705 N Broadway Street FM88 Elsa, TX $ 325,000
705 N Broadway Street FM88
$ 325,000
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705 N Broadway Street FM88

Elsa, TX, 78543
$ 325,000
Bedrooms-- Baths-- Sq 5,969

Monthly Estimate*

$ 2,001

705 N Broadway Street FM88, Elsa, TX 78543 - Image 1
705 N Broadway Street FM88, Elsa, TX 78543 - Image 2
705 N Broadway Street FM88, Elsa, TX 78543 - Image 3
705 N Broadway Street FM88, Elsa, TX 78543 - Image 4
705 N Broadway Street FM88, Elsa, TX 78543 - Image 5

Commercial Property for sale in Elsa, TX

for $325,000. This 5,969 square foot building was built in 1990 on a lot size of 0.2927.

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.

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 5,292

Style

Commercial

Lot Size

0.2927

Year Built

1990

Town/City

Elsa

County/Region

Hidalgo

MLS | Web ID

502332

Features
General
Possession Closing and Funding
Property Subtype Commercial
Tax Year 2025
Current Use Retail
County Hidalgo
Property Type Commercial Sale
HOA false
Subdivision Name Elsa Townsite
Status Active
Directions East on 107 Turn N on Broadway. Property will be on W side.
City Elsa
Lot Size Units Square Feet
Lot Size Square Feet 12750.012
Tax Annual Amount 5292
Home Warranty Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description ELSA TOWNSITE BLK 18 LT 13 14 15 & 16
Freehold BBO VOW IDX
Living Area 5969
Cooling Window Unit(s)
Roof Flat Metal
Appliances Electric Water Heater
Garage Spaces 12
Construction Materials Solid Masonry
Year Built 1990
Stories Count 2
Unit Number FM88
Energy Efficient None
Garage Y/N true
Carport Spaces 2
Carport Y/N true
Year Built Source HCAD
Building Features Restrooms-Private
Structure Type Free Standing
Grounds Sidewalks
Other Structures Storage
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Interior
Flooring Concrete
Air Conditioning Y/N true
Window Features Display Window(s)
Retail SqFT 2688
Warehouse SqFt 0
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Exterior
Lot Size Area 12750.012
Lot Size Acres 0.2927
Road Surface Type Paved Road
Road Frontage Type City Street
Irrigation Water Rights Y/N false
Lot Features Downtown
Exterior Amenities Balcony Workshop
Parking Features Enclosed Off Street Paved On Street
Total Parking 14
Building Area Total 5969
Covered Spaces 14
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* Excluded Features
List By
Maggie Harris

Listing Agent

Keller Williams Realty Rgv

Broker

maggie@maggieharristeam.com

Email

Affordability Calculator

$2,442
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/21/2026$325,000 Listed Price

Map


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705 N Broadway Street FM88, Elsa, TX, 78543 is a Commercial Property for sale at $325,000 with 5,969 sqft and a lot size of 0.2927. 705 N Broadway Street FM88 was built in 1990. The property's zip code is 78543 which is in Elsa, TX