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$2,528,461

NAL Estimated Property Value

2218 Tourist Dr, Edinburg, TX, 78539

Off MarketInfo
CommercialInfo
Baths22,270 Sq Ft
price_per_sqft$84.87 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size37,174 sqft

Building Information

Year Built2004
Stories2
Roof Type105

Land Information

APNE6120-00-000-0001-00
SubdivisionEnfield Townhomes Condos
Land UseCommercial
Legal DescriptionENFIELD TOWNHOMES CONDOS UNITS 1 THRU 19
Census Tract023905
Assessed Land Value$195,153
Assessed Improvement Value$2,333,308
Assessment Year2025

About this property

Position your business for success at 2218 Tourist Drive, a strategically located commercial property in one of Edinburg's fastest-growing corridors. Just minutes from University of Texas Rio Grande Valley and the high-traffic Interstate 69C / U.S. Highway 281 interchange, this site benefits from consistent daily traffic and strong demographic growth driven by nearby residential expansion and student population. This property offers excellent frontage and visibility along Tourist Drive, making it ideal for retail, professional office, medical, or service-oriented businesses. The surrounding area includes established neighborhoods, national retailers, and local businesses, creating a built-in customer base and steady foot traffic. Key highlights include: * High-visibility location with easy ingress/egress * Close proximity to UTRGV School of Medicine and major healthcare facilities * Minutes from Bert Ogden Arena, attracting year-round events and visitors * Strong daytime population driven by education, healthcare, and government sectors * Flexible use potential (verify zoning) for retail, office, or mixed-use development With Edinburg continuing to experience rapid economic and population growth, this property presents an excellent opportunity for owner-users, developers, or investors seeking long-term upside in the Rio Grande Valley market.

Investor Tools

Property Icon
$2,528,461
Estimated Property Value
$102,359Estimated Mortgage Balance
$2,426,423Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,171 /month
Positive
Cash Flow Estimate:
$5,057 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$48,781
$2,528,461
2025
$195,153
$2,333,308
$2,528,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$48,781
$2,528,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Axelrad Capital Llc
Unknown
$105,000
No
First
Dec 4, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,359
$2,426,102
95%
4%
$630/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: Edinburg

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2218 Tourist Dr | Property Details | No Agent List