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Property profile & analytics
OFF-MARKET
Apartment buildings
313 Elida St Mission, TX 78573-1396
Entity Owned
4-yr Hold
Property ID
US82-5149159
Property summary
AI-generated overview
This exceptional five-unit apartment building, located at 313 Elida Street in Palmhurst, Texas, presents a compelling investment opportunity. Built in 1985, the property sits on a substantial 28,692.97 square foot lot, offering ample space and potential for future expansion. The building comprises one structure housing five units: one one-bedroom, one-bathroom unit renting for $690
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
2,730 SF
Lot
0.66 ac (28,693 SF)
Zoning code
CO
APN
E5135-00-000-0009-00
UPID
US82-5149159
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Erilo Investments Company LLC · 4 yrs held
Erilo Investments Company LLC
since 2021
2 recorded transactions
Zoning & alternative use
CO · Mission, TX
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 Mission submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,578
Tax year 2022
Assessed value
$276,623
Assessed 2023
Previous assessed
$276,623
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$126,254
Assessed improvement
$150,369
Land market value
$126,254
Improvement market value
$150,369
Total market value
$276,623
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
5
Bathrooms
1
Total area
2,730 SF
Lot
0.66 ac (28,693 SF)
Zoning code
CO
APN
E5135-00-000-0009-00
UPID
US82-5149159
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mission, TX
Zoning CO · permitted uses
CO · Mission, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
5
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Erilo Investments Company LLC
Entity
Mailing address
5516 N MCCOLL RD, MCALLEN, TX 78504-2207
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
—
Erilo Investments Company LLC
Victor Manuel Torres
Venders Lien
$125,000 · Adelante Funding I Ltd
Feb 11, 2004
—
Victor M Torres
Ochoa,michael & Mary C
Warranty Deed
$40,000 · Rio 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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