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    Property profile & analytics

    215 Texas Blvd Weslaco, TX 78596

    • Sports & entertainment properties
    • 3,750 SF
    • 0.06 lot acres
    For Sale
    View listing
    $489,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-4625742
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Renatta's Event Center / Event Venue
    • Ultimate Do Spa & Salon / Beauty Salon

    Property Details for 215 Texas Blvd

    Year built
    1978
    Lot size
    0.06 lot acres
    Property size
    3,750 SF
    Property type
    Sports & entertainment properties
    APN
    W2300-00-013-0027-00
    APU
    W230000013002700

    Description

    This exceptional, fully occupied mixed-use property in Weslaco, Texas, presents a unique investment opportunity. Located at 215 S Texas Blvd, this Class A, fee-simple building boasts 3,750 square feet on a 0.06-acre lot. The 2-story structure, renovated in 2020, features eight units: an event center, a separate hair salon space, and six vintage studio loft apartments, generating multiple income streams. The building benefits from 100% occupancy with six tenants under a gross lease. The asking price is $489,000 ($130.40/sq ft). Situated in the heart of historic downtown Weslaco, adjacent to the iconic El Tinaco water tower, this property enjoys high visibility on Texas Blvd, a major arterial roadway, with excellent frontage. The permitted commercial zoning and strong local growth in both residential and commercial sectors make this a compelling investment for owner-users or investors seeking a blend of history and high return. The building's prime location offers easy access to major downtown landmarks and high traffic counts on Texas Boulevard (14,815 VPD) and Business Highway 83 (15,563 VPD). This is a rare chance to acquire a piece of Weslaco's rich history and capitalize on its vibrant future.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $415,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $335,000
      Mixed-Use
      $435,000
      Hospitality
      $425,000
      Educational
      $355,000
      Residential Income
      $335,000
      Energy
      $430,000
      Income-Based Land
      $425,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9904
    Latitude
    26.161
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,166
    $35,475
    $88,223
    $123,698
    -
    $35,475
    $88,223
    $123,698

    Comparable in this City

    • Value Estimation
      $540,000
      4,536 SF

      623 Business 83

      RECREATIONAL, ENTERTAINMENT • 4,536 SF
      623 Business 83, Weslaco, TX 78596-6355
      View Details
    • Value Estimation
      $600,000
      3,120 SF

      Fm 1015

      RECREATIONAL, ENTERTAINMENT • 3,120 SF
      Fm 1015, Weslaco, TX 78596
      View Details
    • Value Estimation by Request
      27,347 SF

      2113 Expy 83

      THEATER (MOVIE) • 27,347 SF
      2113 Expy 83, Weslaco, TX 78596-3910
      View Details
    • Value Estimation by Request

      204 Westgate Dr

      Land
      204 Westgate Dr, Weslaco, TX 78596
      View Details
    • Value Estimation by Request

      2905 Charlie Rd

      Multifamily properties
      2905 Charlie Rd, Weslaco, TX 78596
      View Details
    • Value Estimation by Request
      9.47 Acres

      Lion Lake Dr

      Land • 9.47 Acres
      0 Lion Lake Dr, Progreso Lakes, TX 78596
      View Details

    Similar Nearby for Sale

    • $499,000
      5,952 SF

      Weslaco Six-Unit Apartment Complex

      Six-unit apartment complex built in 2010 on a corner lot.
      3523 Mile 6 1/2 West, Weslaco, TX 78596
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    • $68,000
      0.16 Acres

      Residential Lot in Weslaco, TX

      Residential lot near shopping, schools, and amenities in Weslaco.
      2308 Camille St, Weslaco, TX 78596
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    • $65,000
      0.15 Acres

      Residential Lot in Weslaco, TX

      Residential lot near shopping, schools, and amenities in Weslaco.
      2204 Emily St, Weslaco, TX 78596
      View Details
    • $2,490,000
      12.22 Acres

      Weslaco Commercial Land - 12 Acres

      Prime Weslaco land, ideal for redevelopment.
      1214 Bridge Ave, Weslaco, TX 78596
      View Details
    • $992,000
      7,488 SF

      Weslaco Office Building - 2 Acres

      Prime Weslaco office, 7,488 SF, income producing.
      623 International Blvd, Weslaco, TX 78596
      View Details
    • $1,500,000
      0.69 Acres

      Weslaco Expressway Office Building

      Prime Commercial Property, High Visibility
      1420 Interstate Hwy, Weslaco, TX 78596
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,750 SF

      Weslaco Commercial Land Opportunity

      Prime .48-acre lot, build-to-suit available.
      503 Illinois Ave, Weslaco, TX 78596
      View Details
    • $1,300 /Mo
      1,250 SF

      Versatile Commercial Space Available

      1,250 SF space ideal for office, retail, or medical.
      623 S Texas Blvd, Weslaco, TX 78596
      View Details
    • $500 /Mo
      6,424 SF

      Weslaco Office Building For Lease

      5,778 SF office space in high-visibility Weslaco location.
      108 E 3Rd St, Weslaco, TX 78596
      View Details
    • $15 SF/Yr
      9,600 SF

      Weslaco Medical Office Space

      Prime Medical Office, Weslaco, TX
      1525 6Th St, Weslaco, TX 78596
      View Details
    • Contact for pricing
      170 SF

      Weslaco Office Suite for Lease

      Prime Weslaco location, 170 sq ft office.
      150 Texas Blvd, Weslaco, TX 78596
      View Details
    • $15 SF/Yr
      3,600 SF

      Weslaco Retail Space for Lease

      High-traffic retail space in prime Weslaco location
      1601 Us Hwy Business 83 St, San Juan, TX 78596
      View Details
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    215 Texas Blvd
    Weslaco, TX 78596
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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