2007 Dragonfly Street Mission, TX 78572
MULTI_FAMILY - Mission, TX
Property Features for 2007 Dragonfly Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 8
- Parking features
- Garage
- Security features
- Security System
- Patio and Porch features
- Patio
- Exterior features
- Motorized Gate, Sprinkler System
- Fencing
- Privacy, Gate
- Appliances
- Electric Water Heater, Water Heater (Laundry Room), Dryer, Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- L318300000000400
- Size
- 4,518 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4206
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone, Stucco
- Roof type
- Shingle
Listing agent Ingrid Cepeda (956) 538-0376
Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX (888) 519-7431
Listing date May 25, 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
- Under construction 2026 modern fourplex with all units featuring 3 bedrooms and 2 bathrooms
- Gated subdivision with motorized gate plus privacy fencing and a sprinkler system
- Central heating and central air
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 | $63.4k | $14.04 |
| − Vacancy | −$7.0k | −$1.55 |
| EGI | $56.4k | $12.49 |
| − OpEx | −$16.9k | −$3.75 |
| NOI | $39.5k | $8.74 |
