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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Bars & Pubs
1106 Austin Ave Mcallen, TX 78501-4819
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2643565
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1928
Total area
13,139 SF
Lot
0.35 ac (15,059 SF)
Zoning code
C-3
APN
M1950-00-002-0001-01
UPID
US82-2643565
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PRAGA Nightclub Nightclub DJ & Entertainment
-
The Grove at Austin Street Bar & Pub
-
Monarkas Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$695k
Owner & transaction history
Titus Dev Ltd · 20 yrs held
Titus Dev Ltd
since 2006
7 recorded transactions
Zoning & alternative use
C-3 · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mcallen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcallen submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$53 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,338
Tax year 2022
Assessed value
$566,921
Assessed 2023
Previous assessed
$566,921
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$172,414
Assessed improvement
$394,507
Land market value
$172,414
Improvement market value
$394,507
Total market value
$566,921
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1928
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
13,139 SF
Lot
0.35 ac (15,059 SF)
Zoning code
C-3
APN
M1950-00-002-0001-01
UPID
US82-2643565
Jurisdiction
HIDALGO
Zoning & alternative use
C-3 · Mcallen, TX
Zoning C-3 · permitted uses
C-3 · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcallen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Titus Dev Ltd
Individual
Mailing address
3700 N 10TH ST STE #101, MCALLEN, TX 78501-1774
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2016
—
Titus Dev Ltd
—
Deed
related
—
Jun 15, 2010
—
Titus Dev Ltd
—
Trustees Deed
related
—
Feb 1, 2010
—
Titus Dev Ltd
—
Trustees Deed
related
—
Oct 7, 2009
—
Titus Dev Ltd
—
Trustees Deed
related
—
Jul 16, 2009
—
Titus Dev Ltd
—
Trustees Deed
related
—
Apr 24, 2009
—
Titus Dev Ltd
—
Trustees Deed
related
—
Mar 20, 2009
—
Titus Dev Ltd
—
Trustees Deed
related
—
Jun 3, 2008
—
Titus Dev Ltd
—
Trustees Deed
related
$800,000 · Texas State Bank
Apr 9, 2007
—
Titus Dev Ltd
—
Trustees Deed
related
$800,000 · Texas State Bank
Mar 16, 2006
—
Titus Dev Ltd
Mcallen Ice
Warranty Deed
$800,000 · Texas St Bk/mcallen
—
—
Titus Dev Ltd
—
Loan Modification
related
—
—
—
Titus Dev Ltd
—
Loan Modification
related
—
—
—
Titus Dev Ltd
—
Loan Modification
related
—
—
—
Titus Dev Ltd
—
Deed Of Trust
related
—
—
—
Titus Dev Ltd
—
Deed Of Trust
related
—
—
—
Titus Dev Ltd
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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