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Renovated Duplex Property
For Sale
$270,000
Pending

2201 Jose De La Cruz Road, Mission, TX 78574

Residential Income, Mission, TX

Property Size1,970 SF
Lot Size0.19 Acres
Days on Market354

Property Features for 2201 Jose De La Cruz Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 4
Parking features None
Exterior features Mature Trees
Appliances Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Subdivision Good Valley Ranch #1
Lot features Corner Lot, Mature Trees
Elementary school Kika De la Garza
Middle school Trevino
High school La Joya H.S.
Elementary school district La Joya ISD
Middle school district La Joya ISD
High school district La Joya ISD
Directions From the expressway (Expressway?83 / Business?US-83) in Mission. Travel north on Mile 5 Line Road. Continue north for approximately 0.9 miles, then turn west (left) onto Jose de la Cruz Road. Continue west on Jose de la Cruz Road-2201 will be along this stretch
Standard status Pending
APN G577001000000100
Size 1,970 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1215

Utilities

Heating system Central
Cooling system Central Air

Amenities

private parking spaces
electric fence

Building Details

Year built 1986
Floors in Building 1
Number of units 2
Building materials Stucco
Roof type Shingle
Listing Agency: Encore Fine Properties
Listed By: Stephany Cisneros · License #0817716
Added: Oct 25, 2025 Changed: Oct 8 Last Checked: Oct 13 at 1:06PM
MLS# 479324

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.

Investment Insights

Based on property information with market context.

This 1,970-square-foot duplex on a 0.1935-acre lot includes two residential units with differing improvement profiles: one has been fully renovated and the other is brand new. The property was built in 1986 and features stucco construction, a shingle roof, central heating, central air, and mature trees. Appliances include an electric water heater, refrigerator, and electric smooth-top stove/range.

An electric fence secures the property at 2201 Jose De La Cruz Road in Mission, Texas, within Hidalgo County. The two-unit configuration supports occupancy of one unit while leasing the other or leasing both units, as described in the property information.

Key Highlights

  • 1,970 square feet on a 0.1935‑acre lot
  • Two‑unit duplex with one fully renovated unit and one brand new unit
  • Electric fence secures the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,228
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,560 $344.6K
Cap Rate 7%
$246,114 $246.1K
Cap Rate 9%
$191,422 $191.4K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$27.7K $14.04/SF
− Vacancy
−$3.0K −$1.55/SF
EGI
$24.6K $12.49/SF
− OpEx
−$7.4K −$3.75/SF
NOI
$17.2K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,560
Cap Rate 7%
$246,114
Cap Rate 9%
$191,422

Alternative Uses

Best Use
Multifamily LT 5
$246.1K
$215.4K – $287.1K (±1% cap)
NOI $17,228 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K (±1% cap)
NOI $15,861 @ 7.0% cap · market cap 5.87%
Theoretical Best
Hotel Hospitality
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,868 @ 7.0% cap · market cap 38.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Pharmacy HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 78574, TX

63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One unit has been renovated, while the second unit is brand new.
Where is this duplex located?
The property is located at 2201 Jose De La Cruz Road Mission, TX.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1,970 square feet on a 0.1935‑acre lot; Two‑unit duplex with one fully renovated unit and one brand new unit; Electric fence secures the property
More about this property
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