402 E Lane St
Laredo, TX 78040
Eastern Division
Studio
3 Baths
1,792 sqft (on 0.35 acres)
Studio
3 Baths
1,792 sqft
(on 0.35 acres)
Homes for sale near 402 E Lane St
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Local Information
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Description
**Great Investment Opportunity: 11-Unit Apartment Complex with Storefront** - **Property Details:** - **Total Units**: 11 - **Commercial Space**: Small storefront included - **Basement**: Yes - **Occupancy Rate**: 100% - **Location**: Ideally situated in a thriving neighborhood ensuring consistent rental income and foot traffic for the storefront.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 02, 2025
Home Highlights
Parking
Open Parking
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$159/sqft
Listed
180+ days ago
Home Details for 402 E Lane St
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Beds & Baths Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 1792 Square Feet |
Appliances & Utilities Utilities: Underground Utilities, Sewer ConnectedAppliances: Efficiency (Refrigerator), Efficiency (Range), One Bedroom (Refrigerator), One Bedroom (Range), Two Bedroom (Refrigerator), Two Bedroom (Range), Two Bedroom (Washer/Dryer), Electric Water HeaterLaundry: 1 Bedroom (W/D Hookup),2 Bedrooms (W/D Hookup) |
Heating & Cooling Heating: Central Electric,Space HeaterHas CoolingAir Conditioning: Central Electric,Window Unit(s)Has HeatingHeating Fuel: Central Electric |
Windows, Doors, Floors & Walls Flooring: Hardwood, Tile, Vinyl |
Levels, Entrance, & Accessibility Floors: Hardwood, Tile, Vinyl |
Security Security: Burglar Bars |
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Exterior Home Features Roof: Shingle CompositionPatio / Porch: Efficiency (Balcony/Patio), One Bedroom (Porch)Fencing: Partial, Chain Link |
Parking & Garage No Attached GarageHas Open ParkingParking: Parking Lot,On Street |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Apartment |
Building Construction Materials: Brick and Block, Vinyl Siding |
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Price List Price: $400,000Price Per Sqft: $159/sqft |
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MLS Status: SOLD |
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Direction & Address City: LaredoCommunity: Eastern Division |
School Information Elementary School District: LaredoJr High / Middle School District: LaredoHigh School District: Laredo |
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Building Area Building Area: 9558 Square Feet |
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Lot Area: 0.35 acres |
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Listing Terms: Cash, Conventional |
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Lease Term: Month To MonthOwner Pays: None |
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Mls Number: 20251779 |
Last check for updates: about 16 hours ago
Listed by Alexandra Herrera, (956) 251-3063
Texas Elite Realty Group
Bought with: Charles Dalrymple, (956) 635-0356, Texas Elite Realty Group
Source: LAR, MLS#20251779
Price History for 402 E Lane St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/31/2025 | -- | Sold | LAR #20251779 |
| 10/01/2025 | $400,000 | Pending | LAR #20251779 |
| 07/31/2025 | $400,000 | PriceChange | LAR #20251779 |
| 07/05/2025 | $170,000 | PriceChange | LAR #20252899 |
| 06/23/2025 | $450,000 | PriceChange | LAR #20251779 |
| 06/10/2025 | $480,900 | PriceChange | LAR #20251779 |
| 05/26/2025 | $499,900 | PriceChange | LAR #20251779 |
| 05/15/2025 | $520,000 | PriceChange | LAR #20251779 |
| 04/29/2025 | $525,000 | Listed For Sale | LAR #20251779 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $72,077 |
Home facts updated by county records
Comparable Sales for 402 E Lane St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | - | 04/30/26 | 2 | 3 | 1,980 | |
0.55 | Multi-Family Home | - | 08/01/25 | 2 | 2,200 | ||
1.01 | Multi-Family Home | - | 09/26/25 | 3 | 3 | 1,682 | |
0.69 | Multi-Family Home | - | 09/26/25 | 2 | 1,090 | ||
0.45 | Multi-Family Home | - | 04/27/26 | 1 | 728 | ||
0.91 | Multi-Family Home | - | 05/22/25 | 2 | 1,439 | ||
0.61 | Multi-Family Home | - | 07/31/25 | 5 | - | ||
1.36 | Multi-Family Home | - | 12/01/25 | 2 | 1,525 | ||
1.19 | Multi-Family Home | - | 10/23/25 | 2 | 1,104 |
Assigned Schools
These are the assigned schools for 402 E Lane St.
- J C Martin Jr Elementary School
- PK-5
- Public
- 483 Students
8/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Nixon High School
- 9-12
- Public
- 2218 Students
3/10GreatSchools RatingParent Rating AverageNixon High School has a horrid academic curriculum. For example, the AP U.S. History Class is foregoing their final exam and is opting instead to decorate a cereal box in lieu of an examination to test the students' knowledge of the subject. In my opinion, this is very juvenile on behalf of the teacher, and not contributive in the least to an advanced placement course. Nixon High also has an assistant principal who is extremely rude and combative to parents who question the school's methodology. In particular, the student registration and course scheduling system that Nixon High School uses is antiquated at best, and puts an unnecessary burden on both parents and students. Waiting in line for hours to register for high school classes has practically been eliminated in other areas of the nation, but this school district is clinging to doing things the same way they always have, which results in students not being placed into the classes they need in order to graduate, and instead being placed into electives, or wherever there is a space available.In conclusion, Nixon High is an overall poor quality school, not at all suitable to students who show any type of want for a diverse education or an accellerated course of study.Parent Review9y ago - Memorial Middle School
- 6-8
- Public
- 668 Students
5/10GreatSchools RatingParent Rating AverageN/AStudent Review16y ago 
Check out schools near 402 E Lane St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Eastern Division
At least 99 Trulia users voted on each feature.
77 % Say parking is easy
76 % Say yards are well-kept
71 % Say there's holiday spirit
71 % Say car is needed
58 % Say there are sidewalks
56 % Say they plan to stay for at least 5 years
54 % Say it's dog friendly
50 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
45 % Say people would walk alone at night
43 % Say it's quiet
43 % Say kids play outside
41 % Say neighbors are friendly
35 % Say streets are well-lit
31 % Say there's wildlife
22 % Say there are community events
Learn more about our methodology.
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© 2026 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Homes for rent near 402 E Lane St
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402 E Lane St, Laredo, TX 78040 is a studio, 3 bathroom, 1,792 sqft multi-family. 402 E Lane St is located in Eastern Division, Laredo. This property is not currently available for sale. 402 E Lane St was last sold on Oct 31, 2025 for $285,000 (29% lower than the asking price of $400,000). The current Trulia Estimate for 402 E Lane St is $389,600.