Mixed-Use Property with
1106 N Alton Boulevard, Alton, TX 78573
For Sale
New
$260,000
A single-family residence behind the office adds a residential component to the commercial parcel.
Property Size2,088 SF
Lot Size0.44 Acres
Price / SF$124.52
Days on Market2
Property Features for 1106 N Alton Boulevard
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Mixed-Use Components
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
RE/MAX elite
(956) 583-2100
Listed By:
Yanett Rodriguez
(956) 522-8213
Source:
Culturare
Added: Nov 6
Last Checked: Nov 6 at 2:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX elite
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,088-square-foot mixed-use property includes office space at the front and a single-family home at the rear. The residence needs work, offering a separate residential component alongside the commercial space. Built in 1980, the property occupies 0.44 acres in Alton, Texas.
Key Highlights
- 0.44‑acre parcel with commercial office space and a single‑family home
- Office space positioned at the front of the property
- Single‑family residence at the rear needs work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,141
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,820
$422.8K
Cap Rate 7%
$302,014
$302.0K
Cap Rate 9%
$234,900
$234.9K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$37.6K $18.00/SF
− Vacancy
−$3.8K −$1.80/SF
EGI
$33.8K $16.20/SF
− OpEx
−$12.7K −$6.07/SF
NOI
$21.1K $10.13/SF
Area
Hidalgo County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,820
Cap Rate 7%
$302,014
Cap Rate 9%
$234,900
Alternative Uses
Best Use
Office B
$498.9K
$436.6K – $582.1K
NOI $34,926 @ 7.0% cap · market cap 13.43%
Second Best
Mixed Use
$302.0K
$264.3K – $352.4K
NOI $21,141 @ 7.0% cap · market cap 8.13%
Theoretical Best
Hotel Hospitality
$1.57M
$1.38M – $1.83M
NOI $110,090 @ 7.0% cap · market cap 42.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Hidalgo County, TX
Properties on Market for Mixed-use properties in Hidalgo County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A single-family residence behind the office adds a residential component to the commercial parcel.
Where is this mixed-use property located?
The property is located at 1106 N Alton Boulevard Alton, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 0.44‑acre parcel with commercial office space and a single‑family home; Office space positioned at the front of the property; Single‑family residence at the rear needs work
