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$500,000

111 S 21st St, McAllen, TX, 78501

On MarketInfo
CommercialInfo
Baths0 Bath
Baths6,351 Sq Ft
price_per_sqft$78.73 / sqft
Year BuiltBuilt in 1976

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesWater Heater
FlooringConcrete

Exterior

Exterior FeaturesNone

Building Information

Garage Spaces12

About this property

Prime commercial opportunity in the heart of McAllen — situated just steps from Business 83 and S 23rd Street in one of the city's most established downtown corridors. This auto repair facility offers unbeatable visibility and easy access for customers and commuters alike, with steady traffic flow and close proximity to downtown McAllen's core businesses and services. The 6,351 sq ft commercial building sits on an irregular 7,000 sq ft lot and includes multiple service bays for a full range of auto repair work, along with a small office/reception area for customer check-in and daily operations, plus ample off-street parking. Whether continuing as an auto service business or repositioning for another commercial use, this downtown McAllen location offers the exposure and accessibility that's hard to find. Schedule your showing today.

Investor Tools

$0Estimated Mortgage Balance
$125,736Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Jisella Ortiz

Monarca Real Estate Group LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

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: McAllen

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111 S 21st St | Property Details | No Agent List