3-Unit Brick
New
For Sale
$385,000
1004 N Holland, Mission, TX 78572
Each residence includes a private yard and a full set of kitchen and laundry appliances.
Property Size2,805 SF
Price / SF$137.25
Days on Market4
Property Features for 1004 N Holland
General Information
Standard status
Active
Size
2,805 SF
Property subtype
Multi-Family
Units
Unit Mix
3 x 2BR/2BA
Multifamily Units
3
Amenities
private yard
washer/dryer in unit
Building Details
Year Built
2026
Construction
brick
Listing Agency:
Tnt Real Estate
Listed By:
Miguel Vargas · License #801068985
Source:
Ryanandbrian
Added: Oct 26
Last Checked: Oct 28 at 5:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tnt Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this 2,805-square-foot brick triplex contains three residences, each arranged with two bedrooms and two bathrooms. All units include a refrigerator, stove, washer, dryer, and an individual private yard. A builder warranty is also included.
The property occupies a corner lot across from an elementary school. Its three-unit configuration and consistent layouts provide a straightforward setup for rental or owner occupancy.
The property occupies a corner lot across from an elementary school. Its three-unit configuration and consistent layouts provide a straightforward setup for rental or owner occupancy.
Key Highlights
- Three units, each with 2 bedrooms and 2 bathrooms
- 2,805 square feet of building area
- Built in 2026 with brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,530
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,600
$490.6K
Cap Rate 7%
$350,429
$350.4K
Cap Rate 9%
$272,556
$272.6K
Market Conditions
NOI Build-Up for 2,805 SF
Gross rent
$39.4K $14.04/SF
− Vacancy
−$4.3K −$1.55/SF
EGI
$35.0K $12.49/SF
− OpEx
−$10.5K −$3.75/SF
NOI
$24.5K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,600
Cap Rate 7%
$350,429
Cap Rate 9%
$272,556
Alternative Uses
Best Use
Multifamily LT 5
$350.4K
$306.6K – $408.8K
NOI $24,530 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$322.6K
$282.3K – $376.4K
NOI $22,584 @ 7.0% cap · market cap 5.87%
Theoretical Best
Hotel Hospitality
$2.11M
$1.85M – $2.46M
NOI $147,894 @ 7.0% cap · market cap 38.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 78572, TX
78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence includes a private yard and a full set of kitchen and laundry appliances.
Where is this triplex located?
The property is located at 1004 N Holland Mission, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 2 bathrooms; 2,805 square feet of building area; Built in 2026 with brick construction
