904 W Mahala Avenue, Mission, TX 78573
MULTI_FAMILY - Mission, TX
- Added:
- Apr 24, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 9 at 9:06 am
Property Features for 904 W Mahala Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- S765702000005200
- Size
- 3,596 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11145
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone
- Roof type
- Shingle
Listing agent Sharon Ochoa (956) 445-9251
Listing office Effective Real Estate 2212 Primrose Ave., McAllen, TX (956) 322-8522
Listing date Apr 24, 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
- Fourplex built in 2022 in a gated community
- Central heating and central A/C
- Stone construction with a shingle roof
- Each unit includes major kitchen appliances (refrigerator and stove) plus in‑unit washer and dryer
- Each unit has a private backyard
- Two covered parking spaces per unit
Overview
The property is located at 904 W Mahala Avenue in Mission, Texas, within a gated community. The community setting provides an additional layer of privacy and controlled access for residents.
For buyers seeking a small multifamily asset, the combination of spacious interior layouts, private outdoor space per unit, and functional in-unit laundry and kitchen appliances supports day-to-day tenant convenience. Two covered parking spaces per unit are also a clear operational benefit for resident parking needs. The property’s maintained condition and overall unit configuration make it a straightforward fit for investors or owner-occupants evaluating a four-unit residential income property.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.322032
- Latitude
- 26.295407
