511 E Loop 374, Palmview, TX 78572
COMMERCIAL - Palmview, TX
- Added:
- Dec 31, 2025
- Days on Market:
- 171
- Last Refresh:
- Jun 20 at 2:06 am
Property Features for 511 E Loop 374
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M1
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- D280000002000300
- Size
- 22,354 SF
- Lot size
- 36.24 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Annual Amount
- 22046
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1983
- Floors in Building
- 1
Listing agent Jaime Lee Gonzalez (956) 599-8400
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Dec 31, 2025
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 340 full hook‑up sites with 30/50 amp service in a gated community.
- Prime location on Business 83, close to retail and shops.
- Executive access to El Nino 9‑hole golf course.
- Amenities include laundry room, walking trails, and heated in‑ground pool.
- Storage available for trailers and recreational vehicles.
- 6 acres of unimproved open land for expansion.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $370.2k | $16.56 |
| − Vacancy | −$42.9k | −$1.92 |
| EGI | $327.2k | $14.64 |
| − OpEx | −$147.3k | −$6.59 |
| NOI | $180.0k | $8.05 |
Alternative Uses
Current Use by Public Records
Map
- City
- Palmview
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.367695
- Latitude
- 26.218166
