$594,976
NAL Estimated Property Value913 S Airport Dr, WESLACO, TX, 78596
Off Market
Commercial
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile, Vinyl
Exterior
Lot Size29,390 sqft
Building Information
Year Built1990
Stories1
Roof Type105
Land Information
APNJ5370-00-000-0002-00
Lot Number2
SubdivisionJo-Lene Addition - Swl
Land UseCommercial
Legal DescriptionJO-LENE ADDITION S99.58' LOT 2
Census Tract022704
Assessed Land Value$205,744
Assessed Improvement Value$389,232
Assessment Year2025
About this property
Nice office building located in the medical district near Knapp Hospital in Weslaco. Building needs new roof and minor repairs to the interior. This property was previously listed for $515,000.00 (MLS#247154078). 1,660 square feet of space is currently leased at a rate of $1,900 per month. Additional lease information available upon request for qualified buyers. 29,392 square foot lot provides plenty of parking and space for expansion.
Investor Tools
$594,976
Estimated Property Value
$215,111Estimated Mortgage Balance
$379,865Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,297/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,589
$594,976
2025
$205,744
$389,232
$594,976
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,589
$594,976
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Unknown
$279,200
No
First
Aug 10, 2015
Aug 2020
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,111
$379,865
63%
36%
$1,674/mo
