$3,210$38,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,057/yr
40% on housing$96,300/yr
45% on housing$85,600/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

$515This listing

vs Other Active Listings

Avg $/sqft

ZIP 78046$108
Webb County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 78046$152
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
2026-06-04Listed for sale$425,000
2023-04-27Sold--
2023-04-21Pending sale$280,000
2023-02-14Price change$280,000
2022-12-16Listed for sale$205,000
2022-09-22Listing removed--
2022-08-05Price change$209,900
2022-07-27Price change$224,900
2022-07-11Price change$229,900
2022-06-13Price change$235,000
2022-05-31Listed for sale$239,900
2022-03-15Listing removed--
2022-02-16Price change$239,900
2022-01-04Price change$249,000
2021-12-08Price change$269,900
2021-11-09Price change$274,900
2021-10-22Listed for sale$280,000

For Sale by Agent

AgentEdgar Garcia
BrokerageKELLER WILLIAMS LAREDO

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