Renovated
For Sale
Contact for pricing
Pending
2201 Jose De La Cruz Road, Mission, TX 78574
Two-unit residential income property with updated interiors, private parking, and electric-fence security.
Property Size1,970 SF
Days on Market422
Property Features for 2201 Jose De La Cruz Road
General Information
Standard status
Pending
Size
1,970 SF
Total Parking Spaces
4
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Amenities
electric fence
Building Details
Year Built
1986
Buildings
2
Units
2
Listing Agency:
Encore Fine Properties
Listed By:
Stephany Cisneros · License #0817716
(956) 600-5334
Source:
Crexi
Added: Aug 27, 2025
Changed: Oct 4
Last Checked: Oct 20 at 8:45PM
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 Encore Fine Properties
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.
This duplex contains 1,970 square feet across two residential units. One unit has been fully renovated, while the other is newly constructed within the property’s existing configuration. Both units include private parking spaces, and an electric fence encloses the property.
Located at 2201 Jose De La Cruz Road in Mission, Texas, the property was built in 1986 and is positioned for residential rental use. The two-unit layout supports leasing both residences or occupying one unit while renting the other.
Located at 2201 Jose De La Cruz Road in Mission, Texas, the property was built in 1986 and is positioned for residential rental use. The two-unit layout supports leasing both residences or occupying one unit while renting the other.
Key Highlights
- Two‑unit duplex with 1,970 square feet
- One unit fully renovated and one brand new unit
- Private parking spaces for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,228
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,560
$344.6K
Cap Rate 7%
$246,114
$246.1K
Cap Rate 9%
$191,422
$191.4K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$27.7K $14.04/SF
− Vacancy
−$3.0K −$1.55/SF
EGI
$24.6K $12.49/SF
− OpEx
−$7.4K −$3.75/SF
NOI
$17.2K $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%
$344,560
Cap Rate 7%
$246,114
Cap Rate 9%
$191,422
Alternative Uses
Best Use
Multifamily LT 5
$246.1K
$215.4K – $287.1K
NOI $17,228 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,861 @ 7.0% cap · market cap 5.87%
Theoretical Best
Hotel Hospitality
$1.48M
$1.30M – $1.73M
NOI $103,868 @ 7.0% cap · market cap 38.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 78574, TX
63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with updated interiors, private parking, and electric-fence security.
Where is this duplex located?
The property is located at 2201 Jose De La Cruz Road Mission, TX.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,970 square feet; One unit fully renovated and one brand new unit; Private parking spaces for each unit
