Mixed-Use Property with Rental
For Sale
$1,695,000
1428 N Cesar Chavez Road, Alamo, TX 78516
Commercial Sale, Alamo, TX
Property Size6,257 SF
Lot Size5.00 Acres
Price / SF$270.90
Days on Market48
Property Features for 1428 N Cesar Chavez Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
66
Parking features
Garage
Patio and Porch features
Patio
Exterior features
BBQ Pit/Grill, Motorized Gate
Fencing
Gate
Appliances
Electric Water Heater
Subdivision
Alamo Land & Sugar Co
Directions
From Nolana Avenue, travel north on N. Cesar Chavez Road. The property is located a short distance north of Nolana Avenue on the east side of Cesar Chavez Road at 1428 N. Cesar Chavez Road, Alamo, Texas.
Standard status
Active
APN
A180000044000820
Size
6,257 SF
Lot size
5.00 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4053
Utilities
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Amenities
swimming pool
barn
covered gathering area
Building Details
Year built
2007
Floors in Building
1
Building materials
Aluminum Siding, Brick, Block, Vinyl Siding
Roof type
Composition, Metal
Listing Agency:
Effective Real Estate
(956) 322-8522
Listed By:
Esteban Flores
(512) 749-3897
Added: Sep 16
Changed: Oct 30
Last Checked: Nov 2 at 6:06AM
MLS# 515524
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.
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.
Set across three parcels totaling approximately 5 acres, this mixed-use property includes 10 rental units, a vacant commercial building, and two residences. The main home measures approximately 2,100 square feet and has a swimming pool; the second residence is approximately 1,001 square feet. A barn and covered gathering area are also part of the property, along with a BBQ pit/grill and motorized gate.
The parcels have frontage on N. Cesar Chavez Road. About half of the acreage remains available for future use. The pool, barn, and covered gathering area have been rented for private events, in addition to the residential rental units.
The parcels have frontage on N. Cesar Chavez Road. About half of the acreage remains available for future use. The pool, barn, and covered gathering area have been rented for private events, in addition to the residential rental units.
Key Highlights
- 10 rental units across approximately 5 acres and three parcels
- Frontage on N. Cesar Chavez Road
- Vacant commercial building included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,352
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,267,040
$1.3M
Cap Rate 7%
$905,029
$905.0K
Cap Rate 9%
$703,911
$703.9K
Market Conditions
NOI Build-Up for 6,257 SF
Gross rent
$112.6K $18.00/SF
− Vacancy
−$11.3K −$1.80/SF
EGI
$101.4K $16.20/SF
− OpEx
−$38.0K −$6.07/SF
NOI
$63.4K $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%
$1,267,040
Cap Rate 7%
$905,029
Cap Rate 9%
$703,911
Alternative Uses
Best Use
Mixed Use
$905.0K
$791.9K – $1.06M
NOI $63,352 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$719.7K
$629.7K – $839.6K
NOI $50,378 @ 7.0% cap · market cap 2.97%
Theoretical Best
Hotel Hospitality
$4.71M
$4.12M – $5.50M
NOI $329,900 @ 7.0% cap · market cap 19.46%
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
Lease Details
10
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 78516, TX
34,506
Population
12,469
Households
2.8
Avg Household Size
32
Median Age
12%
College-Educated
59%
High-School Grad
37.8 sq mi
ZIP Area
913
Density / Sq Mi
$51,547
Median Household Income
$26,908
Median Earnings
$743
Median Rent
$102,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines residential rentals, two homes, a vacant commercial building, and amenities used for private events.
Where is this mixed-use property located?
The property is located at 1428 N Cesar Chavez Road Alamo, TX.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 10 rental units across approximately 5 acres and three parcels; Frontage on N. Cesar Chavez Road; Vacant commercial building included
