705 N BROADWAY STREET #FM88, ELSA, TX 78543
Homes for sale in Elsa.
Homes for sale in 78543.
705 N Broadway Street #FM88
Elsa, TX 78543
List Price$325,000
Listing #502332
5,969
Square Feet
Commercial
Type
About This Property
Prime investment opportunity in the heart of downtown Elsa! This versatile mixed-use retail building is located in a high-traffic area, offering excellent visibility and accessibility for business and residential use. The property features a retail storefront with strong exposure, along with 12 rooms currently utilized as apartment-style rentals. The residential portion includes 4 bathrooms and 2 kitchens, providing functional living arrangements for tenants. Property generates apartment rental income, contributing to a total monthly income of $2,400. Great opportunity for investors seeking a centrally located, income-producing property with consistent cash flow and upside potential.
Property Features
Location Information
County
Hidalgo
Directions
East on 107 , Turn N on Broadway. Property will be on W side.
Subdivision
Elsa Townsite
Interior Features
Cooling
Window Unit(s)
Appliances
Electric Water Heater
Floors
Concrete
Windows/Doors Description
Display Window(s)
Exterior Features
Construction
Solid Masonry
Lot Size in Acres
0.293
Exterior
Balcony, Workshop
Lot Size in Sq. Ft.
12,750
Roof
Flat, Metal
Present Use
Retail
Possession
Closing and Funding
Buildings
Storage
Parking Description
Enclosed, Off Street, Paved, On Street
Building Total Area (Sq. Ft.)
3,281
Has Garage
Yes
Energy Features
None
Garage Spaces
12
Road Description
Paved Road
Parking Spaces
14
Road Frontage
City Street
Lot Description
Downtown
Additional Information
Property Type
COM
Units in Complex
2
Property SubType
Commercial
Taxes
5292
Year Built
1990
Tax Year
2025
APN
E540000018001300
Square Feet Source
HidalgoCAD
Status
Active
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Mortgage Calculator
$1,516
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,171
Monthly Tax
$270
Monthly Insurance
$75
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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