220 Expy 83Mcallen, TX 78501

  • Hospitality properties
  • 51,632 SF
Off market
$10,103,500 Estimated

Property Details for 220 Expy 83

Year built
1998
Construction
FRAME
Lot size
2.04 AC
Property size (Sq ft)
51,632 SF
Zone code
CO
Property type
Hospitality properties
Property subtype
Hotels
APN
B2637-00-000-0002-00
APU
B263700000000200

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,059,067
    6.5%
    $7,439,139
    7%
    $6,907,772
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,462,892
    Geo Method
    $27,575,850
  • Alternative Use

    Use
    Valuation
    Residential
    $8,121,378
    Hospitality
    $7,439,139
    Educational
    $6,189,276
    Medical
    $6,402,135
    Retail
    $9,627,763
220 Expy 83, Mcallen, Texas

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.1908
Longitude
-98.2261
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $7,640,680
  • Assessed land value
    $709,320
  • Assessed value
    $8,350,000
  • Tax year
    2022
  • Tax bill
    $167,000

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