Mission, TX Fourplex
905 W 8th Street Mission, TX 78572
905 W 8th Street, Mission, TX, 78572
$535,000
Pending
For Sale
$535,000
Pending
MULTI_FAMILY - Mission, TX
Property Size4,240 SF
Lot Size0.25 Acres
Days on Market80
Property Features for 905 W 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Appliances
- Electric Water Heater, Water Heater (Laundry Room), Smooth Electric Cooktop, Dryer, Microwave, Oven-Single, Stove/Range-Electric Smooth, Washer
- Standard status
- Pending
- APN
- Hidden Hills Estate Subdivision Lot 19
- Size
- 4,240 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17580
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick, Stone, Stucco
- Roof type
- Composition
Listing Agency
BIG Realty
(956) 465-0011
4847 S Jackson Rd., Pharr, TX
Listed by
Gregory A Vasquez
(956) 289-3288
Added: Apr 28 Checked: Jul 16 at 10:06 pm
MLS# 502938
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.
Located in Mission, TX, this fourplex offers 4240 square feet of total living space. The property is part of a well-maintained HOA, providing shared maintenance and amenities. Its location near the expressway, shopping centers, and schools offers accessibility to essential amenities. This property is suitable for investors or builders.
Key Highlights
- Hidden Hills Estate fourplex in Mission, TX, built in 2024
- 4240 SF total living space
- HOA community with shared maintenance and amenities
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 | $59.5k | $14.04 |
| − Vacancy | −$6.6k | −$1.55 |
| EGI | $53.0k | $12.49 |
| − OpEx | −$15.9k | −$3.75 |
| NOI | $37.1k | $8.74 |
4,240 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.7K
$463.5K – $618.0K
NOI $37,079 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$487.7K
$426.7K – $569.0K
NOI $34,138 @ 7.0% cap · market cap 6.38%
Theoretical Best
Hotel Hospitality
$3.19M
$2.79M – $3.73M
NOI $223,554 @ 7.0% cap · market cap 41.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fourplex in Mission, TX with modern features and prime location.
Where is this quadplex located?
The property is located at 905 W 8th Street Mission, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Hidden Hills Estate fourplex in Mission, TX, built in 2024; 4240 SF total living space; HOA community with shared maintenance and amenities
