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    Property profile & analytics

    223 Mile 3rd Rd Palmhurst, TX 78573-6677

    • Drive through restaurants
    • 2,462 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 13, 2022
    Location Intelligence
    Property ID
    US82-6622245
    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

    • Drive through restaurants

    Property Details for 223 Mile 3rd Rd

    Year built
    2007
    Lot size
    1.26 lot acres
    Property size
    2,462 SF
    Property type
    Drive through restaurants
    APN
    T4545-00-001-0002-00
    APU
    T454500001000200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmhurst
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3156
    Latitude
    26.2585
    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
    $22,071
    $823,095
    $271,393
    $1,094,488
    -
    $823,095
    $271,393
    $1,094,488

    Comparable in this City

    • Value Estimation
      $505,000
      1,367 SF

      Conway Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,367 SF
      Conway Ave, Mission, TX 78573
      View Details
    • Value Estimation by Request
      1,050 SF

      103 Linda St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,050 SF
      103 Linda St, Alton, TX 78573-5888
      View Details
    • Value Estimation
      $345,000
      2,253 SF

      200 Alton Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,253 SF
      200 Alton Blvd, Alton, TX 78573
      View Details
    • Value Estimation
      $445,000
      3,506 SF

      211 Alton Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,506 SF
      211 Alton Blvd, Alton, TX 78573-6908
      View Details
    • Value Estimation
      $340,000
      1,500 SF

      105 Elida St

      BAR, TAVERN • 1,500 SF
      105 Elida St, Mission, TX 78573
      View Details
    • Value Estimation
      $315,000
      1,632 SF

      303 Alton Blvd

      RESTAURANT • 1,632 SF
      303 Alton Blvd, Alton, TX 78573-6865
      View Details

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      Mission Retail/Office Space Available

      Retail and office suites available for lease in Mission, TX.
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      View Details
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    223 Mile 3rd Rd
    Palmhurst, TX 78573-6677
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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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