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$618,752

NAL Estimated Property Value

917 E Esperanza Ave, MCALLEN, TX, 78501

Off MarketInfo
Beds— Beds
Baths— Bath
Baths4,650 Sq Ft
price_per_sqft$182.8 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size19,550 sqft

Building Information

Year Built2005
Stories1
Roof Type183

Land Information

APNS6885-00-000-0021-00
Lot Number21
SubdivisionSummit Park North - Sml
Land UseCommercial
Legal DescriptionSUMMIT PARK NORTH LOT 21 & 22
Census Tract020907
Assessed Land Value$122,461
Assessed Improvement Value$496,291
Assessment Year2025

About this property

Presenting a remarkable office space opportunity, combining modern design with functionality. Located near McAllen's bustling medical district, 917 E Esperanza Ave offers a prime 4,650 sq ft office space on a 0.29-acre lot, The layout includes a reception area, multi-functional lobby/training area, and a private meeting room, ideal for various business activities. A unique middle island provides additional public office space, surrounded by eight private offices, and a kitchenette, fostering both collaboration and privacy. High-quality fully equipped space, built-in Herman Miller chairs and Steelcase office panel systems enhance the interior's comfort and productivity. Ample parking, including a rear carport area featuring six additional spots and two exits, ensures accessibility. Its location in an energetic neighborhood, with a balanced noise level, makes it ideal for businesses seeking a dynamic yet peaceful setting.

Investor Tools

Property Icon
$618,752
Estimated Property Value
$322,961Estimated Mortgage Balance
$295,791Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$907/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,790
$618,752
2025
$122,461
$496,291
$618,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,790
$618,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank In Falfurrias
Purchase Money Mortgage
$335,000
No
First
Apr 16, 2024
Apr 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,961
$295,791
47%
52%
$2,009/mo

City: MCALLEN

917 E Esperanza Ave | Property Details | No Agent List