Mission, TX Four-Plex
2712 E Eisenhower Avenue Mission, TX 78573
2712 E Eisenhower Avenue, Mission, TX, 78573
$408,000
For Sale
$408,000
MULTI_FAMILY - Mission, TX
Property Size3,596 SF
Lot Size0.20 Acres
Price / SF$113.46
Days on Market96
Property Features for 2712 E Eisenhower Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Exterior features
- Mature Trees
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- S606302000005800
- Size
- 3,596 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9196
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick, Stone
- Roof type
- Shingle
Listing Agency
Tierra Frontera LLC
(956) 307-4544
833 E Esperanza Ave Suite 113, McAllen, TX
Listed by
Jessica Marroquin
(956) 536-2715
Added: Apr 16 Updated: May 14 at 1:53 am Checked: Jul 20 at 4:06 pm
MLS# 494324
Listing URL
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 multi-family property in Mission, TX, constructed in 2020, presents an investment opportunity. The property includes four units, each featuring 2 bedrooms and 2 bathrooms, totaling 8 bedrooms and 8 bathrooms across approximately 3,600 sq ft. The exterior features an expansive concrete driveway, covered carport parking, sidewalks, and maintained landscaping. Located near schools, shopping, dining, and major roadways, the property offers accessibility throughout Mission and surrounding areas. The property is situated on a lot of 0.2034 acres. The property size is 3596 square feet.
Key Highlights
- Built in 2019/2020: Modern construction minimizes maintenance.
- Four Units: Provides immediate rental income.
- 2 Bed/2 Bath Units: Highly desirable layout for renters.
Local 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 | $50.5k | $14.04 |
| − Vacancy | −$5.6k | −$1.55 |
| EGI | $44.9k | $12.49 |
| − OpEx | −$13.5k | −$3.75 |
| NOI | $31.4k | $8.74 |
3,596 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.2K
$393.1K – $524.1K
NOI $31,447 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$413.6K
$361.9K – $482.6K
NOI $28,953 @ 7.0% cap · market cap 7.10%
Theoretical Best
Hotel Hospitality
$2.71M
$2.37M – $3.16M
NOI $189,599 @ 7.0% cap · market cap 46.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Modern four-unit property built in 2020, ideal for investors.
Where is this quadplex located?
The property is located at 2712 E Eisenhower Avenue Mission, TX.
What is the asking price?
The asking price for this property is $408,000.
What are key features of this property?
This property features: Built in 2019/2020: Modern construction minimizes maintenance.; Four Units: Provides immediate rental income.; 2 Bed/2 Bath Units: Highly desirable layout for renters.
