Property summary
This exceptional, fully occupied mixed-use property in Weslaco, Texas, presents a unique investment opportunity. Located at 215 S Texas Blvd, this Class A, fee-simple building boasts 3,750 square feet on a 0.06-acre lot. The 2-story structure, renovated in 2020, features eight units: an event center, a separate hair salon space, and six vintage studio loft apartments, generating multiple income streams. The building benefits from 100% occupancy with six tenants under a gross lease. The asking price is $489,000 ($130.40/sq ft). Situated in the heart of historic downtown Weslaco, adjacent to the iconic El Tinaco water tower, this property enjoys high visibility on Texas Blvd, a major arterial roadway, with excellent frontage. The permitted commercial zoning and strong local growth in both residential and commercial sectors make this a compelling investment for owner-users or investors seeking a blend of history and high return. The building's prime location offers easy access to major downtown landmarks and high traffic counts on Texas Boulevard (14,815 VPD) and Business Highway 83 (15,563 VPD). This is a rare chance to acquire a piece of Weslaco's rich history and capitalize on its vibrant future.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Weslaco market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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