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$1,600,000

12205 N Fm 88, Weslaco, TX, 78599

On MarketInfo
Beds— Beds
Baths— Bath
Baths14,699 Sq Ft
price_per_sqft$108.85 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.94 acres

Building Information

Year Built2015
Stories1
Roof Type183

Land Information

APNW3800-00-412-0000-03
SubdivisionWest Tract - Swl
Land UseNeighborhood Center
Legal DescriptionWEST TRACT S 312'-E 350' FT 412 2.51AC GR 1.94 AC NET
Census Tract024406
Assessed Land Value$85,069
Assessed Improvement Value$876,047
Assessment Year2025

About this property

Prime Investment Opportunity in the Growing Weslaco/Elsa Corridor! This well-maintained strip center offers a diverse tenant mix including office, restaurant, drive-thru, and retail spaces. Built in 2015, the property consists of approximately 14,699 square feet of leasable space and features 36 on-site parking spaces. Strategically positioned on FM 88 at Mile 14 ½ N, the center benefits from excellent visibility and convenient access from both Weslaco and Elsa, serving a rapidly growing trade area. According to 2024 TxDOT data, the location has an average daily traffic count of approximately 13,369 vehicles, providing strong exposure for tenants. Offered at a price reflecting an attractive above 9% cap rate, this income-producing asset presents an exceptional opportunity for investors seeking strong cash flow and a stabilized commercial property in one of the Rio Grande Valley's expanding markets. Call today for more info!

Investor Tools

$0Estimated Mortgage Balance
$525,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,229
$525,000
2025
$85,069
$876,047
$961,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,229
$525,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$525,000
100%
0%
$0/mo

City: Weslaco

12205 N Fm 88 | Property Details | No Agent List