Mixed-Use Property in Mission,
1717 La Homa Road Mission, TX 78574
1717 La Homa Road, Mission, TX, 78574
$455,000
For Sale
$455,000
COMMERCIAL - Mission, TX
Property Size4,107 SF
Lot Size0.46 Acres
Price / SF$110.79
Days on Market80
Property Features for 1717 La Homa Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 16
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- F749000000000300
- Size
- 4,107 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8446
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Building materials
- Stucco
- Roof type
- Metal, Flat
Listing Agency
RE/MAX elite
(956) 583-2100
2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX
Listed by
Maria (Lila) Garcia · License #626016
(956) 227-6215
Added: Apr 29 Checked: Jul 17 at 3:06 pm
MLS# 483879
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 mixed-use property in Mission, TX, features a free-standing building with two separate units, each currently leased for $950. The tenants have occupied the units for an extended period. The site also includes a 3,000 square foot warehouse at the rear, which has the potential to be leased for $2,400. The property is situated on a 0.455-acre lot, equivalent to 19,821 square feet. The total property size is 4,107 square feet.
Key Highlights
- Freestanding building with 2 separate units currently leased for $950 each
- Tenants have been in place for a very long time (both units leased)
- Includes a 3,000 SF warehouse at the back that can be leased for $2,400
Local Financial Insights For Mixed Use
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 | $73.9k | $18.00 |
| − Vacancy | −$7.4k | −$1.80 |
| EGI | $66.5k | $16.20 |
| − OpEx | −$25.0k | −$6.07 |
| NOI | $41.6k | $10.13 |
4,107 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$594.0K
$519.8K – $693.1K
NOI $41,583 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$472.4K
$413.3K – $551.1K
NOI $33,067 @ 7.0% cap · market cap 7.27%
Theoretical Best
Hotel Hospitality
$3.09M
$2.71M – $3.61M
NOI $216,542 @ 7.0% cap · market cap 47.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UNITED INCOME TAX ...
Accounting Firm
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with warehouse and leased units in Mission.
Where is this mixed-use property located?
The property is located at 1717 La Homa Road Mission, TX.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Freestanding building with 2 separate units currently leased for $950 each; Tenants have been in place for a very long time (both units leased); Includes a 3,000 SF warehouse at the back that can be leased for $2,400
