1200 Veterans Blvd, Palmview, TX 78572-7091
- Office buildings
- 2,000 SF
- 0.70 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1200 Veterans Blvd
- Year built
- 1982
- Lot size
- 0.70 lot acres
- Zone code
- CO
- Property type
- Office buildings
- APN
- H3944-00-000-0003-00
- APU
- H394400000000300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 12, 2020 | — | Abel E Ayala | — | Deed · related | $238k · Armando & Guadalupe Razo |
| Apr 16, 2018 | — | Abel E Ayala | Armando Razo | Warranty Deed | $330k · Armando & Guadalupe Razo |
| Jun 7, 2017 | $16,147 | Armando Razoa | Moncada San J|razo,armando & Guadalue | Trustees Deed | — |
| — | — | Abel E Ayala | — | Loan Modification · related | $238k · Armando & Guadalupe Razo |
Description
This exceptional 4,462 square foot mixed-use property in Palmview, Texas presents a unique investment opportunity. Situated on a sizable 0.7-acre lot with convenient access to Expressway 83, this property boasts two substantial homes. The first residence offers five bedrooms and four bathrooms, providing ample living space. The second home, equally impressive, includes four bedrooms and three bathrooms, ideal for multi-generational living or as a rental unit. The commercial zoning allows for diverse business applications, making this property suitable for a variety of ventures, from a live-work space to a small business operation. The property's location near Expressway 83 ensures high visibility and accessibility, enhancing its commercial potential. This versatile property offers significant long-term investment potential, combining residential comfort with lucrative commercial possibilities. The expansive lot size also presents opportunities for future development or expansion. This is a rare chance to acquire a property that seamlessly blends residential and commercial uses in a thriving Texas community. The combination of two well-maintained homes and the flexible commercial zoning makes this an attractive option for investors and entrepreneurs alike. Don't miss this chance to own a piece of Palmview's vibrant commercial landscape.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $595,000
- 6.5%
- $550,000
- 7%
- $510,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $478,000
Market price range: $162k - $478k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palmview
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3834
- Latitude
- 26.2385
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
