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$594,976

NAL Estimated Property Value

913 S Airport Dr, WESLACO, TX, 78596

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths5,161 Sq Ft
price_per_sqft$67.62 / sqft
Year BuiltBuilt in 1990

Highlights

Interior

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

Property Icon
$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

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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

City: WESLACO

913 S Airport Dr | Property Details | No Agent List