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    307 N Moorefield Rd Mission, TX 78573

    Sponsored
    For Sale
    $690,000

    Apartment - Palmview, TX

    Type:Apartment
    Property size:
    7,200 SF
    Lot size:
    1.00 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 307 N Moorefield Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    E506000000000400
    Parking
    16
    Parking features
    Carport, Garage
    Size
    7,200 SF
    Lot size
    1.00 Acres

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    1997
    Number of units
    8
    Architectural style
    Other

    Dillard & Chapa Real Estate (956) 271-2600 [email protected]

    Listing agent Daniel A. Chapa (956) 271-2600

    Listing date Dec 27, 2025

    MLS# 464612 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.

    Overview

    Palmview Apartment Investment Opportunity

    This investment opportunity features an eight-unit apartment complex situated in Palmview, Texas. The property includes one four-plex constructed in 2000 and another four-plex built in 1997, totaling 7,200 square feet. Each unit contains two bedrooms and one bathroom, with an approximate size of 940 square feet according to HCAD. The subject site spans 1.0013 acres, offering additional space for future construction of more units. Each unit is individually metered, providing convenience for tenants and management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.354464
    Latitude
    26.232951

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment complex on one acre in Palmview, Texas.
    Where is this apartment building located?
    The property is located at 307 N Moorefield Rd Mission, TX.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - Income-producing property featuring 8 apartments in two 4-plexes.; - Potential for future expansion to build more units on the 1-acre lot.; - All units are 2-bedroom/1-bath, approximately 940 SF.
    (956) 271-2600
    Request Owner's contact information
    307 N Moorefield Rd Mission, TX 78573
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    Mission, TX 78573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    307 N Moorefield Rd Mission, TX 78573
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