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$254,648

NAL Estimated Property Value

102 E Colorado St, RIO HONDO, TX, 78583

Off MarketInfo
CommercialInfo
Baths8,000 Sq Ft
price_per_sqft$78.13 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size15,194 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN55-2000-0000-0011-00
Lot Number1,2
SubdivisionBrons Subdivision
Land UseCommercial
Legal DescriptionLOT 1 & 2 BRONS SUBDIVISION
Census Tract010101
Assessed Land Value$91,152
Assessed Improvement Value$163,496
Assessment Year2025

About this property

PROPERTY OVERVIEW +/- 8,000 sf Former Adult Day Care Center located on the main thoroughfare in Raymondville, Texas. Building offers several large areas for conferencing or activities, reception area with two (2) private offices, eight (8) restrooms, two (2) large work areas, kitchen with 3-compartment sink and vent hood and large area for activities. Recent TPO Roof and a Fully Sprinklered facility, the building can be utilized for another Adult day Care or Childrens Day Care, with a secure/outdoor area for play. Building is being sold with the Car Wash on the corner and property consists of two (2) City Lots.

Investor Tools

Property Icon
$254,648
Estimated Property Value
$0Estimated Mortgage Balance
$254,648Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,070
$254,648
2025
$91,152
$163,496
$254,648
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,070
$254,648

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,648
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: RIO HONDO

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102 E Colorado St | Property Details | No Agent List