1802 W Ramirez Street Mission, TX 78572
MULTI_FAMILY - Mission, TX
Property Features for 1802 W Ramirez 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
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Pending
- APN
- I405500000000700
- Size
- 3,634 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12992
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Daniel A. Chapa (956) 271-2600
Listing office Dillard and Chapa Real Estate 313 E Tom Landry St., Ste. A, Mission, TX (956) 271-2600
Listing date Jun 6, 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.
The property is located at 1802 W Ramirez Street in Mission, Texas (78572) within Hidalgo County.
For tenants, the mix of two-bedroom and three-bedroom floor plans can help accommodate different household sizes within one building. For buyers, it presents a newer construction multifamily asset with consistent unit features, including covered parking and in-unit laundry, supported by the property’s uniform configuration across all four units.
Key Highlights
- Newly constructed in 2023.
- Each unit includes stainless steel kitchen appliances (refrigerator, stove, microwave), and a washer and dryer.
- Granite kitchen countertops.
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 | $51.0k | $14.04 |
| − Vacancy | −$5.6k | −$1.55 |
| EGI | $45.4k | $12.49 |
| − OpEx | −$13.6k | −$3.75 |
| NOI | $31.8k | $8.74 |
