Mixed-Use Retail and
For Sale
$325,000
705 N Broadway Street, Elsa, TX 78543
COMMERCIAL - Elsa, TX
Property Size5,969 SF
Lot Size0.29 Acres
Price / SF$54.45
Days on Market94
Property Features for 705 N Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
14
Parking features
On Street, Off Street
Exterior features
Balcony, Workshop
Appliances
Electric Water Heater
Subdivision
Elsa Townsite
Lot features
Downtown
Directions
East on 107 , Turn N on Broadway. Property will be on W side.
Standard status
Active
APN
E540000018001300
Size
5,969 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5292
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1990
Floors in Building
2
Building materials
Solid Masonry
Roof type
Metal, Flat
Additional Structures
Workshop
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #0530155
(956) 821-9990
Added: Apr 29
Changed: Jul 29
Last Checked: Jul 31 at 2:06PM
MLS# 502332
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 mixed-use commercial building includes a retail storefront and 12 apartment-style rooms currently used as rentals. The residential portion is configured with 4 bathrooms and 2 kitchens, supporting functional living arrangements for tenants.
The property is located at 705 N Broadway Street in Elsa, Texas. The apartment unit income is reported as $2,400 per month.
For buyers seeking a combined retail and residential setup, the building provides both a storefront component and an income-producing residential component within the same property.
The property is located at 705 N Broadway Street in Elsa, Texas. The apartment unit income is reported as $2,400 per month.
For buyers seeking a combined retail and residential setup, the building provides both a storefront component and an income-producing residential component within the same property.
Key Highlights
- 1990‑built mixed‑use retail building with solid masonry construction
- 12 rooms currently used as apartment‑style rentals
- Apartment rental income of $2,400 per month (reported in remarks)
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78543, TX
7,535
Population
3,018
Households
2.5
Avg Household Size
33
Median Age
9%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
1,177
Density / Sq Mi
$47,657
Median Household Income
$30,960
Median Earnings
$759
Median Rent
$85,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Garza's Flower Shop — 119 Broadway St, Elsa, TX 78543
- Elegance Flower Shop — 517 E Ricky Crossland Ave, Elsa, TX 78543
- DGlobos DFlores Arrangement Bar — 216 Broadway St, Elsa, TX 78543
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront plus 12 apartment-style rooms, with 4 bathrooms and 2 kitchens, generating $2,400 in monthly apartment income.
Where is this storefront property located?
The property is located at 705 N Broadway Street Elsa, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1990‑built mixed‑use retail building with solid masonry construction; 12 rooms currently used as apartment‑style rentals; Apartment rental income of $2,400 per month (reported in remarks)
