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    Mission, TX Fourplex Investment

    3501 N Inspiration Road Mission, TX 78573

    3501 N Inspiration Road, Mission, TX, 78573
    $315,000
    For Sale
    Claim this Listing
    $315,000

    MULTI_FAMILY - Mission, TX

    Property Size3,520 SF
    Lot Size0.28 Acres
    Price / SF$89.49
    AddedFeb 19
    Days on Market145
    Last RefreshJul 14 at 4:06 pm

    Property Features for 3501 N Inspiration Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage
    Fencing
    Chain Link
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    T094002000018200
    Size
    3,520 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    6449

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2002
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Roof type
    Shingle

    Listing agent Joshua I. Benavides

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date Feb 19, 2026

    MLS# 496275 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 well-maintained fourplex presents an excellent investment opportunity, offering strong income potential in a desirable location in Mission, TX. The property benefits from a new roof, reducing capital expenses. Situated off Mile 2 Road and Inspiration Road, the location provides convenient access to local amenities, schools, and public transportation, supporting consistent tenant demand. The property is located directly across from a well-kept park and near a laundromat, adding convenience for tenants. With reliable rental performance and a solid location, this fourplex is a smart addition to any investment portfolio. The property size is 3520 square feet and the lot size is 0.2788 acres.

    Key Highlights

    • Strong income potential as a well‑maintained fourplex.
    • New roof provides peace of mind and reduced capital expenses.
    • Desirable and convenient location off Mile 2 Road and Inspiration Road.

    Local Financial Insights For Apartment 5plus

    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 $58.3k $16.56
    − Vacancy −$6.8k −$1.92
    EGI $51.5k $14.64
    − OpEx −$23.2k −$6.59
    NOI $28.3k $8.05
    3,520 SF · lease $16.56/SF/yr · vacancy 11.60% · expense 45.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $439.7K
    $384.8K – $513.0K (±1% cap)
    NOI $30,782 @ 7.0% cap · market cap 9.77%
    Second Best
    Apartment 5plus
    $404.9K
    $354.3K – $472.4K (±1% cap)
    NOI $28,341 @ 7.0% cap · market cap 9.00%
    Theoretical Best
    Hotel Hospitality
    $2.65M
    $2.32M – $3.09M (±1% cap)
    NOI $185,592 @ 7.0% cap · market cap 58.92%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Tortillas de Harina ... Restaurant

    Suggested Use

    Law Firm Dental Office Pharmacy Plumbing Service Garden Center Building Supply Electrical Service Carpet & Flooring Store Big Box & Wholesale Store Bakery

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

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex with strong income potential in Mission, TX.
    Where is this quadplex located?
    The property is located at 3501 N Inspiration Road Mission, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: Strong income potential as a well‑maintained fourplex.; New roof provides peace of mind and reduced capital expenses.; Desirable and convenient location off Mile 2 Road and Inspiration Road.
    Contact an agent
    (956) 223-9200
    We can help!
    Contact an agent
    Joshua I. Benavides
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