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    Property profile & analytics

    1908 Joe Stephens Ave Weslaco, TX 78599-3702

    • Industrial properties
    • 39,564 SF
    • 2.37 lot acres
    OFF-MARKET
    Value Estimation
    $1,040,000
    Last Sale
    Nov 07, 2022
    Location Intelligence
    Property ID
    US82-0167189
    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

    • J R Inc / Software Company

    Property Details for 1908 Joe Stephens Ave

    Year built
    1992
    Lot size
    2.37 lot acres
    Property size
    39,564 SF
    Zone code
    I
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    M4010-00-000-000A-00
    APU
    M401000000000A00

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,070,000
      6.5%
      $1,110,000
      7%
      $1,245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $950,000
      Geo Method
      $1,085,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,000,000
      Retail
      $1,055,000
      Mixed-Use
      $885,000
      Hospitality
      $1,180,000
      Educational
      $930,000
      Residential Income
      $1,095,000
      Energy
      $1,075,000
      Income-Based Land
      $935,000
      Food Service
      $935,000

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9712
    Latitude
    26.1803
    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
    $32,341
    $284,199
    $979,311
    $1,263,510
    -
    $284,199
    $979,311
    $1,263,510

    Comparable in this City

    • Value Estimation
      $570,000
      3,360 SF

      2709 Midvalley Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,360 SF
      2709 Midvalley Dr, Weslaco, TX 78599-4236
      View Details
    • Value Estimation
      $345,000
      2,400 SF

      7300 Fm 88

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,400 SF
      7300 Fm 88, Weslaco, TX 78599-2462
      View Details
    • Value Estimation
      $435,000
      3,080 SF

      1501 Venture Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,080 SF
      1501 Venture Dr, Weslaco, TX 78599-2157
      View Details
    • Value Estimation
      $560,000
      10,140 SF

      Sugar Sweet Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10,140 SF
      Sugar Sweet Ave, Weslaco, TX 78599
      View Details
    • Value Estimation
      $655,000
      16,000 SF

      1820 Sugarcane Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 16,000 SF
      1820 Sugarcane Dr, Weslaco, TX 78599-3130
      View Details
    • Value Estimation
      $370,000
      3,040 SF

      1513 Venture Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,040 SF
      1513 Venture Dr, Weslaco, TX 78599-2157
      View Details

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    Weslaco, TX 78599-3702
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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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