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Property profile & analytics
FOR LEASE
Strip malls
201 N 8Th St Donna, TX 78537
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US82-2360336
For Lease
1 / 2
$8,300/Mo
201 N 8Th St, Donna, TX 78537
View Listing →
Property summary
AI-generated overview
This exceptional investment opportunity presents a six-unit multifamily property ideally situated in Donna, Texas. The property comprises four buildings: two single-family homes and two duplexes, all currently occupied by tenants, providing immediate cash flow. Located at 201 & 203 N 8th Street W, 78537, this property benefits from its convenient proximity to local schools and the expressway, ensuring high tenant demand and occupancy rates. The combined lot size spans an impressive 7,501.032 square feet (approximate dimensions, verification recommended). Constructed in 1967, the buildings offer a solid foundation for continued rental income. The asking price is $499,000. This is an "as is" sale. Individual 3D tours are available for each unit. This property represents a compelling investment opportunity in a thriving Texas market. The property is located in Hidalgo County. The address is 201 & 203 N 8th Street W, Donna, TX 78537.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Total area
25,600 SF
Lot
1.21 ac (52,499 SF)
APN
D6800-00-011-0001-00
UPID
US82-2360336
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.07M
Owner & transaction history
Bells Ltd · 18 yrs held
Bells Ltd
since 2007
6 recorded transactions
Zoning & alternative use
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 Donna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Donna 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
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,745,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±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
$42 / 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
$15,552
Tax year 2022
Assessed value
$768,566
Assessed 2023
Previous assessed
$768,566
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$154,875
Assessed improvement
$613,691
Land market value
$154,875
Improvement market value
$613,691
Total market value
$768,566
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1992
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
25,600 SF
Lot
1.21 ac (52,499 SF)
APN
D6800-00-011-0001-00
UPID
US82-2360336
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Bells Ltd
Individual
Mailing address
PO BOX 577, DONNA, TX 78537-0577
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2007
—
Bells Ltd
—
Trustees Deed
related
$100,000 · Lone Star National Bank
Jul 21, 2006
—
Bells Ltd
—
Trustees Deed
related
$100,000 · Lone Star National Bank
Jun 4, 2004
—
Bells Ltd
—
Trustees Deed
related
$96,154 · Alamo Bank Texas
—
—
Bells Ltd
—
Deed Of Trust
related
$100,000 · Lone Star National Bank
—
—
Bells Ltd
—
Deed Of Trust
related
$100,000 · Lone Star National Bank
—
—
Bells Ltd
—
Deed Of Trust
related
$100,000 · Lone Star National Bank
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.
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