Mission, TX Income-Producing
2201 Jose De La Cruz Road Mission, TX 78574
For Sale
$270,000
Pending
MULTI_FAMILY - Mission, TX
Property Size1,970 SF
Lot Size0.19 Acres
Days on Market278
Property Features for 2201 Jose De La Cruz Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Garage
Exterior features
Mature Trees
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
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
Building Details
Year built
1986
Floors in Building
1
Number of units
2
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Encore Fine Properties
(956) 821-6170
Listed By:
Stephany Cisneros
(956) 600-5334
Added: Oct 25, 2025
Changed: Apr 15
Last Checked: Jul 29 at 5:06AM
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 income-producing duplex is located in Mission, TX. The property features one fully renovated unit and one brand new unit, both designed for comfort and modern living. The property size is 1970 square feet and the lot size is 0.1935 acres. Each unit includes private parking spaces. An electric fence secures the property, providing added privacy. This property presents an opportunity for rental income in a growing area, with the option to live in one unit and rent the other, or lease both units.
Key Highlights
- Income‑producing duplex: Prime investment opportunity.
- One fully renovated unit and one brand new unit offer modern living.
- Electric fence provides added privacy and security.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.7k | $14.04 |
| − Vacancy | −$3.0k | −$1.55 |
| EGI | $24.6k | $12.49 |
| − OpEx | −$7.4k | −$3.75 |
| NOI | $17.2k | $8.74 |
1,970 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$246.1K
$215.4K – $287.1K
NOI $17,228 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,861 @ 7.0% cap · market cap 5.87%
Theoretical Best
Hotel Hospitality
$1.48M
$1.30M – $1.73M
NOI $103,868 @ 7.0% cap · market cap 38.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex featuring renovated and new units in Mission, TX.
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: Income‑producing duplex: Prime investment opportunity.; One fully renovated unit and one brand new unit offer modern living.; Electric fence provides added privacy and security.
