620 Expy 83Mcallen, TX 78501

  • Hospitality properties
  • 37,824 SF
Off market
$3,428,885 Estimated

Property Details for 620 Expy 83

Year built
1989
Lot size
1.25 AC
Property size (Sq ft)
37,824 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
T0070-02-000-0001-00
APU
T007002000000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,903,822
    6.5%
    $5,449,682
    7%
    $5,060,419
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,664,790
    Geo Method
    $20,201,212
  • Alternative Use

    Use
    Valuation
    Residential
    $5,949,470
    Hospitality
    $5,449,682
    Educational
    $4,534,072
    Medical
    $4,690,005
    Retail
    $7,053,000
620 Expy 83, Mcallen, Texas

Location Insight

City
Mcallen
County
Hidalgo
State
Texas
Latitude
26.19
Longitude
-98.2292
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,921,449
  • Assessed land value
    $912,340
  • Assessed value
    $2,833,789
  • Tax year
    2022
  • Tax bill
    $56,676

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