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Property profile & analytics

505 La Homa Rd Palmview, TX 78574-5401

  • Auto shops
  • 2,514 SF
  • 0.44 lot acres
OFF-MARKET
Value Estimation
$435,000
Last Sale
Apr 26, 2024
Location Intelligence
Property ID
US82-5933099
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

  • Motorcycles La Homa / Motorcycle Repair Shop

Property Details for 505 La Homa Rd

Year built
1992
Lot size
0.44 lot acres
Property size
2,514 SF
Zone code
RS
Property type
Auto shops
APN
C2695-00-000-0003-00
APU
C269500000000300

Description

This exceptional 18,952.956 square foot commercial land parcel presents a remarkable investment opportunity in Palmview, Texas. Located at 505 La Homa Road, this property boasts a highly desirable location near the main intersection of Veterans Boulevard and La Homa Road, offering unparalleled visibility and accessibility. Its proximity to Interstate 2 ensures convenient access for customers and employees. Built in 1992, the land is zoned for commercial use, providing flexibility for a variety of development options. Potential uses include the construction of a shopping center, restaurant, or other commercial building. Alternatively, the existing structure could be renovated or repurposed to suit a specific business need. The property's strategic location and substantial size make it an ideal investment for entrepreneurs and developers seeking a high-impact location in a growing area. The asking price is $350,000. The property is situated in Hidalgo County, Texas, with a zip code of 78572. This is a rare opportunity to acquire a prime commercial lot in a thriving Texas market. Don't miss out on this chance to secure a piece of Palmview's commercial landscape.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Palmview
County
Hidalgo
State
Texas
Longitude
-98.3621
Latitude
26.2364
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
$4,200
$93,827
$61,271
$155,098
-
$93,827
$61,271
$155,098
More about this property
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