5,969 sqft

$325,000

705 N Broadway Street Unit: FM88, Elsa TX, 78543

Price per sqft$54.45

Built in1990

Property size5,969 sqft

Property typeCommercial

Overview

Active

Listed Apr 21, 2026

Updated Jun 3

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.

Additional information

MLS^® ID: 502332

Interior Features

Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.29 Acres

Other Property Details

Taxes: $5,292
Tax Frequency: Annually
Garage: Yes

Listed by Maggie Harris with Keller Williams Realty RGV
Listing Contact: 956-928-1155

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 6/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 6/3/2026 at 4:45 PM UTC