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    Property profile & analytics

    512 Mike Chapa La Villa, TX 78562

    • Individual retail properties
    • 1,750 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 20, 2025
    Location Intelligence
    Property ID
    US82-5395007
    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

    • Individual retail properties

    Property Details for 512 Mike Chapa

    Year built
    1993
    Lot size
    0.06 lot acres
    Property size
    1,750 SF
    Property type
    Individual retail properties
    APN
    L2050-00-034-0017-00
    APU
    L205000034001700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Villa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9291
    Latitude
    26.2987
    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
    $1,532
    $17,188
    $31,020
    $48,208
    -
    $17,188
    $31,020
    $48,208

    Comparable in this City

    • Value Estimation
      $585,000
      12,570 SF

      10th St

      GYM, HEALTH SPA • 12,570 SF
      10th St, La Villa, TX 78562
      View Details
    • Value Estimation
      $615,000
      1,980 SF

      100 Mike Chapa

      CONVENIENCE STORE • 1,980 SF
      100 Mike Chapa, La Villa, TX 78562
      View Details
    • Value Estimation by Request
      4,794 SF

      101 Mile 16th 12th N Rd

      CONVENIENCE STORE • 4,794 SF
      101 Mile 16th 12th N Rd, La Villa, TX 78562
      View Details
    • Value Estimation
      $825,000
      9,100 SF

      421 Hwy 107

      SHOW ROOM, WAREHOUSE • 9,100 SF
      421 Hwy 107, La Villa, TX 78562
      View Details
    • Value Estimation
      $455,000
      5,430 SF

      Fresno St

      RESTAURANT • 5,430 SF
      Fresno St, La Villa, TX 78562
      View Details
    • Value Estimation
      $505,000
      1,048 SF

      845 Mike Chapa Dr

      RESTAURANT • 1,048 SF
      845 Mike Chapa Dr, La Villa, TX 78562
      View Details

    Similar Nearby for Sale

    • $135,184

      Prime La Villa Farmland - 5.68 Acres

      Texas farmland, ideal for row crops. Previously leased.
      16 5.68 Mile 16, La Villa, TX 78562
      View Details
    • $650,000

      La Villa, TX Commercial Land Investment

      Prime 21,740 SF Commercial Land, High Potential
      0 Mike Chapa Ave, La Villa, TX 78562
      View Details
    • $647,500
      0.50 Acres

      Income Producing Multifamily Investment Opportunity

      Fully leased 8-unit apartments with expansion potential in La Villa.
      Mike Chapa Ave, La Villa, TX 78562
      View Details
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    512 Mike Chapa
    La Villa, TX 78562
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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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