# 705 N Broadway Street #Fm88, Elsa, TX 78543

> **TL;DR:** commercial, $325,000 ($54/sqft), built 1990, 5,969 sqft.
> A/C, 12-car garage. Est. $1,738/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $54 |
| Square Feet | 5,969 |
| Year Built | 1990 |
| Lot Size | 12,750 sqft (0.29 acres) |
| Stories | 2 |
| Garage | 12-car |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Why This Home Stands Out

- **Large Garage** - 12-car garage

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,643 |
| Estimated Insurance | $95 |
| **Total** | **$1,738** |

## Key Amenities

- A/C
- 12-car garage

## Property Highlights

- Built in 1990
- 0.29 acre lot
- 2 stories
- 14 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 705 N Broadway Street #Fm88, Elsa, TX 78543
- **County:** Hidalgo
- **Neighborhood:** Elsa Townsite
- **Coordinates:** 26.299258, -97.993652
- **Google Maps:** https://www.google.com/maps?q=26.299258,-97.993652

## Listing Agent

- **Name:** Maggie Harris
- **Brokerage:** RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV
- **Broker Phone:** (956) 566-8377

## Photos

![705 N Broadway Street #Fm88 - Photo 1](http://lh.rdcpix.com/e6daa11cd8c5f0735e845f3adac4cbael-f3347623109r.jpg)

![705 N Broadway Street #Fm88 - Photo 2](http://lh.rdcpix.com/e6daa11cd8c5f0735e845f3adac4cbael-f1322084104r.jpg)

![705 N Broadway Street #Fm88 - Photo 3](http://lh.rdcpix.com/e6daa11cd8c5f0735e845f3adac4cbael-f1684987173r.jpg)

![705 N Broadway Street #Fm88 - Photo 4](http://lh.rdcpix.com/e6daa11cd8c5f0735e845f3adac4cbael-f2803108696r.jpg)

![705 N Broadway Street #Fm88 - Photo 5](http://lh.rdcpix.com/e6daa11cd8c5f0735e845f3adac4cbael-f3219960494r.jpg)

---

**MLS#:** 502332 | **Updated:** 2026-10-26
**Source:** listhub

*Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/705-n-broadway-street-elsa-tx-78543-7b931e7f622f4eebb339f3398826a429)

---

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