5609 Sandpiper Avenue, Mission, TX 78573
MULTI_FAMILY - Mission, TX
- Added:
- Jun 17, 2026
- Days on Market:
- 23
- Last Refresh:
- Jul 9 at 2:06 pm
Property Features for 5609 Sandpiper Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- S295500000005500
- Size
- 4,320 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10594
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Dara Herrera (888) 519-7431
Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX (888) 519-7431
Listing date Jun 17, 2026
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.
HighLights
- Four‑plex in Shary Manor gated community in Sharyland ISD
- Built in 2022, with central heating and central air (stucco construction; shingle roof)
- Four units: each offers 3 bedrooms and 2 bathrooms with open‑concept layouts
- Each unit includes granite countertops, custom cabinetry, and stainless steel appliances plus in‑unit washer/dryer
- Private fenced backyards and covered parking with 8 covered spaces
- Water source: public
Overview
The property is situated in a gated community within Sharyland ISD and is located in Mission, Texas. The listing notes that tenants pay utilities, contributing to lower operating burden for the owner. Covered parking totals eight spaces across the four units.
For buyers seeking a residential income property, the unit mix and in-home amenities support a broad range of tenant needs, with each unit configured for comfortable everyday living. The listing also indicates current rents are below market, citing comparable properties in the area supporting rents of $1,200+ per month. With straightforward four-plex tenancy and a low-maintenance setup described as well-suited for long-term ownership, this asset may align with investors looking for manageable operations and potential rent alignment.
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 | $60.7k | $14.04 |
| − Vacancy | −$6.7k | −$1.55 |
| EGI | $54.0k | $12.49 |
| − OpEx | −$16.2k | −$3.75 |
| NOI | $37.8k | $8.74 |
Alternative Uses
Current Use by Public Records
Map
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.27226
- Latitude
- 26.273271
