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Mission, TX Fourplex Investment

3709 N Inspiration Road Mission, TX 78572

Claim this Listing
For Sale
$365,000

MULTI_FAMILY - Mission, TX

Property size:
2,720 SF
Lot size:
0.28 Acres
Price / SF:
$134.19/SF
Added:
Apr 30, 2026
Days on Market:
76
Last Refresh:
Jul 14 at 5:06 am

Property Features for 3709 N Inspiration Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage, Other, Carport
Fencing
Privacy
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Standard status
Active
APN
T094002000019300
Size
2,720 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5757

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1998
Floors in Building
1
Number of units
4
Building materials
Brick, Stucco
Roof type
Shingle

Listing agent Jaime Lee Gonzalez

Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

Listing date Apr 30, 2026

MLS# 478703 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 fourplex presents a great investment opportunity, centrally located in a high-traffic area of Mission, TX. The property is situated close to Expressway 83, Hollis Park, Dollar General, and Fire Station #4. Each of the four units features 2 bedrooms and 1 bath, complete with washer and dryer connections and tile flooring. Each unit also has private access to the backyard. The property is fully fenced and includes front parking. The lot size is 0.2821 acres, and the property size is 2720 square feet.

Key Highlights

  • Excellent central location in a high traffic area, close to Expressway 83.
  • Four units, each with 2 bedrooms and 1 bath, offering income potential.
  • Each unit includes washer and dryer connections for tenant convenience.

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 $38.2k $14.04
− Vacancy −$4.2k −$1.55
EGI $34.0k $12.49
− OpEx −$10.2k −$3.75
NOI $23.8k $8.74
2,720 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$339.8K
$297.3K – $396.4K (±1% cap)
NOI $23,786 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$312.9K
$273.8K – $365.0K (±1% cap)
NOI $21,900 @ 7.0% cap · market cap 6.00%
Theoretical Best
Hotel Hospitality
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,412 @ 7.0% cap · market cap 39.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Law Firm Pharmacy Kitchen & Bath Showroom Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store Electrical Service

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

FAQs

What type of property is this?
Quadplex - Fourplex in Mission, TX, near Expressway 83 and Hollis Park.
Where is this quadplex located?
The property is located at 3709 N Inspiration Road Mission, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Excellent central location in a high traffic area, close to Expressway 83.; Four units, each with 2 bedrooms and 1 bath, offering income potential.; Each unit includes washer and dryer connections for tenant convenience.
Contact an agent
More about this property
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