Mission Event Space with
6200 N Bentsen Palm Drive, Mission, TX 78574
- Added:
- May 6, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 1 at 1:06 am
Property Features for 6200 N Bentsen Palm Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 24
- Parking features
- Off Street
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- B190037000001000
- Size
- 1,225 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4291
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Building materials
- Block
- Roof type
- Shingle
Listing agent Fernando Corral Sandoval (956) 576-3282
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date May 6, 2026
MLS# 500000
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
- Income‑producing event space with full amenities and 24+ parking spaces.
- Includes a leased 3‑bedroom residence for additional income.
- Large, fully equipped, and paved event space on 0.50 acres.
- Functional pool with mesh shade and a large covered canopy.
- Private, fully fenced layout ideal for hosting events.
- High‑traffic location on N Bentsen Palm Rd, offering great accessibility and visibility.
Overview
This income-producing property is situated on 0.50 acres on N Bentsen Palm Rd, conveniently located minutes from Mile 5 & La Homa Rd. It features a flexible, fully equipped, and paved event space with strong income potential, along with a 3-bedroom, 1-bath residence that is currently leased. The property includes a large covered canopy and a functional pool with a mesh shade to minimize maintenance. The private, fully fenced layout is ideal for hosting events. The venue is equipped with men's and women's restrooms, a bar area, a grilling station, refrigeration, and built-in coolers. There are 24+ parking spaces with additional overflow available. The property is ideal for hosting birthdays, graduations, baby showers, gender reveals, and other private events. Located across from Salinas Middle School on a high-traffic road, the property offers great accessibility and visibility. Separate entrances are provided for the home and event area.
Local Financial Insights For Specialty Retail
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 | $25.1k | $20.52 |
| − Vacancy | −$1.4k | −$1.17 |
| EGI | $23.7k | $19.35 |
| − OpEx | −$5.9k | −$4.84 |
| NOI | $17.8k | $14.51 |
1,225 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$254.0K
$222.2K – $296.3K
NOI $17,778 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$922.7K
$807.4K – $1.08M
NOI $64,588 @ 7.0% cap · market cap 21.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
E&B Pool and Party
Wedding Service
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.359997
- Latitude
- 26.292102
Nearby Similar for Sale
FAQs
What type of property is this?
Wedding venue - Income-producing event space with residence on 0.50 acres.
Where is this wedding venue located?
The property is located at 6200 N Bentsen Palm Drive Mission, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Income‑producing event space with full amenities and 24+ parking spaces.; Includes a leased 3‑bedroom residence for additional income.; Large, fully equipped, and paved event space on 0.50 acres.
