409 Mahl St Edinburg, TX 78539-4547
Property Lookup
Property profile & analytics
409 Mahl St Edinburg, TX 78539-4547
- Strip malls
- 7,350 SF
- 0.49 lot acres
Property ID
US82-1518224
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 409 Mahl St
- Year built
- 2008
- Lot size
- 0.49 lot acres
- Property size
- 7,350 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- E3300-00-279-0010-00
- APU
- E330000279001000
Description
This exceptional investment opportunity presents a fully leased, 10-unit commercial plaza located at 409 E Mahl Street, Edinburg, TX 78539. Built in 2008, this 21,300.84 square foot property boasts a prime location in downtown Edinburg, within walking distance of the new Hidalgo County Courthouse. The attractive stucco building features a pole sign, exterior lighting, and roof signage, enhancing its visibility and appeal. The property includes a convenient parking lot with 29 private parking spaces. Currently generating a monthly rental income of $10,050 (as of December 2023), translating to an annual income of $117,300 and a net operating income (NOI) of $105,089.20. Unit sizes range from 615 to 1,200 square feet. Tenants have demonstrated remarkable consistency over the years, and rents offer potential for future increases. This income-producing property represents a reliable, long-term investment poised for continued growth in equity and income, situated in the heart of the fastest-growing city within the McAllen-Edinburg-Mission metropolitan area – the fastest-growing metropolitan area in Texas. Minimal maintenance is required, making this a truly attractive proposition for discerning investors. The asking price is $1,350,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1591
- Latitude
- 26.2991
- 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
$16,062
$257,730
$359,094
$616,824
-
$257,730
$359,094
$616,824
