Mixed-Use Property with
For Sale
$699,000
1911 Laurel Court, Donna, TX 78537
The site includes an upper-level event space, a single-family home, a pool and a former gas station canopy.
Property Size4,898 SF
Price / SF$142.71
Days on Market8
Property Features for 1911 Laurel Court
General Information
Standard status
Active
Size
4,898 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,872
Amenities
Storage
Mature Trees
Building Details
Building Size
4,898 SF
Year Built
2004
Stories
1
Listing Agency:
Effective Real Estate
(956) 322-8522
Listed By:
Ryan J. McDaniel
(956) 299-2111
Source:
Justrealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 26 at 4:11AM
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 Effective Real Estate
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Investment Insights
Based on property information with market context.
The mixed-use property includes a drive-through, an upper-level space used as a private event center, a single-family home, a former gas station canopy and a swimming pool. The event space measures approximately 2,544 square feet, and the home contains 2,314 square feet and was built in 2007.
The property sits at the intersection of FM 493 and Laurel Court, with just over 500 feet of frontage on FM 493.
The property sits at the intersection of FM 493 and Laurel Court, with just over 500 feet of frontage on FM 493.
Key Highlights
- Just over 500 ft of frontage on FM 493
- Approximately 2,544 square feet of upper‑level space used as a private event center
- Single‑family home contains 2,314 square feet and was built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,592
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,840
$991.8K
Cap Rate 7%
$708,457
$708.5K
Cap Rate 9%
$551,022
$551.0K
Market Conditions
NOI Build-Up for 4,898 SF
Gross rent
$88.2K $18.00/SF
− Vacancy
−$8.8K −$1.80/SF
EGI
$79.3K $16.20/SF
− OpEx
−$29.8K −$6.07/SF
NOI
$49.6K $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%
$991,840
Cap Rate 7%
$708,457
Cap Rate 9%
$551,022
Alternative Uses
Best Use
Mixed Use
$708.5K
$619.9K – $826.5K
NOI $49,592 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.69M
$3.23M – $4.30M
NOI $258,247 @ 7.0% cap · market cap 36.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The site includes an upper-level event space, a single-family home, a pool and a former gas station canopy.
Where is this mixed-use property located?
The property is located at 1911 Laurel Court Donna, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Just over 500 ft of frontage on FM 493; Approximately 2,544 square feet of upper‑level space used as a private event center; Single‑family home contains 2,314 square feet and was built in 2007
