Commercial Property with Varied
1911 Laurel Court Donna, TX 78537
For Sale
$699,000
COMMERCIAL - Donna, TX
Property Size4,898 SF
Lot Size0.62 Acres
Price / SF$142.71
Days on Market211
Property Features for 1911 Laurel Court
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Storage, Mature Trees
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- C414300000002700
- Size
- 4,898 SF
- Lot size
- 0.62 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 6872
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Building materials
- Aluminum Siding, Stucco, Wood Siding
- Roof type
- Shingle, Metal
- Additional Structures
- Storage
Listing Agency:
Effective Real Estate
(956) 322-8522
Listed By:
Ryan J. Mcdaniel
(956) 299-2111
Added: Dec 26, 2025
Changed: May 14
Last Checked: Jul 25 at 6:06AM
MLS# 429358
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.
Investment Insights
Based on property information with market context.
This commercial property is located at the intersection of FM 493 and Laurel Ct. It features frontage of just over 500 ft on FM 493. The property includes a drive-through, a single-family home, a former gas station canopy, and a swimming pool. The space above the drive-through is approximately 2544 square feet and is currently used as a private event center. The single-family home, constructed in 2007, has 2314 square feet. The total property size is 4898 square feet, situated on a lot of 0.6215 acres in Donna, Texas.
Key Highlights
- Over 500 ft of frontage on FM 493
- Located at the intersection of FM 493 and Laurel Ct
- 2544 sqft private event center above the drive‑through
Financial Insights For Industrial
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 | $39.4k | $8.04 |
| − Vacancy | −$2.6k | −$0.52 |
| EGI | $36.8k | $7.52 |
| − OpEx | −$11.0k | −$2.26 |
| NOI | $25.8k | $5.26 |
4,898 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.02M
$888.6K – $1.18M
NOI $71,084 @ 7.0% cap · market cap 10.17%
Second Best
Retail
$944.8K
$826.7K – $1.10M
NOI $66,134 @ 7.0% cap · market cap 9.46%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Las margaritas
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Gas station - Property featuring drive-through, home, canopy, event center, and pool.
Where is this gas station 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: Over 500 ft of frontage on FM 493; Located at the intersection of FM 493 and Laurel Ct; 2544 sqft private event center above the drive‑through
