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$1,450,000

200 E Cano St, Edinburg, TX, 78539

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths7,100 Sq Ft
price_per_sqft$204.23 / sqft
Year BuiltBuilt in 1993

About this property

Own a piece of Edinburg history! Originally built in 1929 as a JC Penney store, this two-story building has been completely restored while preserving the character that makes it distinctive. As you walk through the doors, you will be greeted by a grand lobby with soaring ceilings, glass-block windows, decorative tile floors, a custom reception area, a live-green accent wall, a built-in law library with floor-to-ceiling shelving, several offices, and large storefront windows that fill the space with natural light. The 2nd floor showcases carpet tiles, white walls with bold color accents, several private offices, and a kitchenette. Situated next to the Hidalgo County Courthouse and near professional offices and restaurants, the sale also includes two city lots one block away that can be used for parking. The building and parking lots are currently leased through January 2029, offering an investor an established tenancy in a landmark downtown property. Call to schedule a private tour.

Investor Tools

$0Estimated Mortgage Balance
$395,254Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

Interested in this property?

Michael Karam

Coldwell Banker La Mansion

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

City: Edinburg

200 E Cano St | Property Details | No Agent List