1717 La Homa Road Mission, TX 78574
COMMERCIAL - Mission, TX
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 agent Maria (Lila) Garcia License #626016 (956) 227-6215
Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX (956) 583-2100
Listing date Apr 29, 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.
Investment Insights
Based on property information with market context.
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 |
