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801 Okane St, Laredo, TX, 78040

--beds
2baths
1,441sqft
$425,000
$295price/sqft
$3,412/moest. monthly cost
$136,480/yrincome needed

About This Home

This 5 Unit Multi-Family complex is 100% occupied and has limited landlord expenses. It is located in Central Laredo with close proximity to IH-35 and Loop 20.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

6/10
Memorial Middle SchoolGrades 6-80.4 mi
3/10
Nixon High SchoolGrades 9-120.9 mi

Construction

Materials

  • Roof: Shingle-Composition
  • Construction materials: Wood Frame,Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: One Bedroom (Refrigerator),One Bedroom (Range),Two Bedroom (Refrigerator),Two Bedroom (Range),Electric Water Heater

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: 6,564
  • Total interior livable area: 1,441 sqft

Property

Features

  • Fencing: Partial,Chain Link,Masonry

Lot

  • Lot size: 6,158 sqft

Parking

  • Parking features: On Street,On Site
  • Has uncovered spaces: Yes

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

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Heat Wave
Cold 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 *$466$5,592
Property Taxes $559$6,708
Electricity $238$2,859
Total$3,412$40,944
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,982/yr
40% on housing$102,360/yr
45% on housing$90,986/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

$295This listing

vs Other Active Listings

Avg $/sqft

ZIP 78040$83
Webb County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 78040$100
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
2026-06-19Listed for sale$425,000
2024-04-26Listing removed--
2024-03-25Price change$750
2024-03-01Price change$800
2023-11-28Listed for rent$850
2022-07-08Listing removed--
2022-06-07Listed for rent$625
2021-07-28Listing removed--
2021-07-02Listed for rent$625
2016-04-21Sold--

For Sale by Agent

AgentHector Alaniz
BrokerageRE/MAX Real Estate Services

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