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    Property profile & analytics

    1518 Conway Ave Mission, TX 78572-4003

    • Office buildings
    • 1,544 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US82-3683368
    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

    • Farmers Insurance - Michael Saenz / Life Insurance Agency / Motorcycle Insurance Agency
    • Texas Alternative Center-Teachers / Employment Agency

    Property Details for 1518 Conway Ave

    Year built
    1980
    Lot size
    0.16 lot acres
    Property size
    1,544 SF
    Property type
    Office buildings
    APN
    M5200-00-244-0004-00
    APU
    M520000244000400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $340,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $425,000
      Mixed-Use
      $350,000
      Hospitality
      $405,000
      Educational
      $370,000
      Residential Income
      $330,000
      Energy
      $380,000
      Income-Based Land
      $410,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3245
    Latitude
    26.2212
    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
    $3,156
    $71,750
    $52,199
    $123,949
    -
    $71,750
    $52,199
    $123,949

    Comparable in this City

    • Value Estimation by Request
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      400 Veterans Blvd

      OFFICE BUILDING • 1,200 SF
      400 Veterans Blvd, Palmview, TX 78572-8327
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    • Value Estimation
      $310,000
      168 SF

      300 La Homa Rd

      OFFICE BUILDING • 168 SF
      300 La Homa Rd, Palmview, TX 78572-7834
      View Details
    • Value Estimation
      $420,000
      456 SF

      2800 Roque Salinas Rd

      OFFICE BUILDING • 456 SF
      2800 Roque Salinas Rd, Palmview, TX 78572
      View Details
    • Value Estimation by Request
      1,220 SF

      613 Shary Rd

      OFFICE BUILDING • 1,220 SF
      613 Shary Rd, Mission, TX 78572-8211
      View Details
    • Value Estimation by Request
      1,604 SF

      1306 Conway Ave

      OFFICE BUILDING • 1,604 SF
      1306 Conway Ave, Mission, TX 78572
      View Details
    • Value Estimation
      $350,000
      3,138 SF

      2031 Griffin Pkwy

      OFFICE BUILDING • 3,138 SF
      2031 Griffin Pkwy, Mission, TX 78572-3222
      View Details

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    Similar Nearby for Lease

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    • $2,500 /Mo
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      Retail/Office Space Near HEB

      Commercial space near shopping, banks, and Starbucks with high traffic.
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    • $15 SF/Yr
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      Conway Crossing I: Medical & Creative Office Space

      Mission, TX Office Suites Available
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      Prime Mission location, 1,183 sq ft, ample parking.
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      Prime Office Space, 1,192 sq ft
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    • $1,100 /Mo
      1,000 SF

      Mission Retail/Office Space Available

      Cozy retail or office space with potential in Mission, TX.
      610 East 9Th St, Mission, TX 78572
      View Details
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    1518 Conway Ave
    Mission, TX 78572-4003
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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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