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$400,000

1121 Saltillo St, Edinburg, TX, 78539

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,680 Sq Ft
price_per_sqft$149.25 / sqft
Year BuiltBuilt in 1989

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesMature Trees
Lot Size12,637 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces4

Land Information

APNM4750-00-005-0033-00
Lot Number32
SubdivisionMirasol
Land UseCommercial
Legal DescriptionMIRASOL LOTS 32-33 BLK 5
Census Tract023805
Assessed Land Value$189,570
Assessed Improvement Value$96,898
Assessment Year2025

About this property

Discover a versatile commercial opportunity in a highly visible corner location at 1121 Saltillo St. in Edinburg. Situated directly across from Travis Elementary School and conveniently located near Memorial Park with easy access to I-69C, this property offers excellent exposure and accessibility in an established area. Currently operating as a licensed daycare, the business generates over $100,000 annually, with the option to acquire the existing daycare operation along with the real estate. The location offers strong potential for continued childcare operations or a variety of other commercial and educational uses. Seller is willing to consider owner financing with $180,000 down, creating an excellent opportunity for an investor or entrepreneur seeking a strategically located property with an established income-producing business.

Investor Tools

$23,608Estimated Mortgage Balance
$263,480Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Damian Ortuno

Golden Valley Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,879
$286,468
2025
$189,570
$96,898
$286,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,879
$286,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank
Commercial
$48,750
No
First
Aug 22, 2006
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,608
$262,860
91%
8%
$293/mo

City: Edinburg

1121 Saltillo St | Property Details | No Agent List