150 Texas BlvdWeslaco, TX 78596

  • Office buildings
  • 2,688 SF

Property Details for 150 Texas Blvd

Year built
1940
Lot size
0.06 AC
Property size (Sq ft)
2,688 SF
Property type
Office buildings
APN
W2300-00-001-0010-00
APU
W230000001001000

Description

This 170-square-foot office suite is available for lease in Weslaco, Texas, located at 150 S Texas Boulevard #4. The single-tenant space is situated on a 0.063-acre lot and is part of a single-story building constructed in 1940. Utilities are included, encompassing water, trash, electricity, and internet access. A shared lobby common area is available for tenants. The property benefits from a high-traffic location on a main Weslaco street, making it ideal for businesses seeking high visibility. The property type is listed as both office and land, suggesting potential for various uses. This location is particularly well-suited for startups or small businesses requiring a conveniently located and fully serviced office space. The building's total square footage is 170 square feet, with all of it currently vacant and ready for immediate occupancy. The property is located in Hidalgo County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $448,430
    6.5%
    $413,935
    7%
    $384,368
  • Comparable approach

    Method
    Valuation
    Relative Method
    $276,332
    Geo Method
    $610,902
  • Alternative Use

    Use
    Valuation
    Residential Income
    $513,279
    Hospitality / Lodging
    $470,161
    Institutional / Educational
    $391,169
    Healthcare / Senior Housing
    $404,621
    Retail / Commercial
    $608,484

Location Insight

City
Weslaco
County
Hidalgo
State
Texas
Latitude
26.1619
Longitude
-97.991
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,272
$35,475
$53,294
$88,769
-
$35,475
$53,294
$88,769

FAQs

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