2605 E Israel Avenue, Mission, TX 78573
MULTI_FAMILY - Mission, TX
- Added:
- Jun 2, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 2605 E Israel Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater, Dryer, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- S706500000000400
- Size
- 4,032 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12735
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Number of units
- 8
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Monica J. Acevedo (956) 703-6377
Listing office The International Real Estate Company 7017 N 10th Street Ste. 205, TX (956) 400-0192
Listing date Jun 2, 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.
HighLights
- Brand‑new 2024‑built four‑plex with four units
- Each unit offers 3 bedrooms and 2 bathrooms
- Central heating and central air; brick exterior with shingle roof
- In‑unit laundry plus included electric appliances (stove/range, washer, dryer, electric water heater)
- Private fencing and a patio
- Water source: public; zoned to Sharyland ISD
Overview
The building is located at 2605 E Israel Avenue in Mission, Texas 78573, within the Sunterra Estates community. The property is zoned to Sharyland ISD.
For investors and owner-operators, the asset presents a straightforward, turn-key structure with four independently rented units. For tenants, the unit design emphasizes everyday convenience with included appliances and in-unit laundry, while the tile finishes and open layouts support easy move-in living across the full property.
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 | $56.6k | $14.04 |
| − Vacancy | −$6.2k | −$1.55 |
| EGI | $50.4k | $12.49 |
| − OpEx | −$15.1k | −$3.75 |
| NOI | $35.3k | $8.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.29035
- Latitude
- 26.274485
