Search
Leased Event Venue Property
For Sale
$1,200,000

11723 N Fm 88, Weslaco, TX 78599

Fully leased event venue with a ballroom, stage, commercial kitchen, and fenced grounds with paved parking.

Property Size10,320 SF
Lot Size2.15 Acres
Price / SF$116.28
Days on Market49

Property Features for 11723 N Fm 88

General Information

Standard status Active
Size 10,320 SF
Lot size 2.15 Acres

Additional Details

Business Included Yes
Fenced Yard Yes

Taxes and HOA fees

Annual Taxes $4,198
Listing Agency: eXp Realty LLC
Listed By: Ronaldo (Ronnie) Esparza
Source: Exprealty
Added: Jul 7 Changed: Aug 24 Last Checked: Aug 23 at 1:14PM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

This fully leased event venue features a grand foyer and a spacious ballroom with a stage and soaring ceilings, along with wood-accented interior elements. The layout also includes kitchen/bar access, restrooms, a manager’s office, and a large commercial kitchen with storage. Exterior improvements include a gated entrance, attractive landscaping, a fully fenced perimeter, and expansive paved parking.

The property is located directly off FM 88 between Weslaco and Elsa at Mile 14 1/2 N, providing convenient access for event operations. It is currently operating as an established event venue under an existing lease.

Designed for hosted events, the interior configuration supports guest circulation and back-of-house functions through dedicated kitchen/bar access and on-site storage, while the fenced and gated grounds support secure on-site parking and entry.

Key Highlights

  • Fully leased event venue (The Hitching Post) formerly Guerra's Ballroom, built in 2012
  • About 10,320 SF on 2.15 acres with a spacious ballroom and stage
  • Large commercial kitchen with storage plus kitchen/bar access from the ballroom

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Plumbing Service Garden Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,196 visits/mo 0.1 miles

Demographics for 78599, TX

32,500
Population
9,945
Households
3.3
Avg Household Size
29
Median Age
16%
College-Educated
67%
High-School Grad
26.5 sq mi
ZIP Area
1,226
Density / Sq Mi
$55,939
Median Household Income
$27,841
Median Earnings
$954
Median Rent
$113,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Wedding venue - Fully leased event venue with a ballroom, stage, commercial kitchen, and fenced grounds with paved parking.
Where is this wedding venue located?
The property is located at 11723 N Fm 88 Weslaco, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully leased event venue (The Hitching Post) formerly Guerra's Ballroom, built in 2012; About 10,320 SF on 2.15 acres with a spacious ballroom and stage; Large commercial kitchen with storage plus kitchen/bar access from the ballroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message